1 / 9

Coal Market in India – 2014 Australia – helping to meet India’s demand for coal

Coal Market in India – 2014 Australia – helping to meet India’s demand for coal. Tanya Spisbah, First Secretary (Economic) Australian High Commission, New Delhi 22 August 2014. GDP figures/forecasts: Australia’s key trading economies. Australia has a vast endowment of energy resources.

tobias-fulton
Download Presentation

Coal Market in India – 2014 Australia – helping to meet India’s demand for coal

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Coal Market in India – 2014Australia – helping to meet India’s demand for coal Tanya Spisbah, First Secretary (Economic)Australian High Commission, New Delhi22 August 2014

  2. GDP figures/forecasts: Australia’s key trading economies

  3. Australia has a vast endowment of energy resources

  4. Australia’s Competitive Strengths • Vast mineral wealth and world class pre-competitive data • Efficient and Effective regulation – ‘one stop shop’ approval • Sustainable development practices • Leading industry practice including mine safety • Modern infrastructure, excellent transport links • Sound fiscal and financial regime, low inflation • Highly-skilled, outward-looking workforce • A vibrant Mining Equipment, Technology and Services (METS) sector • Stable government – conducive policy environment

  5. Mining Equipment, Technology and Services (METS) • World-leader in provision of METS, including: • planning, design, development and servicing of mining software and equipment • scientific analysis • exploration assessment technology • mineral processing technology • environmental services • health and safety services & equipment • Australian METS used throughout the world: • assists emerging markets to take advantage of resource endowments • helps improve the safety, efficiency and productivity of more established markets • Autonomous & remote operations: the next frontier • A potential area for collaboration with India

  6. Major Indian coal related investments in Australia • Adani Group’s $A16.5 billion Carmichael coal and rail project in Queensland • Adani’s $A1.9 billion Abbot Point Coal Terminal in Queensland • GVK Group/Hancock’s $A13 billion Alpha and Kevin’s Corner Coal Projects in Queensland • Lanco’s coal acquisition in Western Australia • Wollongong Coal (formerly Gujarat NRE Coking Coal) in New South Wales

  7. Australia-India Joint Working Group on Energy and Minerals (JWG) • Policy, trade and investment developments in both countries • Work programs: Power, Mining, New & Renewable Energy, Petroleum & Natural Gas, Coal • CSIRO / Indian Central Mine Planning and Design Institute signed MoU • Australia-India Ministerial Energy Security Dialogue introduced

  8. Conclusion • Australia has a comparative advantage in mining and minerals, in particular thermal and metallurgical coal • Australia has world class expertise in Mining Equipment, Technology and Services (METS) • Indian companies such as Adani and GVK are starting to take advantage of Australian coal mining opportunities • India has a huge need for energy and resources for its development – Australia is well placed to meet this need

  9. DEPARTMENT OF INDUSTRY Industry House 10 Binara Street Canberra City, ACT 2601, Australia Telephone +61 2 6213 6000 Thank You

More Related