METS sector poised to kick-start economy

Australia has a post COVID-19 reconstruction engine staring it in the face in the form of the mining equipment, technology and services (METS) sector which has experienced a demand surge during the pandemic.

InnovationAus is reporting the METS sector supplies everything from mining equipment repairs to mining related software and geological modelling consulting services.

The sector contributes $92 billion gross value-added income to the Australian economy per year and directly employs 300,000 people.

METS Ignited is the federally funded Industry Growth Centre covering the METS sector and chief executive officer Adrian Beer sees a large growth opportunity arising in the wake of the pandemic.

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