Australia participated as “The Partner Country” in the 10th International Mining and Machinery Exhibition 2010 (IMME). IMME organised in Kolkata between November 10 to 13, 2010.
50 companies from Australia participated at the IMME 2010 exhibition reflecting on Australia’s status as The Partner Country and showcased Australia’s global leadership position in Mining Technology and Services.
Mrs Justine Elliot, Member of Parliament, Australia's Parliamentary Secretary for Trade participated at IMME 2010.
Australian expertise in Mining Technology & Services
Australia has a world class mining sector and is a leader in the minerals & resources industry for over a century. Australia has the world''''s largest economic demonstrated resources of lead, nickel, tantalum, uranium and zinc. Australia is also the largest producer of bauxite, alumina and tantalum, the second largest producer of lead, nickel and uranium, and the world’s largest exporter of coal. Up to 80 percent of Australia''''s production is exported and Australia has a long-standing reputation as a secure, reliable and competitive supplier.
Australia is also at the forefront in developing innovative technologies for the mining & resources sector with new techniques of mining and mineral development originating from Australia.
Australian expertise in mining technology and services spans technology, services, solutions from exploration; mine development; mining software & IT; mining consultancy; equipment & supplies; engineering & construction; contract mining; processing & control; environmental management; clean coal technology and mining education & training.
The Australian companies at IMME 2010 was a showcase of Australia’s status as a world leader in mining and technology services (MTS).
Australia – An Attractive Mining Investment Destination
There is growing Indian investment in Australia''''s mining & resources sector. Indian companies are increasingly investing & exploring investment opportunities in Australia to secure resources & raw material supply to meet the shortfall in domestic production.
Indian companies have invested in copper and coal mines in Australia and are exploring more investment opportunities in the mining & resources sector in Australia. India’s mining and resource processing companies have already identified the benefits of Australia, both through the establishment of long-term supply contracts and direct investment in Australia’s expertise, high quality deposits and competitive transportation costs. Together, India and Australia have put in place mechanisms to further reinforce commercial and technical linkages.
Recently, India’s biggest coal importer, Adani Enterprises, had acquired an Australian coal asset of Linc Energy in a cash and royalty deal worth A$ 2.7 billion. This is the largest single investment by an Indian company in Australia. This is being succeeded by an array of other companies including CESC, Reliance Power, GMR Power and other business groups from India that are exploring investments in the mining & resources sector in Australia.
Australia at IMME 2010
50 companies from Australia were participating at the IMME 2010 exhibition. The Australian participation at the IMME 2010 exhibition featured a cross section of Australian mining technology services firms whose business profile includes contract mining services; mining equipment components & spare parts; mining project software; mine management systems; mineral processing systems & components; underground mining services, coal washery & related consultancy.
As part of Australian participation at IMME 2010, seminars were organised on 9 November 2010 on
Seminar on Investing in the Australian Mining & Resources Industry
Seminar on Australian Mining & Resources
The Seminar on Investing in the Australian Mining & Resources Industry focused on investments in Australia’s minerals sector, providing an overview of Australia’s mineral resources, the opportunities and a practical guide for investing and operating in Australia.
The Seminar on Australian Mining & Resources focused on the current partnerships between Australia and India in the minerals industry, Australian expertise in mining technology & services, etc.
For more information on accessing Australia’s mining, technology & services expertise or in exploring partnership opportunities with Australian companies in the mining sector, please visit www.utsavaustralia.in or email to utsavaustralia@austrade.gov.au
Please click here to download the profile of Australian participants at IMME 2010.