Australia’s best and brightest mining technology (METS) businesses are encouraged to apply for a position in Austrade’s LATAM Passport program.

METStech Passport is the first of its kind between Australia and Chile, allowing startup and scale-up companies to obtain direct exposure to the mining industry and commercialise their ideas.

The program will send Australian startups to Chile, and corresponding Chilean startups to Australia, for an immersion in the host country’s mining tech and startup ecosystem. Two spots are available for Australian startups and scale-ups with exploration, sensing, data analytics and digitization solutions that want to break into the resource rich LATAM market.

METStech Passport applications open on 26 April and close on 27 May 2018. Two winners from each country will receive flights and ground costs for an immersion program, which includes meeting with potential investors later this year. The program is being run by Austrade and METS Ignited, in partnership with private non-profit organisation Fundacion Chile.

The Turnbull Coalition Government recognises the importance of encouraging Australian innovation and this program with fellow mining industry heavyweight and TPP-11 partner, Chile, will enable Australia to pursue common challenges, fostering international collaboration through ideas.

Australian METS are consistently seen as global leaders in Chile - on price, technology and productivity - and our experience in the resources extraction business has nurtured an array of world-beating solutions providers.

METS is already a $90 billion industry in Australia, with potential for growth thanks to capability ranging from mine safety solutions to environmental management, including mine site closure and rehabilitation. Chile is Australia’s fourth largest METS export market.  

METStech Passport is Austrade’s second LATAM program and follows the successful Agtech Passport launched in 2017. 

More information is available here: www.austrade.gov.au/latampassport 

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