Local business fast tracking
Expanding premises, employing people and looking to get innovation quickly to market
Wednesday 06 September 2017
The owner of a local mining support business nominated for a program to fast track commercialisation of their innovations, is upbeat about the program and the future of mining, after the first week of training.
Managing Director of Mackay Conveyor Systems Jason Kelly represents one of three Central Queensland mining businesses nominated to be a part of the Igniting METS Accelerator program.
The program is a joint initiative between the federally funded METS Ignited organisation and the Queensland Government and is about helping businesses make money out of their innovations.
Mackay Conveyor Equipment has developed an underground main gate transfer system that through modularisation and hydraulics, is faster and cheaper to install than the current methods commonly used.
As one of nine entrepreneurs selected to be part of the program Mr Kelly is undertaking an intense 12-week learning program at accounting firm KPMG in Brisbane, where he says he has gained some useful insights.
“It’s early days, but it’s been very good so far,” he told Shift Miner.
“They are big days, and they cram a lot of content in, but it's good to be looking at our business through a different lense, which is challenging some of our assumptions.
“The corporate guys have different Key Performance Indicators (KPI), to a lot of the people we normally deal with on the ground, so it's good to get an understanding of that.
“There are still another ten sessions to go, but I am looking forward to bringing back what we learn and sharing it with other members of our team.”
Rockhampton based FDP mining, and Mackay based Vayeron were also identified as having innovations with strong potential in the Mining Equipment, Technology and Services (METS) sector.
FDP mining is developing technologies that will allow them to viably reclaim saleable coal from tailings dams, while Vayeron has developed a type of smart-idler for bulk commodity conveyor systems, which can monitor and predict failures before they happen.
Mr Kelly says he - like many companies - wants to capitalise on a new found optimism gripping the Central Queensland mining sector this year.
“I am definitely a lot more positive about the outlook for mining,” he said.
“I am looking for people, and moving into a larger facility, and I definitely wouldn’t be doing that if things were not getting better.”