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Australia supports Vietnam to develop a more sustainable resources sector
  • | dtinews.vn | April 25, 2024 11:47 AM
Eight Australian Mining Equipment, Technology and Service (METS) companies have joined Mining Vietnam 2024 this week to promote sustainable mining cooperation between Australia and Vietnam.


Australian METS delegation to Vietnam. Photo by the Australian Embassy in Vietnam.

The Australian businesses participating at this year’s Mining Vietnam Exhibition and Conference include suppliers of underground communications equipment; aerial survey/mapping technology; specialist mine engineering services and equipment, minerals processing and extracting technologies; industrial process fluids; water solutions, pump, maintenance, consumables, mineral processing equipment; and innovative/sustainable mine extraction and material processing technology who are expected to help Vietnamese mining operations develop and improve safety, sustainability, productivity and efficiency.

In terms of mining investment in Vietnam, Australian firm Blackstone Minerals is also developing the Ta Khoa Nickel-Cooper-PGE project, located in the Son La Province, which includes an existing modern nickel mine built to Australian standards. This project is an integrated upstream (Ta Khoa Nickel Project) and downstream (Ta Khoa Refinery Project) battery metals processing business in Vietnam that produce NCM Precursor products for Asia’s growing Lithium-ion battery industry. The Ban Phuc nickel mine successfully operated as a mechanised underground nickel mine from 2013 to 2016 and was built by an Australian construction contractor.

Another area of cooperation between Australia and Vietnam is the upskilling of local labour; sustainable and responsible mining practices lead to professions in environmental management, community engagement and social responsibility to mitigate the impact of mining operations.

The Vietnamese Ministry of Industry and Trade and the Australian Department of Industry, Science and Resources also recently signed a MoU on the establishment of the ministerial-level dialogue on energy and minerals at Australia-ASEAN Special Summit in March 2023 that looks to strengthen the bilateral cooperation in the above-mentioned sectors.  

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