Coal & Metals Investment Seminar with NSW state government
JOGMEC（Head office: Minato-ku Tokyo, Chairman and CEO- Tetsuhiro Hosono） held a “JOGMEC Coal & Metals Investment Seminar” with NSW state government with the subject “Opportunities in the NSW coal and metals mining sector” on 11 December 2019.
Japan and NSW have a long history of strong trading relationship in natural resources such as coal, copper, aluminum, etc. As Japanese electric power companies have been procuring high quality thermal coal from Hunter valley in NSW for a long time, NSW is a strategically significant state for energy security for Japan.
Based on that, JOGMEC and NSW government have implemented Memorandum of Understanding (MOU) for the comprehensive and strategic partnership in September 2017, to encourage new investment from Japan to NSW. According to MOU, two parties had a “JOGMEC Coal & Metals Investment Seminar” with the subject “Opportunities in the NSW coal and metals mining sector”.
While JOGMEC and NSW government have had a lot of discussions regarding specific natural resource deals since signing on MOU, JOGMEC has been able to create good opportunities for NSW government to directly convey their messages to Japanese companies for the first time.
In the seminar, Mr. Michael Wright and Mr. Ian Smith, NSW Department of Planning, Industry and Environment provided an update on recent developments in the NSW mining sector, including the NSW Minerals Strategy, new precompetitive geoscience data acquisition, potential opportunities for coal & minerals and the planning system. They showed that the NSW government is open to developing opportunities in mining, and NSW is a destination of choice for mining investment.
At the beginning of the seminar, video messages from Mr. John Barilaro, Deputy Premier and Minister for Regional New South Wales, Industry and Trade was introduced for participants.
The seminar was attended by a large number of representatives from trading houses, resources and energy companies, utility companies and steel producers.
Several questions from participants have been focused on recent judgments by Independent Planning Commission on coal projects and comprehensive relevant discussions are held between Japanese companies and NSW government.
Presentation slides of the seminar
Information about the JOGMEC Coal Development Department
Mr. Michael Wright
Mr. Ian Smith
The inquiry about this page.
Coal Development Division, Coal Development Department
Public Relations Division