In the dynamic world of mining, efficiency and innovation are key to staying ahead. Jason Wasley, Principal and Director of DrillCube, embodies these qualities, channelling his deep industry experience to transform mining supply chains. As one of the “10 Most Inspiring Australian Entrepreneurs to Watch in 2024,” Wasley’s journey highlights the importance of vision, leadership, and perseverance in business.
From Operator to Innovator
Jason Wasley’s path to entrepreneurship began after 25 years of working as a frontline jumbo operator in mining. His frustrations stemmed from the inefficiencies in the supply chain, where as many as 37 different suppliers were involved, leading to skyrocketing costs and complex logistics. Wasley recognized a critical gap in the market: the need for a single supplier offering consistent, reliable products globally.
In 2014, this realization led to the founding of DrillCube. Wasley’s vision was to create a “one-stop shop” for mining supplies, offering high-quality ground support, rock tools, ventilation, and consumables. His goal was simple: reduce inefficiencies so miners could focus on the work that mattered most. Today, DrillCube operates in 52 countries, and Wasley is committed to expanding its reach while continuing to innovate.
Leadership That Empowers
Jason Wasley’s leadership style has evolved over time. Initially autocratic, he has embraced a more empowering approach, fostering a culture of ownership and teamwork. At the core of DrillCube’s operations are four values: Communication, Teamwork, Perfection, and Delivery. “Everything is nothing until delivery,” Wasley emphasizes. He believes that strong leadership is about making good decisions and having the discipline to see them through.
Wasley’s ability to motivate his team has been key to DrillCube’s success. He encourages his employees to strive for perfection, emphasizing that everyone at DrillCube shares in the company’s mission. “We aim for perfection in every job we do, no matter the role,” he explains.
Overcoming Challenges with Resilience
Like many entrepreneurs, Jason Wasley faced considerable challenges in the early days of DrillCube, particularly in raising seed capital. However, through persistence and a clear vision, he secured the necessary funding to grow the company. From there, the next challenge was scaling—ensuring DrillCube could meet the demands of global clients without compromising service. “Now that we’ve reached mid-term growth, we must continue to scale while maintaining our service to the people who matter most—our clients,” he says.
Innovation and Success
Under Wasley’s leadership, DrillCube has developed several groundbreaking technologies. With 12 patents and a number of world-firsts, the company has set new industry standards. Innovations like underground mining lasers and mechanical dynamic ground support systems have cemented DrillCube’s reputation as a leader in the field.
For Jason Wasley, success goes beyond financial metrics. He measures success by the energy and commitment of his team. “The fact that people want to be part of this journey and don’t give up, no matter how challenging the work is, is probably the best measure of our success,” he reflects.
A Disruptive Vision for the Future
Looking ahead, Wasley sees DrillCube playing a disruptive role in the mining industry. With production costs on the rise, DrillCube offers a cost-effective, single-source supply solution that can revolutionize the way mining companies operate. “We are rewriting the rules on how you get your consumables underground,” he says. DrillCube’s “one-stop shop in a box” model increases efficiency, safety, and value for clients.
Jason Wasley’s advice for aspiring entrepreneurs in mining is clear: “Keep working. Dig deeper. Be bold.” He stresses the importance of managing risk while staying resilient and embracing challenges.
Giving Back and Recharging
Despite his busy schedule, Wasley remains committed to giving back to the communities where DrillCube operates. The company supports local sporting clubs and Indigenous development programs, a reflection of Wasley’s belief in community engagement. “We give back as much as possible,” he says.
To recharge, Jason Wasley takes time away from work to go fishing with friends. This annual retreat allows him to unwind and return to his role with renewed focus.
Drilling Down
Jason Wasley’s journey from frontline operator to visionary entrepreneur is a story of innovation, resilience, and leadership. Through DrillCube, he has revolutionized mining supply chains and set a new standard for the industry. As Wasley continues to push boundaries, his influence on mining—and his legacy as one of Australia’s most inspiring entrepreneurs—will undoubtedly grow.