Innovation the “silver lining” in tough mining market
It might seem surprising that the Queensland mining industry is gearing up to celebrate. Three years in a tough market is something Jack Trenaman, of Rockhampton’s SMW Group, isn’t complaining about.
Their fabrication, field service and engineering firm is making progress and not just on their books.
“The tough demand for change in the mining industry has pushed us to find better solutions,” said Mr Trenaman.
“Our team has embraced it, producing new ways of working, transporting equipment, welding and manufacturing. We use technology, engineering and the latest innovations to create savings for clients – in the current climate, it’s necessary to go above and beyond.”
“Like many others, we’re helping sharpen the pencil for a competitive industry. Innovation is in everyone’s best interests.”
Ideas and innovation is a silver lining in tough market, and it’s one which everyone is hoping will deliver a competitive and sustainable resource industry, worth $64.8 billion to Queensland annually.
“From this challenging market, we’ve seen a surge in technology and creative thinking from all aspects of the supply chain,” Ms Currie said.
“These ideas are changing the face and future of mining.”
Robby Clark exhibition director of QME said innovation for improved mining is hotly sought after.
“Innovation and collaboration have become essential as the mining industry looks to become more cost-effective and time-efficient. This is no more evident than at QME where suppliers will showcase technology that helps the industry achieve these objectives,” he said.
“Events like the Queensland Mining Contractor Awards specifically celebrate the contribution the METS sector makes to the mining industry.”
During a weeklong celebration at QME Ms Currie said projects entered in the Queensland Mining Contractor Awards were the pinnacle of demonstrated ideas advancing the sector.
“The survivors in this industry are those that get better, not bitter. The projects entered are saving time, cost and red tape across Queensland operations,” she said.
“In this flagship arena projects are exposed to the entire industry, you just can’t buy that. I encourage every mining business, no matter their size, to enter a project or initiative in these awards and to attend QME.”
“We are all celebrating the incredible technology underpinning this complex industry, and how the entire supply chain is working together for its future,” Mrs Currie said.