Chinese Investors Head to Darwin for Australia China Minerals Investment Summit

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Minister for Infrastructure Peter Styles will today speak at the Australia China Minerals Investment Summit.

The first Australia China Minerals Investment Summit (ACMIS) is currently underway in Darwin over three days to assist attract business and mining opportunities to the Territory.

Minister for Infrastructure Peter Styles will today speak at the Australia China Minerals Investment Summit.
Minister for Infrastructure Peter Styles will today speak at the Australia China Minerals Investment Summit.

Chief Minister Adam Giles yesterday attended the official opening of the ACMIS aimed at attracting a much larger audience of Chinese investors.

Mr Giles believes ACMIS 2013 is shaping up to be a prestigious and unique event.

“The summit underpins the Territory’s plan to build the economy which has a strong focus on realising our mineral potential. The Northern Territory has strong trade and economic links with China and is well placed to take advantage of the opportunities for commodities export. The purpose of the summit is to facilitate further business deals in the mining sector,” Mr Giles said.

Foreign investment plays a pivotal  role in the Territory’s economic development and Mr Giles believes investment provides capital to fund business expansion, while trade fosters economic prospering, creates jobs and raises the standard of living for all Territorians.

“We are pleased that Mr Yu Yi, Vice-Chairman of the China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters will be attending, as well as Mr Hu Shanjun, Chairman of the China Chamber of Commerce of Australia.”

The summit will see a variety of guest speakers discuss topics ranging from investment opportunities to working with traditional owners.

The Australia China Minerals Investment Summit  has attracted a strong number of exploration companies from both the Territory and South Australia, with projects including commodities such as gold, silver, copper, diamonds and rare earths.

The summit will be held from 21-23 May at Darwin Convention Centre and is joint initiative of the Northern Territory and South Australian Governments.