Australia cooperates with Vietnam to develop a more sustainable resource industry

A delegation of Australian mineral equipment and technology services (METS) businesses attended the Mining Vietnam 2024 mining exhibition, with the support of the Australian Government Trade and Investment Agency (Austrade), to promote sustainable mining cooperation between Australia and Vietnam.

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.

Speaking at the Australia-Vietnam Green Economy Summit in 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, through upskilling the workforce, implementing ESG measures and adopting Australian METS solutions; thereby reducing carbon emissions from mining activities, improving water resource management and exploring 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 approaches and cutting-edge technology to mining operations worldwide. 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 aerial technology (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); technology for processing minerals 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.”

Delegates of the Australian and Vietnamese delegations participated in dialogue activities within the framework of the program (Photo: PV)

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.