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The minister produced the recommendation through an on line doing work session on April 5 with Tania Constable, Chief Executive Officer at Minerals Council of Australia, and leading coal and mineral exporters of Australia.
He also noted that the Governments of the two countries have agreed to set up dialogue mechanisms at ministerial stage on trade, energy and minerals.
Relating to coal, Minister Dien reported Vietnam needs to import from 18-25 million tonnes of coal for electric power and fertilizer creation in 2022. He requested Australian coal exporters, especially members of the Minerals Council of Australia to boost offer for Vietnam suitable in April.
According to Dien, Vietnam’s coal import requires account for less than 5% of Australia’s overall coal export. Hence, he considered that Australian exporters are capable of giving coal of ideal top quality for Vietnam’s energy technology.
The minister also asked the Minerals Council of Australia, the Australian Embassy in Vietnam and ministries of Australia to continue coordinating with his ministry to more effectively help endeavours to hook up and creating prolonged-term partnership of primary enterprises in coal and minerals of the two international locations.
The CEO of Minerals Council of Australia mentioned Australia is completely capable of supplying coal and minerals for Vietnam. She affirmed that the council will get the job done closely with the Vietnamese ministry to bolster cooperation in between their enterprises in coal provide and know-how transfer in coal and mineral mining.
At the session, the two sides also talked about in aspects the demand from customers and polices on coal and mineral export and import. Leading Australian exporters these as BHP, Glencore, Yancoal, Whitehaven Coal, Jellinbah Group engaged in talks with 4 top Vietnamese coal importers – Vinacomin, PetroVietnam, Electric power of Vietnam and Dong Bac Company – on opportunities of cooperation in the time in advance.
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