What Resources Centre of Excellence does

Resources Centre of Excellence (RCOE) is a non-profit, multi-stakeholder industry hub headquartered in Paget, Queensland, that provides physical facilities, training infrastructure, and collaborative programs for Australia's mining, Mining Equipment, Technology and Services (METS), education, and government sectors. Its core infrastructure comprises a 1,753sqm underground mine simulator (control room, LHDs, conveyor, timber supports, capacity 55), a 46sqm VR laboratory with six headsets and 15 workplace safety modules served by a purpose-built VR LMS, four training rooms (49–142sqm), meeting rooms, a foyer function area, and an outdoor hardstand. Stage 2, the Future Industries Hub opened in 2025, adds the Flexi-Lab pilot processing plant for critical minerals plus serviced office tenancies, while Stage 3 (Isaac Resources Excellence Precinct in Moranbah) is under development with the planned Australian Centre for Industrial Intelligence covering AI/ML, digital twins, and robotics.

RCOE monetises primarily through transactional facility and space hire (half-day and full-day rates ranging from $206 for the foyer to $1,803 for a full-day underground simulator), recurring serviced-office tenancy at the Future Industries Hub, and project-based grants and partnerships with the Queensland Government, BHP Mitsubishi Alliance (via Local Buying Foundation), Mackay and Isaac regional councils, GW3, and QRC. Go-to-market is direct via website booking (Appointmind), email/phone enquiry, and demand-generation through the annual Queensland Resources & Innovation Expo and industry events (QME, Tech Verge, Safety Conference).

The organisation operates a three-stage rollout: Stage 1 (Paget HQ), Stage 2 (Future Industries Hub), and Stage 3 (IREP), and runs strategic initiatives including the Pit to Port Resource Circularity Project (with BMA, Coreo, Metabolic), the Bowen Basin Circularity Consortium, Decarbonisation Accelerated, and STEM engagement via Queensland Minerals and Energy Academy (QMEA). Distribution is regional to Queensland's Greater Whitsunday region, with claimed satellite extensions nationally and globally.

Name

Resources Centre of Excellence

Legal name

Resources Centre of Excellence

Website

https://rcoe.com.au

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Resources Centre of Excellence operates a multi-facility industry hub in Paget, Queensland, providing underground mine simulation, VR safety training, pilot mineral processing, and collaborative workspace for the mining, METS, education, and government sectors.

Ownership category

akta.pro rank

Product category

Resources Sector Training and Collaboration Facilities

NAICS

Support Activities for Oil and Gas Operations (213112)

SIC

Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Construction Management, Supervision & Field Engineering (EUAKAAAJ)

akta.pro secondary industry

Supplier Engagement & Value-Chain Decarbonization Programs (EUABAKAE)

Keywords

• Mining training facilities
• Resources sector hub
• VR safety training
• Underground mine simulation
• Collaborative workspaces

Headquarters

HQ city

Paget

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Facility & Space Hire: RCOE generates revenue by hiring out its physical facilities including the underground mine simulator, training rooms, meeting rooms, VR lab, foyer, hot desks, and outdoor hardstand. Pricing varies by space type and booking duration (half day or full day). This is the primary revenue stream.
2. Office Tenancy (Future Industries Hub): RCOE earns rental income from serviced office tenancies within the Future Industries Hub. Private offices (approx. 14m2) are available with 1-3 workstations per tenancy, 24/7 access, high-speed internet, professional cleaning, and air conditioning included.
3. Project Grants & Partnerships: RCOE receives funding support through major stakeholders and partners including Queensland Government, BHP, Mackay Regional Council, Isaac Regional Council, and Local Buying Foundation for project delivery including the Decarbonisation Accelerated project and circular economy initiatives.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Resources Centre of Excellence (RCOE) operates a multi-facility industry hub in Paget, Queensland, providing physical training and collaboration spaces for the resources and METS sector. Its core offerings include an underground mine simulator, a VR safety training laboratory, multiple training and meeting rooms, and the Flexi-Lab pilot processing plant at the Future Industries Hub. RCOE also runs industry projects (Pit to Port, Decarbonisation Accelerated, Bowen Basin Circularity Consortium) and hosts the annual Queensland Resources & Innovation Expo.

Product overview

Resources Centre of Excellence (RCOE) is a multi-facility hub providing world-class venues and collaborative spaces for the resources and METS (Mining Equipment, Technology and Services) sector. The core offering includes the Underground Simulator (1753sqm underground mine training facility), VR Laboratory (immersive safety training with 15 modules), Training Rooms (49-142sqm flexible spaces), and Hot Desk Hire. Stage 2 Future Industries Hub adds the Flexi-Lab pilot processing plant for critical minerals and private office tenancies. Stage 3 Isaac Resources Excellence Precinct in Moranbah will include R&D facilities, a learning centre, and collaboration spaces. RCOE also manages strategic initiatives including the annual Queensland Resources & Innovation Expo, Pit to Port circularity projects, Decarbonisation Accelerated, and Bowen Basin Circularity Consortium. The organization connects research, technology, education, and METS to shape the resources sector of the future.

Differentiator

Problem solved

Functional benefit

Brands

• Future Industries Hub: Stage 2 facility featuring Flexi-Lab, pilot processing plant, and serviced office tenancies for industry collaboration and innovation.
• Isaac Resources Excellence Precinct (IREP)
• Queensland Resources & Innovation Expo
• Decarbonisation Accelerated
• Pit to Port
• Bowen Basin Circularity Consortium

Products and services

• Underground Mine Simulator A 1753sqm underground mine simulated training and testing facility with a control room, non-operational service pipes, LHD equipment, conveyor systems, and auxiliary underground equipment for mining industry training. Maximum capacity 55 people. Priced at $1204.50 half-day or $1803 full day (incl. GST).
• VR Laboratory Immersive workplace safety training facility using VR technology with 15 training modules covering hazards such as Working at Heights, Confined Space Entry, Lock-out Tag-out, and Manual Handling. Features six VR headsets and a purpose-built VR LMS for learner insights and data tracking. Priced at $450 per half-day session.
• Training Rooms Multiple training and conference rooms available for hire including Training Rooms 1-4 (ranging from 49sqm to 142sqm) with capacities of 15-60 people, featuring projectors, interactive whiteboards, and flexible configurations. Individual rooms from $239 half-day to $472 full day; combined rooms from $472 half-day to $938.50 full day.
• Hot Desk Hire Flexible professional workspace for individuals with high-speed internet access, screens, comfortable desk and seating, shared facilities and breakout areas, with up to 4 individual workstations. Pricing by enquiry to [email protected].
• Executive Boardroom and Small Meeting Room Hire Executive Boardroom (max 10 people, $339/day) with boardroom table, CommBox screen with HDMI and interactive whiteboard, and Small Meeting Room (max 5 people, $309/day) with round table and additional workstation. Located at the Future Industries Hub, 65 Crichtons Road.
• Foyer (Function Centre) 100sqm foyer space available as a function centre for up to 120 people, including seating, sinks, highback alcove conference areas, lounge facilities, fridges, and zip taps. Priced at $206 per half day (incl. GST).
• Rear Carpark/Hardstand Outdoor Training Area Large outdoor all-weather training area on stable level asphalt used for practical training exercises including Elevated Work Platform training, electrical service vehicle training, fire safety training, and oversized equipment training. Shared use $339 or sole use $538.50 (incl. GST).
• Flexi-Lab Pilot Processing Plant A commercial common-user pilot processing plant supporting the development of new and improved methods for processing minerals, enabling pilot-scale demonstration of new technologies for critical minerals processing and assisting companies to increase mining yields and decrease associated costs. Includes Flexi-Lab 2.0 for strategic minerals processing and waste stream valorisation.
• Future Industries Hub Serviced Office Tenancies Stage 2 collaborative space featuring fully furnished private office tenancies (approx. 14sqm each) with 1-3 workstations, 24/7 secure access, high-speed internet, and professional cleaning, targeting METS organisations and innovators.
• Queensland Resources & Innovation Expo Annual premier platform for showcasing cutting-edge technologies, fostering industry collaboration, and driving sustainable advancements in the resources sector, bringing together industry leaders, technology innovators, policymakers, and investors. Brings together 50+ companies spanning mining, automation, safety, materials, and environmental solutions.

Quantifiable outcome

• 55-person capacity underground mine simulator (1753sqm) enabling realistic hands-on training without live-site risk
• +3 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

15 partnerships are on record, tiered core, major and minor.

• Queensland GovernmentcoreStrategic or Co-development PartnerQueensland Government is a major stakeholder and funding partner of RCOE, supporting infrastructure development and project delivery across all three RCOE stages. Government partnership underpins the Decarbonisation Accelerated project, Bowen Basin Circularity Consortium, and Critical Minerals Queensland initiatives.
• BHP (BMA)coreStrategic or Co-development PartnerBHP Mitsubishi Alliance (BMA) is a major stakeholder of RCOE and partner in the Pit to Port circular economy project at Caval Ridge Mine and Hay Point Coal Terminal, as well as the Bowen Basin Circularity Consortium. BMA's Local Buying Program and Local Buying Foundation are key financial supporters.
• Mackay Regional CouncilcoreStrategic or Co-development PartnerMackay Regional Council is a major stakeholder supporting RCOE's operations and regional initiatives. MRC co-sponsored the Queensland Resources & Innovation Expo and supports the broader resources ecosystem in the Mackay region.
• Isaac Regional CouncilcoreStrategic or Co-development PartnerIsaac Regional Council is a major stakeholder supporting the development of the Isaac Resources Excellence Precinct (Stage 3) in Moranbah, focused on workforce development, critical minerals, and regional diversification.
• Greater Whitsunday Alliance (GW3)coreStrategic or Co-development PartnerGW3 is a collaborative partner and co-organiser of the Decarbonisation Accelerated project. GW3 is the economic development organisation for Mackay, Isaac and Whitsunday regions, representing 180,000+ residents and working to secure new industry investment.
• CQUniversitymajorStrategic or Co-development PartnerCQUniversity is a collaborative partner providing education and research support. CQUniversity showcased engineering and trades programs at the RCOE-hosted Queensland Resources & Innovation Expo and contributes to workforce development initiatives.
• University of Queensland Sustainable Minerals InstitutemajorStrategic or Co-development PartnerUQ SMI is a collaborative partner contributing research expertise in mine waste, risk management, and sustainability. Contributed panellists to the Queensland Resources & Innovation Expo on ESG and resource innovation topics.
• Queensland Resources Council (QRC)majorGTM or Marketing PartnerQRC is the principal sponsor of the Queensland Resources & Innovation Expo hosted by RCOE. QRC represents Queensland's resource sector and provides industry leadership and advocacy.
• CoreomajorStrategic or Co-development PartnerCoreo is a partner in the Bowen Basin Circularity Consortium and Pit to Port Resource Circularity Project, bringing circular economy expertise and analytics to support the transition to circular mining practices in the region.
• Core Innovation Hub / Australian Automation and Robotics Precinct (AARP)minorStrategic or Co-development PartnerCore Innovation Hub, operator of Australia's largest test and R&D environment for automation and robotics (AARP), exhibited at the RCOE Expo and contributes to discussions on technology adoption and lowering entry barriers for start-ups in the resources sector.
• Fire & Safety AustraliamajorImplementation/ SI/ Consulting PartnerRegistered Training Organisation (RTO #22250) recognised for expertise in safety training and emergency response. Training organisation partner providing courses at RCOE facilities.
• Down Under Training & ConsultingmajorImplementation/ SI/ Consulting PartnerQueensland-owned Registered Training Organisation (RTO 30820) specialising in mining and construction industry training. Training partner delivering courses at RCOE.
• Aligned Corporate Residences MackayminorChannel Partner/ Reseller/ DistributorPreferred accommodation partner offering exclusive VIP rates for RCOE facility hire customers. Located in Mackay with shuttle service to RCOE. Provides two-bedroom, one-bedroom, and studio serviced apartments for short and extended stays.
• MetabolicmajorStrategic or Co-development PartnerPartner in the Pit to Port (P2P) Resource Circularity Project alongside BMA and Coreo, providing circular economy expertise for the Caval Ridge and Hay Point operations.
• Queensland Minerals and Energy Academy (QMEA)majorImplementation/ SI/ Consulting PartnerTenant at the Future Industries Hub. QMEA delivers STEM engagement programs connecting schools with the mining, minerals, and energy sector across Mackay, Isaac, and Whitsunday regions.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Mining3: Cooperative Research Centre focused on mining research across exploration, extraction and processing. Comparable to RCOE in bringing together industry, government and researchers to accelerate technology commercialisation in the resources sector, though focused on research outputs rather than physical training facilities.
• CRC TiME: Cooperative Research Centre for Transforming the Industry through Multi-scale Engineering, focused on tailings, mine waste and net-zero outcomes. Highly comparable to RCOE's Bowen Basin Circularity Consortium and Decarbonisation Accelerated initiatives, with overlapping industry, academic and government partners.
• CRC ORE (Optira): Mining research and technology commercialisation organisation (formerly CRC ORE) focused on optimising mineral processing and ore recovery. Comparable to the Flexi-Lab's pilot-scale processing focus and RCOE's role connecting researchers with mining operators.

Others

• Energy Skills Queensland: Queensland-based workforce development organisation for the energy and resources sectors. Directly comparable to RCOE's workforce training, reskilling and STEM engagement mandate (e.g., QMEA tenancy) but focused on labour-market and training-policy work rather than facility hire.
• METS Ignited: Industry Growth Centre for the METS sector, focused on accelerating innovation, commercialisation and global competitiveness. Overlaps with RCOE's role in supporting METS startups and Pilbara/Queensland resources technology adoption, but operates as a federal program rather than a physical hub.
• Austmine: Peak industry body for Australia's Mining Equipment, Technology and Services (METS) sector. Complementary to RCOE's METS-focused convening role and Future Industries Hub tenancy model, though Austmine is a member-based industry association rather than a physical hub operator.
• Queensland Resources Council (QRC): Peak industry body for Queensland's resources sector and principal sponsor of RCOE's Queensland Resources & Innovation Expo. Operates as the industry's advocacy and policy representative; comparable in convening role but not a facility operator.

Direct peers

• Resources Industry Network (RIN): Mackay-based regional resources industry network co-located inside the RCOE building at 65 Crichtons Road, Paget. Operates MSIC (Mining Skills Industry Centre) and is closely tied to RCOE's training and convening ecosystem, serving overlapping mining and METS members in the Greater Whitsunday region.
• Core Innovation Hub (operator of Australian Automation and Robotics Precinct): Operates Australia's largest test and R&D environment for automation and robotics (AARP) and exhibited at the RCOE-hosted Queensland Resources & Innovation Expo. Provides comparable testbeds and innovation-hub services to the resources sector, with shared goals of lowering entry barriers for startups and accelerating technology adoption.

Broad incumbents

• Resources Safety & Health Queensland (RSHQ, formerly Simtars): Queensland Government regulator that historically operated Simtars, a dedicated mining safety testing, training and research facility. Closest historical peer to RCOE's underground mine simulator and VR safety training offerings, but operates as a regulator with broader statutory mandates across the state.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/resourcescentreofexcellence
• LinkedInlinkedin.com/company/resourcescentreofexcellence

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Resources Centre of Excellence