Summit to strengthen Chinese resource investment ties

Explorers, miners and manufacturers will have a chance to partner with Chinese investors in a forum co-hosted by the South Australian and Northern Territory governments.

The Australia China Minerals Investment Summit aims to foster engagement, trade and investment for development of Australia’s resource and allied manufacturing industries.

Minister for Mines and Energy NT Willem Westra van Holthe announced the summit in March.

“The rationale for holding an event in conjunction with South Australia is to showcase the significant mineral resources in both NT and SA. Together we attract a much larger investor audience,” Westra Van Holthe said.

“The event is aimed at bringing business opportunities and spreading the knowledge of mining opportunities in the Territory and South Australia.”

He added speakers will address issues such as commodity investment opportunities, market outlook, working with traditional owners, immigration, health and safety regulations and investment opportunities beyond minerals.

Three hundred delegates are expected at the summit, including investors, miners, explorers and policy makers. More than 100 Chinese officials will attend.

The forum includes ‘speed dating’ sessions to introduce companies to potential investors and business partners.

South Australian minister for mineral resources and energy Tom Koutsantonis said the forum is a good opportunity for the state’s resource companies to find investment partners for their project.

“Investors from China are looking for resources investment opportunities in Australia at all stages of development, from early exploration through to operational mines.

“China is South Australia’s largest two-way trade partner, and our exports include a range of mineral resources, bulk agricultural commodities and wine – among other things,” he said.

There will be an exhibition area organised by the Minerals Council of Australia Northern Territory Division at the summit.

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