Thirteen international Mining Ministers will be among 2,500 delegates from more than 30 countries attending the International Mining and Resources Conference (IMARC) in Melbourne today.
Minister for Energy and Resources Lily D’Ambrosio opened the three-day event at the Melbourne Convention and Exhibition Centre, welcoming Ministers from Iran, Chile, Ecuador, Afghanistan, Cambodia, Czech Republic, Ethiopia, Kenya, Mexico, PNG, Solomon Islands, Ukraine and Uruguay.
As the downturn in mining exploration and construction continues, Victoria is set to benefit from the biggest mining production boom in Australia’s history.
Victoria is the biggest exporter of mining equipment, technology and services (METS) in Australia – a sector worth $17 billion to the state’s economy in 2012.
There are around 1900 hundred METS businesses across Victoria, including Melbourne, Ballarat, Bendigo, Geelong and the Latrobe Valley. The sector employs 21,000 Victorians in a range of businesses including investment advice and financing, research and design, legal services, consulting, information and communications technology, engineering and construction.
Melbourne is also the financial and decision making hub for Australian mining, with more than 100 mining and resources companies headquartered in Melbourne’s CBD , including Australia’s biggest mining companies such as BHP Billiton, Rio Tinto, Newcrest and Orica.
Victoria’s technical know-how in the resources equipment, technology and services sector is exported to resources projects around the globe.
IMARC helps Victorian mining, technology and professional services companies to forge international connections and introduces Victorian companies to global projects and supply chains.
Quotes attributable to Minister for Energy and Resources, Lily D’Ambrosio
“The Andrews Labor Government is committed to supporting a strong and sustainable mining industry that attracts more investment and creates jobs in Victoria.”
“Victorian companies in the resources equipment, technology and services sector are world leading and internationally competitive. IMARC exposes these local companies to a global audience.”
“With the downturn in mining exploration and construction, Australia is entering the biggest mining production boom in history with Victoria set to benefit as the country’s biggest exporter of mining equipment, technology and services.”