TIQ has been working with Queensland’s mining equipment technology and services (METS) companies to explore emerging opportunities in the Russian market.
Staff in TIQ’s Brisbane office recently organised a METS roundtable with the Ambassador of the Russian Federation and will co-lead a METS mission to Russia later this year.
TIQ’s Director of Mining and Resources Anthony Christensen said Russia was definitely an opportunity worth exploring for Queensland companies, who have a global reputation for METS expertise.
‘Russia is one of the world’s oldest and largest mining industries, and a market that companies in Queensland’s METS sector should consider,’ Mr Christensen said.
‘There are some logistical issues to overcome, but Queensland METS companies are finding business in this market.’
Mr Christensen said some of Queensland’s top METS firms that have a direct relationship with Russian miners have already set up offices in Russia.
Queensland companies received expert information on Russia’s METS opportunities on 28 June, when His Excellency Dr Alexey Pavlovsky, Ambassador of the Russian Federation, attended a roundtable at TIQ.
TIQ’s Mining and Resources team led the discussions involving the Ambassador and representatives from Austmine, Austrade and 15 Queensland METS companies.
The Ambassador provided insights into how to do business and achieve business outcomes in Russia.
Representatives from Queensland’s DRA Global, GroundProbe, Russell Mineral Equipment, Blast Movement Tehnologies, Transcale and RPM Global then gave presentations promoting their respective companies to the Ambassador, and shared their success stories and challenges.
The mission aims to build relationships and generate demand for Australian/Queensland METS capabilities in the Russian and Kazakh mining sectors.
The mission program will include pre-arranged business meetings between Queensland METS and mining companies in:
- Russia – Polyus Gold, Arlan, Susuman Gold, Kinross, Polymetal
- Kazakhstan – Kaz Minerals, Kazzinc, Eurasian Resources Group, RG Gold, TauKen Samruk.
Mission delegates will also have the opportunity to participate in the Mining and Metals Central Asia exhibition in Kazakhstan, and visit operational sites.
METS companies who would like to be involved should email Andrei.Golitsynski@tiq.qld.gov.au to request an application form.
METS is identified as one of Queensland’s priority export industries in the Queensland Trade and Investment Strategy 2017–2022.