Hunternet mining and energy mission to Vietnam
Australian mining technology and solutions companies to participate in Mining Vietnam 2016
An Australian delegation from the Hunter Valley Business Network (Hunternet)1 is visiting Vietnam to meet with Vietnam’s mining industry and to participate in the Australian Technical Mining Conference and Australian’s Exhibition at Mining Vietnam 2016 (Hanoi 29-31/3/2016).
The Hunternet trade mission includes seven Australian mining services and technologies organizations. The mission, together with other Australian exhibitors, will present and share their world class knowledge and expertise in sustainable mining techniques and technologies at the Australian Mining Technical Conference hosted by Asia Miner in collaboration with Austrade. CEO of the Port of Newcastle2, Mr Geoff Crowe, is also joining the Hunternet mission to Hanoi.
“Vietnam is an important partner to Australia in the ASEAN region. The two nations share a number of common interests, including energy development and security”, said Australian Ambassador to Vietnam, HE Mr Hugh Borrowman.
“Mining continues to be a powerful economic driver for Australia and Vietnam. Australia is among the top coal exporters in the world and has high quality coal which can meet Vietnam’s growing energy demand”, added Ambassador Hugh Borrowman.
Vietnam, like other South East Asian countries, is embarking upon a major electrification program and seeks energy security to support its economic expansion. Once a coal exporter, Vietnam now has to import to meet rising domestic demand, particularly from the power sector and this includes the construction of the most modern and clean coal-fired High Efficiency Low Emission (HELE) generation technology. Vietnam Electricity (EVN) added more than 3,400 MW of capacity from new coal-fired power plants in 2015 and these power plants consume nearly 10 million tonnes of coal per year.
It’s critical for Vietnam to have a suitable commodity port that can accommodate large coal vessel for its coal import plan. This is an area Australia has great capacity that can be shared with Vietnam.
The CEO of the Port of Newcastle Mr Geoff Crowe said that the Port currently exports 158 million tonnes of coal per annum and the port’s terminals have the current capacity to reach 211 million tonnes per annum if the demand is there and that he looks forward to meeting and speaking with possible future trading partners in Vietnam.
Along with the coal supply capability, Australia is also among the world’s leading countries in mining industry with some 150 years of experience. Australia’s mining industry has considerable experience in bringing together the concepts of environmental accountability, social responsibility and commercial success. That capability can also help Vietnam in developing its own mining industry and the effective using of natural resources.
“Sustainable resource management and mining efficiency in Australia are something that’s always been at the forefront of our mining industry. It is something our communities and our people demand and something the Australian mining sector is passionate about”, said Ms Janelle Casey, Australian Senior Trade Commissioner to Vietnam.
Vietnam has two examples of world class managed mine sites: First, the Nui Phao Project: Owned by Masan Resources Corporation under Masan Group and managed by an Australian team, the mine adheres to Australian sustainable mining practices and processes and utilizes Australian mining technologies and services. Second, the Ban Phuc Nickel Project: Owned and operated by Asian Mineral Resources Limited. Australian management ensures that International and Australian sustainable mining practices and safety standards are met as long as ensuring business efficiency.
Following recent successful cooperation initiatives (such as the Sustainable Mining Cooperation Initiative with Vietnam in 2015, the Australia Vietnam Sustainable Mining Forum, Sustainable Mining Workshops and the Ministerial visit to Australia - led by Industry and Trade’s Vice Minister HE Dr Cao Quoc Hung in November 2015), the Australian Government will continue to support the co-operation with Vietnam in the Resources and Energy sector.
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FOR MORE INFORMATION, PLEASE CONTACT:
Hoa Nguyen, Senior Business Development Manager, E-mail: [email protected], mobile: 0913238773
1. Hunternet (or Hunter Valley Business Network) is widely recognized within Australian manufacturing and academia as the most successful industry ‘cluster’ of its type nationally. The organization involves over 200 companies, active in national and international infrastructure and asset management, energy and resources, defense and advanced manufacturing supply chains.
2. The Port of Newcastle, NSW Australia, is the largest bulk shipping port on the east coast of Australia and the world’s leading coal export port.
The Port currently exports 158 million tonnes of coal per annum and the port’s terminals have the current capacity to reach 211 million tonnes per annum. In addition to this the Port imports and exports over 25 other commodities with strong potential for growth and diversification with largely untapped portside land and port capacity.
"The Port of Newcastle has immense capacity to support the growth of Asia Pacific nations via the supply of not only coal but many commodities including agricultural products," said Geoff Crowe, Port of Newcastle CEO.