Published Tuesday, 14 October, 2008 at 03:45 PM

Minister for Transport, Trade, Employment and Industrial Relations
The Honourable John Mickel

Trade mission goes to heart of China mining opportunities

A Trade Queensland-led business delegation to China in November will focus on abundant business opportunities for Queensland arising from China’s sustained strong demand for coal and minerals, and a government mandate to improve mining efficiency and operational safety.

Minister for Trade John Mickel said that, with Queensland’s long mining history and efficient, safe mining industries, the State boasted a great number of established, globally competitive enterprises capable of supplying China with sophisticated mining equipment, technology and services (METS).

“A Chinese government plan to upgrade 300 of the nation’s coal mines for greater productivity, efficiency and safety, and a growing nonferrous metal industry are creating demand for advanced technologies for mining, mineral processing and smelting. Queensland can meet this demand,” Mr Mickel said.

“To assist Queensland’s METS companies to take advantage of the opportunities on offer in China, Trade Queensland is leading a trade mission to the China Coal Expo and the China Mining Conference & Exhibition from 3 to 13 November.

“The China Coal Expo, to be held in Beijing from 4 to 7 November, will provide a solid platform to showcase Queensland’s exporters to China’s coal industry and other buyers across Asia.

“This will be the sixth time Trade Queensland has led a business delegation to attend China Coal Expo, with last year’s mission generating $41.5 million in export sales for the 22 Queensland METS companies attending.

“2008 will be the first year that Trade Queensland has exhibited at the China Mining Conference and Exhibition from 11 to 13 November, which is billed as one of the top four world premier mining events. We are confident that Trade Queensland’s participation this year will assist to open up new areas of opportunity for trade mission delegates.

Trade Queensland will have a booth at both events to help promote Queensland businesses participating in the trade mission.

“As part of the trade mission, delegates will have the opportunity to meet with key decision makers from major mining companies in China, and will also be able to undertake a mine site inspection in Harbin, Heilongjiang Province to meet with major mine operators, mining equipment buyers and relevant government officials.

“An early, strong response from Queensland businesses wishing to attend the trade mission reflects the value of Trade Queensland’s assistance. Already, there are 25 representatives from 15 Queensland companies registered to attend,” Mr Mickel said.

The Chinese coal industry is the largest in the world. China is the largest consumer of coal worldwide and in 2007 Chinese coal mines produced approximately 2.55 billion tonnes, expected to increase to 3 billion tonnes by 2010. Coal currently accounts for 70% of China’s electrical power and in May 2006 there were 2,743 coal projects under construction in China.

Media contact for Minister Mickel: Jane Rowe 3237 1125 or Nathan Moir 3227 8842 

October 14, 2008