Mining & Energy Services

Mining & Energy Services

Mining & Energy Services The South Australian Government is driving economic growth by building the state s competitive advantage, its export capability, and by supporting new investment in South Australia. South Australia is open to new people, new ideas, and new business partnerships. Background 1 The mining and energy sector will continue to be impacted by a global shift in economic power. By 2030, it is predicted that developing countries will be home to 440 of the world s fastest-growing cities, and be responsible for an estimated 57 per cent of global gross domestic product. The impacts on the industry worldwide will be huge: 1) A significant increase in the world s population will mean a big increase in energy demands, with consumption predicted to grow by 40 per cent by 2030 (compared to 2009 levels). 2) Increased personal wealth in developing countries will also be a catalyst for growing demand for metals. Global powerbases, like China and India, are tipped to remain the biggest consumers of these resources as they deliver infrastructure to support industrial and residential growth. The pressure to find new resources and access reserves previously thought unprofitable will only increase over the long term. And rising demand will not automatically mean happy shareholders; commodity prices will continue to fluctuate, even when demand and prices are high, shareholders will still want lower costs and greater returns on investment. Innovation and operational changes are therefore essential. The challenges are many but so are the opportunities. South Australia s invitation to you is to help seize those opportunities together. 1 KPMG, 2015

South Australia s capabilities Companies looking to develop, launch and test innovative new mining technologies need look no further than South Australia. BHP Billiton, OZ Minerals, Santos and Rex Minerals are just a few of the businesses with a strong presence. South Australia s unique combination of natural assets, expertise and innovation makes it the perfect place for enterprises wanting to push the envelope. Assets: We are naturally rich in high-quality mineral, oil and gas resources: - South Australia has 80 per cent of Australia s total known uranium resources and 60 per cent of Australia s current uranium production - The Bight Basin is emerging as a significant offshore exploration destination with major global producers committing to significant exploration projects. The Bight Basin is of a similar size to the Niger Delta but significantly less explored - South Australia also has world-class iron oxide/ copper/gold deposits at Olympic Dam and Prominent Hill. In total we have 68 per cent of Australia s demonstrated resources of copper and 30 per cent of Australia s copper production - Major deposits of zircon and shale gas. Our regulatory environment is stable. We are business-friendly, and politically low-risk. We have a highly skilled workforce and an education sector with established and internationally well-regarded geoscience initiatives. South Australia is geographically close to developing Asian markets, providing an ideal platform from which to launch, market and sell new technology innovations. Recentlysigned free trade agreements have increased our competitive advantage in the region. But we are not just content with what is in (and under) our backyard; we want to value-add. That is why the South Australian Government is a supportive, proactive, and collaborative government. We are actively seeking partnerships with industry and researchers with the best brains and the finest know-how, wherever in the world they may be.

South Australian Government Initiatives PACE (Plan for Accelerating Exploration) PACE Frontiers is the engine room for new resources discovery in South Australia, and the feeder for minerals and energy projects. It focuses on addressing the high investment risk and support needed for mineral exploration. SARIG a secure, online, map-based web application that delivers statewide geological and geospatial data to the mining sector. SARIG is ranked second in the Canadian-based Fraser Institute s list of global geological databases. Copper strategy we are committed to increasing our copper production from 300,000 tonnes per annum to one million tonnes per annum by 2030. Geoscientist Assistance Program a salary subsidy scheme that puts skilled and graduate geoscientists into work placements around South Australia. ICT Roadmap for Minerals & Energy Resources South Australia is establishing Adelaide as a national information and communications technology (ICT) hub to service the mineral and energy resources sector with cutting-edge solutions. Remote Operations Centre (ROC) Remote data from Prominent Hill in South Australia s outback is currently being successfully transmitted to a test and trial ROC at the University of South Australia. Oil and Gas Roundtable a body of national and international repute. It has more than 700 members, including companies, Australian and overseas government agencies, research institutions/ universities, and peak representative bodies including non-government organisations (NGOs) and individuals. Mining and Petroleum Services Centre of Excellence a pathway for mining and energy companies, research institutions and South Australian businesses to work together. The purpose is to find solutions that will make South Australia s resources globally competitive. The Deep Exploration Technologies Cooperative Research Centre (DETCRC) - is seeking more successful, cheaper and safer ways to drill, analyse and target deep mineral deposits. With AU$145 million of cash and in-kind funding from the Federal Government and its participants, the DETCRC is the world s best-supported independent research initiative in mineral exploration. Future Industries Institute offers highend research facilities and instrumentation. The Mining, Engineering and Transport Centre a state-of-the-art training hub. The Australian School of Petroleum one of only a few institutions in the world offering fully integrated teaching and research programs in petroleum geoscience, engineering and management (reflecting the way industry works). Tonsley, Australia s first innovation district (located just a few kilometres from the Adelaide CBD), is where industry, university research and education, vocational training, government, and the community come together to collaborate and innovate. Tonsley is where world-beating ideas are seeded, cross-pollinated, and where they can be brought to fruition. The Tonsley innovation district is the testing ground for new ideas and innovation, for developing efficient and environmentally sustainable mining and energy solutions that can be exported around the world. Emerging success stories at Tonsley include: Radical Torque Solutions - develops and manufactures torque tools and controlled bolting solutions for the energy and resources sectors. The company s Tonsley facilities will be completed by the end of 2016. Siemens Tonsley Service Centre - maintains turbomachinery (wind turbines, gas turbines, steam turbines and compressors) for the energy and resources sectors.

Case study - Siemens Technology precincts have great potential for industry, government and research coming together... This is what has attracted us to Tonsley (It s) the best example that we can see in Australia for such a technology precinct. David Pryke, Executive Vice President Energy, Siemens International giant Siemens maintenance and repair facility at Tonsley was designed to be fl exible in its production set-up and delivery. So much so, the company s Chairman and CEO Jeff Connolly says it will deliver a 22 per cent faster turnaround with 65 per cent more throughput while using 14 per cent less fl oor space. Plus: The facility will be able to overhaul larger equipment for the oil and gas industries that previously would have been sent offshore. That means the facility is also positioned to attract work from heavy resource states such as Queensland and Western Australia, effectively making it a national service centre for technology and engineering. Siemens vision Siemens commitment to Tonsley and South Australia doesn t stop there. The company is also a strategic partner on the entire Tonsley project, helping establish the precinct as a global model of a sustainable technologies hub. Siemens is excited by the possibilities: Here in South Australia people are already working on projects including regenerative suspension systems, next-generation batteries, innovative electric drive trains and even autonomous vehicle technology. It s that innovative philosophy that has started Siemens in collaboration with a number of local companies and educational institutions on a preliminary exploration of a virtual project using Siemens product lifecycle management software to design the world s fi rst electric restored and re-imagined Charger *. It would allow a team to test numerous technologies in a digital environment and could lead to real-world applications such as electric underground mining vehicles. Jeff Connolly, Siemens Ltd. Chairman and CEO To have this great company fi rstly invest, but secondly be so vocal in its commitment to Tonsley, speaks volumes for the vision the State Government has for this site as an incubator for innovation, research and technology. South Australian Treasurer Tom Koutsantonis * (The Charger was an iconic Australian car manufactured at Tonsley during the 1970s)

Tonsley supports your business. Setting up On-site resources 1 2 We have established a highly successful We are steadily building an array of world-class co-working space Co-HAB to support resources for the mining and energy services cluster development and initiatives. sector, including: Co-HAB organically attracts like-minded people ranging from consultants to peak industry bodies and supports collaboration in a creative space. Tonsley connects the dots. Brett Jackson, Co-HAB South Australia fosters new ideas and innovation, for eventual implementation on a wider scale. We re about investment and projects that not only meet our mining and energy services goals, but can be exported around the world. South Australia is open for business. The Onshore Petroleum Centre of Excellence (OPCE) Training Facility a fully simulated environment providing training to onshore petroleum operation and maintenance staff from organisations including Santos, Beach Energy and Senex Energy and their suppliers. Industry can now train workers in a purpose-built centre without the need for costly and time-consuming fly-in and fly-out arrangements. The AU$32.2 million Drill Core Reference Library (due to open in January 2016) will house South Australia s entire collection of drill cores from 120 years of exploration. That is 7.5 million metres of drill core material easily accessible to industry and geoscience explorers. 3 Selling your creation The support will not end when your product development does; we are absolutely committed to generating long-term success through the ongoing commercialisation of intellectual capital. Commercialisation support is available at Tonsley through: Flinders University s New Venture Institute (NVI) inspires, educates and connects innovators and entrepreneurs. Innovyz provides end-to-end support to help innovators build and grow companies that bring their creations to market. Tonsley offers great potential for innovation and industry collaboration, bringing together complementary businesses with leading academic institutions. It represents a new future. South Australian Treasurer Tom Koutsantonis For assistance investing in Tonsley, contact South Australia s Investment Attraction Agency. Our professional team will work with you to further your interest in our state. Ph: +61 8 8303 2400 To subscribe for Tonsley updates, or to request detailed property information, visit the website. www.tonsley.com Become a part of Australia s first innovation district. @TonsleySA Published November, 2015. No responsibility for any loss or damage caused by reliance on any of the information or advice provided by or on behalf of the State of South Australia, or for any loss or damage arising from acts or omissions made, is accepted by the State of South Australia, their officers, servants or agents. Produced by the Government of South Australia November 2015. Content correct at time of production.