MARKETS

Mining mission to China reaps success

QUEENSLAND Premier Peter Beattie congratulated Longwall Associates Australia on winning mining co...

Staff Reporter
Mining mission to China reaps success

"Longwall Associates Australia has had outstanding success in one of the toughest markets in the world," Beattie said.

"I'm advised that it can take years to bed down deals of this magnitude, but in this case Longwall Associates Australia clinched a $10 million co-operative agreement with the Huainan Coal Mining Group in record time.

"The deal for the supply of coal face conveyor equipment was a direct result of Longwall Associates Australia taking part in the Queensland Government mining trade mission.

"It also coincided with the company finalising a $7.8 million contract it had in the pipeline with Daning Mine, an Asian-American joint venture in Jincheng Shanxi province.

Beattie described this as good news for Mackay where the company employs 40 people in its manufacturing operations. Business worth millions of dollars could be in the pipeline over the next few years he added.

Beattie expressed the hope that a recently completed trade and investment mission to Chile was just as successful.

"The mission focussed on mining and we held detailed discussions with senior executives of mining companies and the acting Minister for Mines about Queensland's expertise,” Beattie said.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production