Homework need for mining profits

GYMPIE region businesses looking to sell to the mining sector will have to do their homework if they want to succeed.

That was the message yesterday from Gympie Chamber of Commerce president Ben Ellingsen.

Mr Ellingsen was commenting on the chamber's call for interested businesses to get on the bus to new markets, literally.

The chamber has organised a major marketing drive, taking Gympie business representatives by bus to Toowoomba for the Surat Basin Energy and Mining Expo.

The Expo, which will feature 300 exhibitors (and potential customers), will be held at Toowoomba Showgrounds on Wednesday and Thursday of the week after next.

Mr Ellingsen said the expo would provide a unique platform to conduct face-to-face business with key decision-makers and buyers in the Surat Basin.

Businesses have also been advised that, in many cases, their market is not with the major mining companies themselves, but with middle-level companies supplying the big firms with equipment and expertise.

"It's a fairly big thing," Mr Ellingsen said of the Expo.

"With more than 300 exhibitors, people are obviously not going to be able to meet everyone there.

"But they can start to do a bit of research and find out who they will most benefit from meeting," he said.

One Gympie firm which has already beaten a path from Gympie to the resource industries market is CPM

Engineering. CPM's Jason McPherson says there is "an enormous amount of exploration work going on," some of it quite nearby. "It doesn't have to be mining as such," he said.

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