Summit to build stronger resource investment links with China

17/04/2013

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Explorers, miners and manufacturers have an opportunity to partner with Chinese investors at a prestigious forum co-hosted by the South Australian and Northern Territory Governments.

The Australia China Minerals Investment Summit held in Darwin from 21 to 23 May, is designed to foster engagement, trade and investment to support development of Australia's resource and allied manufacturing industries.

Minister for Mineral Resources and Energy Tom Koutsantonis said the forum is a great opportunity for South Australian-based resource companies to find investment partners for their project.

"Local companies keen to build links with the Asian region are strongly encouraged to take part in this summit," Mr Koutsantonis said.

"Investors from China are looking for resources investment opportunities in Australia at all stages of development, from early exploration through to operational mines.

"China is South Australia's largest two-way trade partner, and our exports include a range of mineral resources, bulk agricultural commodities and wine - among other things.

"The Australia-China Minerals Investment Summit provides an opportunity to showcase projects to prequalified investors from both state-owned enterprises and the private sector."

The forum includes unique "speed dating" sessions to introduce companies to potential investors and business partners to maximise the chance of making a business match.

Mr Koutsantonis said the State Government's involvement is one of many initiatives delivered as part of the 'South Australia - China Engagement Strategy' launched in December 2012.

"After three decades of reform, China has developed into a major economic powerhouse," Mr Koutsantonis said.

"The prosperity generated by that economic transformation is fundamentally changing China and its engagement with the world.

"We want to be recognised more widely in China as a world-class partner in the mines and energy sector. "To achieve this, we are aligning our resources to better identify high-value opportunities and encourage investment in our mineral resources projects."

Exhibitors and sponsors can find more information about the summit at www.nt.gov.au/d/acmis