A $14 million research consortium will explore how new technologies and the Internet of Things may improve efficiencies and opportunities for South Australia’s mining sector.

The State Government will contribute $4 million over four years through the Research Consortia Program to support collaboration between mining companies and local researchers.

The project will help mining companies boost business performance and productivity, eliminate unnecessary costs and waste, and anticipate machinery failures, using new technologies such as the Internet of Things, data analytics and sensors.

Led by the University of Adelaide, the consortium is set to create new research positions, drive international collaborations and promote the expansion of the mining equipment, technology and services (METS) sector in South Australia, potentially attracting new businesses and startups to the state.

The Research Consortia Program is the flagship program under the Premier’s Research and Industry Fund, which provides funding for significant research collaborations between universities, research organisations, government and industry.

Up to $4 million over four years is available to eligible consortia to tackle major challenges in areas of critical need or strategic importance for South Australia by developing innovative and leading-edge research solutions.

Applications for the second round of the Research Consortia Program are now open. For information and to apply, see the Research Consortia Program.