Australia cooperates with Vietnam to develop a more sustainable resource industry

According to a statement from the Australian Embassy in Vietnam, a delegation of Australian mineral equipment and technology services (METS) businesses this week attended the mining exhibition Mining Vietnam 2024, with the support of the Vietnam Trade Authority. Australian Government Trade and Investment (Austrade), to promote sustainable mining cooperation between Australia and Vietnam.

The mining industry plays a vital role in ensuring a sustainable future for our planet; providing essential resources to create renewable energy technologies, electric vehicles, green building materials, medical devices and space technology, areas that will drive economic and social development world sustainability in the coming century.

To ensure a responsible supply of resources for current and future generations, mining operations must strike a balance between increasing production efficiency and adopting sustainable operating solutions than.

To minimize environmental impact and ensure operations are socially acceptable, the mining industry needs to adopt new technologies, processes and business models.

Australian mining equipment, technology and services (METS) businesses are the leading partners helping the mining industry achieve this sustainable goal globally, including in Vietnam.

Support Vietnam to implement sustainable mining activities

Speaking at the Australia – Vietnam Green Economy Summit in Ho Chi Minh City. Ho Chi Minh City on April 16, Ms. Rebecca Ball, Trade and Investment Counselor of the Australian Government, affirmed: “Australia can provide more support to help Vietnam achieve its goal of developing mining activities.” more sustainable mines, through upskilling the workforce, implementing ESG measures and applying Australian METS solutions; thereby reducing carbon emissions from mining activities and improving management water resources and explore opportunities to recycle mine waste into valuable construction materials.”

Australia’s Mining Equipment, Technology and Services industry is at the forefront of developing and deploying innovative methods and cutting-edge technology for mining operations around the world.

The key Australian businesses participating in Mining Vietnam this year are partners with global experience in: Underground communication equipment (Nautitech); Geological mapping using remote sensing technology from the air (Xcalibur Smart Mapping); specialized mining equipment and technical services, mineral exploitation and processing technology (Blackstone Minerals, Mineral Technologies, Mincore); industrial fluid and lubricant management (Quaker Houghton Australia); water management solutions, pumps, maintenance, consumables, mineral processing equipment (Weir) mineral processing technology into metals and sustainable materials processing (Ekion); helps improve efficiency as well as safety and sustainability in mining.

In terms of mining investment in Vietnam, Australian enterprise – Blackstone Minerals is developing a project with a green model for Nickel-Copper-PGE Ta Khoa is located 160km west of Hanoi in Son La province, including a Modern nickel mine built to Australian standards.

The project is built according to an integrated model of upstream (Ta Khoa Nickel Mining Project) and downstream (Ta Khoa Deep Processing Plant Project), processing concentrates to produce precursor products for the industry. The lithium-ion battery industry is growing for the Asian market.

Ban Phuc Nickel mine was successfully operated using the underground mechanical method from 2013 to 2016, built by an Australian contractor according to international standards.

Another area of ​​cooperation between Australia and Vietnam is to improve the skills of local workers to meet the requirements of sustainable and responsible mining operations, including expertise in environmental management, community consultation and social responsibility to minimize the impact of operations.

Austrade also published a report on training capabilities with typical examples of equipping the workforce with expertise and skills to serve the needs of the green economic transformation taking place globally; covering the fields of renewable energy, sustainable mining, green hydrogen and bioenergy, transport, manufacturing and carbon management.

Ms. Rebecca Ball emphasized: “The Comprehensive Strategic Partnership between Australia and Vietnam will contribute to further promoting bilateral trade relations between the two countries, strengthening links to improve the price chain.” value, especially in the areas of resources and advanced industrial materials needed for green transformation goals.

We look forward to working closely with Vietnamese partners to further strengthen the long-term, sustainable bilateral relationship in the mining sector, towards the common interests of the two countries.”

Last March, at the 2024 ASEAN-Australia Special Summit, the Vietnamese Ministry of Industry and Trade and the Australian Ministry of Industry, Science and Natural Resources signed a memorandum of understanding on the establishment of a ministerial-level dialogue on energy and energy. minerals, will also create conditions to promote bilateral cooperation in the above fields.