The Canadian Australian Chamber of Commerce (CACC) is hosting a panel breakfast reception as it welcomes an Australian METS (mining equipment, technology, and services) delegation in Montréal.
The event offers an opportunity to gain insights into the thriving global METS (Équipements, Technologies et Services Miniers) industry, which is forecasted to grow at a CAGR of 7% over the next five years.
This growth is expected to be driven by emerging technological advancements and increasing demand for sustainable and efficient mining practices.
Australia is renowned for its world-leading METS sector, and will bring a wealth of knowledge and innovation to the table, providing Canadian businesses with unparalleled opportunities to collaborate and tap into this growing market, the CACC says.
For Canadian exporters and local businesses, this breakfast reception presents a golden opportunity to explore bilateral trade and investment prospects.
“With Canada’s mining sector contributing over $97 billion to the national GDP, and exports comprising a substantial portion of this figure, the potential for aligning with Australian METS experts is immense,” the CACC says.
“However, navigating international expansion poses challenges such as regulatory compliance and competition.
“This event will bring together industry experts to discuss these challenges and explore collaborative strategies to leverage innovative solutions, enhance competitiveness, and ultimately create a mutually beneficial landscape for both Canadian companies and the Australian METS delegation.”
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Images: CACC
