More than 90 Australian mining companies are participating in this week’s OZMINE 2011 exhibition and conference in Jakarta, Indonesia.
With this year’s theme being ‘Next Generation Mining; Transforming Indonesia’, the Australian companies together with the event organizers, Austrade, will be showcasing the latest in mining equipment, technology, services, and consumables from the Australian mining sector.
Australia’s mining industry is the third largest in the world and about 60% of the world’s mines use mining software that was developed in Australia. Many of the 400 Australian companies operating in Indonesia are also involved in the Indonesian mining sector.
OZMINE 2011 will focus on discussions with some of the largest mining companies in Indonesia which together employ more than 30,000 people and export some Aus$50 billion in minerals internationally from Indonesia.
Austrade’s regional senior trade and investment commissioner Leith Doody says, “Critical to all this development is project financing and we are very pleased to dedicate a specific session to this topic.”
The exhibition was opened on March 29 by Australia’s charge d’affaires Paul Robilliard along with senior Indonesian representatives from the Indonesian Ministry of Energy and Mineral Resources.
Paul Robilliard says, “Australians are continually looking to invest and operate in the Indonesian mining sector. We are supportive of this and know that they can provide real tangible benefits to the market and bring with them world best practice and technologies that will ultimately benefit Indonesia’s mining development.”
Among the companies represented and speaking at the conference are Adaro, Freeport, Agincourt, Newcrest, Intrepid Mines, Kingsrose Mining, Pan Asia Corporation and Kiroyan Partners.
OZMINE 2011 is expected to draw about 2000 trade visitors to the exhibition and conference including visitors from major mining companies across the Philippines, Thailand and Vietnam.