Australia’s HunterNet strikes a rich seam in China
15 Sep 2014
HunterNet, an Australian mining and infrastructure industry association, has signed Memoranda of Understanding (MOUs) with the China National Coal Association (CNCA) and the China Circular Economy Association (CCEA).
HunterNet is an association of over 200 companies from the mining, resources, infrastructure and related research sectors in the Hunter Valley region. The group is a recent recipient of an Asian Business Engagement (ABE) Scheme grant, which is administered by the Australian Trade and Investment Commission (Austrade) and is designed to assist associations like HunterNet harness commercial opportunities in Asia.
The MOUs are a result of a number of business missions and it is hoped the first of a series of commercial breakthroughs for the group which is actively targeting China – home of the world’s largest mining sector and the number one coal producer.
The association first made contact with CNCA in April 2014 during Australia Week in China, Australia's largest ever trade mission to the region. The two parties subsequently signed an MOU during CNCA’s recent visit to Australia.
This was closely followed by an Austrade-assisted delegation of seven HunterNet members to Beijing and Shandong led by HunterNet’s ABE Project Director Karl Putnis.
The MOU with the CCEA, which represents China’s recycling industry, will help HunterNet access the opportunities stemming from the China mining industry’s move towards developing a more sustainable and safe industry.
Following the mission, Mr Putnis commended Austrade and expressed satisfaction with the mission.
‘We really appreciate your support during our mission to China and the efforts you have made to maximise the benefits for us,’ Mr Putnis said.
‘There have been some very solid business opportunities as an outcome of this mission and from our participation at the Mt. Tai exhibition. A number of follow-up actions are underway to convert these opportunities into real business and the delegation is working hard to convert these opportunities,’ he said.
More information on the next round of ABE grants can be found on the Austrade website. Companies can also register their interest in upcoming missions.