Australian mining equipment and services export association Austmine and Trade & Investment Queensland have joined forces to host the Australian Pavilion for the MiningWorld Russia 2013 exhibition from May 14-16.
It’s the third time the organizations have collaborated on a display at the event which is considered one of the mining industry’s key annual forums and is held with the official support of state bodies and industry associations.
The 2012 exhibition hosted more than 300 global companies from across 22 countries including Canada, Finland, Germany, Poland, South Africa, Turkey, Kazakhstan, Kyrgyzstan and Australia.
Russia’s mining sector is forecast to experience steady growth to 2015, reaching a US$259 billion high from the 2010 value of US$134 billion, making it one of the top industries in the Russian economy.
Russia continues to be one of the world’s largest mineral producers, accounting for 20% of nickel and cobalt production, 5-7% of coal and iron ore production and also a large proportion of the output of some non-ferrous and rare earth metals, platinum group metals, diamonds, apatite and potassium salts. Ongoing modernization in the existing industry and prospecting for new mineral deposits are the goals of major players in the sector.
Austmine’s executive officer Robert Trzebski says mining, energy and trade sector companies interested in supplying goods and mine services to the Russian market should join the pavilion team. “Whether coal or hard rock, open-cut or underground – these companies should join the Austmine mission to Russia to showcase the products and services at the nation’s prime international event.
“It will offer Australian companies the unique opportunity to meet face-to-face with senior executives and decision makers of Russia’s major companies operating in the region,” he says.
“Optimization of mineral production remains the key task for economic advancement in Russia. For mining suppliers, this creates excellent business opportunities in terms of equipment, technology and services in delivering solutions for cost-efficiency, productivity and safety of operations. Russian mining companies are aware of the Australian expertise – but have limited direct exposure to Australian mining technologies and services,” he adds.
Last year’s Austmine group to exhibit at the Australian Pavilion included Micromine, Russell Mineral Equipment, Xstrata Technology, Austin Engineering/Westech, Maptek, Industrea, Mine Site Technologies, Hella Australia, Alloy Steel International and Bradken.
The group also participated in informal briefings with Russia’s leading mining companies SUEK, Mechel and Evraz in Moscow that provided the participants with first-hand information on project developments, and their future products and services requirements. “These meetings were instrumental in starting new business or expanding existing ties with these companies,” says Robert Trzebski.