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Digitalisation of extractive sectors worth $74b

Digital automation technologies could add A$74 billion (US$51 billion) and 80,000 jobs to Australia’s economy by 2030 if effectively introduced to the nation’s extractive sectors, according to research released this week by METS Ignited and National Energy Resources Australia.

Digitalisation of extractive sectors worth $74b Digitalisation of extractive sectors worth $74b Digitalisation of extractive sectors worth $74b Digitalisation of extractive sectors worth $74b Digitalisation of extractive sectors worth $74b

Australia's METS sector is being urged to push digital automation of mining and petroleum industries to recharge the economy (Image: SAP)

METS Ignited said these benefits would only be realised, however, if Australia's technology sector acted immediately and collaboratively to "drive a globally competitive supply chain".