Innovation, people and skills, plus technological advances, will deliver a more globally competitive minerals sector, according to the Minerals Council of Australia.
MCA chief executive officer, Tania Constable, said the result would be an increase in fulfilling careers in highly paid, high-skilled jobs.
Ms Constable said today’s release of professional services firm EY’s Skills Map for the Future of Work, commissioned by MCA, provided a comprehensive examination of future skills and training and technology trends in the Australian minerals industry.
Key findings by EY include:
- 77 per cent of jobs in Australian mining will be enhanced or redesigned due to technology within the next five years;
- Productivity increases up to 23 per cent can be achieved with the rollout of new technologies, costing more than $35 billion;
- An injection of $5 billion to $13 billion in workforce capability will be needed over the next decade to unlock future productivity gains;
- Australian education and training systems need to be modernised to deliver higher certification and fit-for-purpose degrees.
“New technology and innovative practices will enhance the performance and productivity of 42 per cent of Australian mining jobs, with a further 35 per cent of occupations being redesigned and upskilled, leading to more valuable employment opportunities,” Ms Constable said.
“Automation will give the opportunity for reskilling into other areas.
“EY’s study also identified that Australia’s education and training system needs to be modernised by offering improved course structures and enhanced movement between universities and the vocational education sectors.
“Future university degrees will need to have a mix of the latest scientific, technical and trade skills along with soft skills including collaboration, team building, communication and creativity.”
Ms Constable said a decade-long investment by industry and government in general skills incorporating mathematics, data analytics, computing and change management would boost productivity in the minerals sector.
“Australian mining will continue to take advantage of innovation, technology and new ways of working to create high-paying, high-skilled jobs,” she said.