Vietnam and Cambodia Mining Market Briefing

Transcription

1 Vietnam and Cambodia Mining Market Briefing Hoa Nguyen Resources and Energy Team Leader Senior Business Development Manager Bill Howell BSc Geol (Hons), FAusIMM, FSEG Triple Plate Junction Sydney, 22 January 2015

2 Agenda Vietnam market overview Bilateral Trade and Investment Vietnam Mining Industry Cambodia market overview Working with Austrade

3 Vietnam market overview Population: 90 million expected to reach 100 million by % under 30 years old 32% in urban areas (40% by 2020) Rising middle class (23.8% population) Economy: GDP 2014: 5.98% (est) higher than 2013 of 5.42% (forecast to expand by 7-8% by 2020) (last qtr 6.96%) Export oriented: 70% of GDP Strategic geographic location (GMS, FTA, TPP, etc.) FDI 2014: US$20.23 billion - Japan ($5.6b) - Singapore ($4.2b) - Korea ($4.1b) ODA: US$6.5 billion Challenges

4 Bilateral Trade and Investment Trade: Two-way trade: $7.8 billion (2013) 16 th merchandise trade partner, 19 th Export market 20.2% y-o-y increase of 2-way goods trade 4.5% y-o-y increase of 2-way services trade Top Exports: wheat, live cattle, education Investment: Australian FDI into Vietnam: USD1,437 million Vietnamese FDI into Australia: USD1 million Source: DFAT, MPI

5 Vietnam Mineral Resources Vietnam has a wide variety of mineral deposits. Coal: Coal dominates mining activities around 200 coal mines with total reserves of almost 8 billion tons net coal exporter to a net importer Bauxite: substantial bauxite deposit - approximately 5.5 billion tons bauxite utilisation in Tay Nguyen is a major Government priority Other minerals: Titanium, iron ore, chromate, copper, plus significant reserves of tin, tungsten, gold, lead, zinc, uranium, antimony, rare earth, gems, limestone, clay and other industrial minerals and mineral sands Limited in depth exploration Vietnam could find more resources Source from MONRE,Vietnam, 2013

6 Mining Industry outlook New mining law effective 2012 Uncertainty on regulations and fees Technology and mineral processing requirement Vinacomin s role and SoE restructuring process (privatisation) Exploration activities and government management Infrastructure and logistics Foreign Mining businesses and Australian engagement Tungsten Open pit in Thai Nguyen

7 Copper Coal Iron Bauxite Titan 7 Vietnam s Mineral Resources Map- Provided by Vinacomin

8 Major mineral producers Major coal producers Vinacomin Sin Quyen Copper : (copper, gold) Masan Resources- Nui Phao mine: (Tungsten, Fluospar, Bismuth, Copper) Asian Mineral Resources- Ban Phuc (Nickel, copper) Besra- Quang Nam: (gold) Vinacomin Tan Rai Alumina- Highland area: (Alumina) Sai Gon Quy Nhon Minerals: (titan slag) Vietnam Coal and Minerals Industrial Group (Vinacomin): 41 Million tons of anthracite coal in 2013 Vietmindo- Quang Ninh: 3 Million tons of coal in 2013 Dong Bac Corporation - Quang Ninh: 3 Million tons of coal in Corporation- Quang Ninh: Nui Phao Tungsten mine

9 Vietnam Coal and Minerals Industries Group - Vinacomin

10 Vietnam Coal and Minerals Industries Group Vinacomin Turnover (2013): USD4.85Bil Total Employees (2013): 138,000 Coal Production (2013): 42 Mil tons Coal sales (2013): 39 Mil tons of clean coal + Domestic Consumption: 7.5 Mil tons + Export: 11.5 Mil tons

11 VINACOMIN S ANTHRACITE COAL PRODUCTION Open cast mining 24 mines Underground mining 30 mines

12 Vietnam Coal and Minerals Industries Group Vinacomin

13 Other Projects under Development Thach Khe Iron Ore (Vinacomin) Location: Ha Tinh province Planned Production capacity 4-5mil MT/Y Co Dinh Chromate project (Vinacomin AML) Sinh Quyen Expansion project (2 nd plant) Ta Phoi Copper project (Vinacomin - major shareholder) Location: Lao Cai province Latest updates: Vinacomin is major shareholder, prepare construction Cao Bang Manganese project (Danka Minerals) Location: Cao Bang province Underground mine Latest update: Looking for the Chemical Manganese Dioxide (CMD) technology Binh Phuoc Bauxite (An Vien group)

14 Cambodia Mining Industry outlook Rich in metallic mineral, gold, bauxite, titanium and copper. Resources industry is significantly underdeveloped and at exploration stage In 2013, 17 out of 139 exploration projects showed positive. 13 of 91 companies licensed to conduct 13 mining projects = gold (4), iron (1) coal (1), limestone (5), and phosphate (1). Stable, democratic government 7% GDP growth for past 3 years Favorable mining policies Accessible & Mineable Topography CAMEC presenting Mining exploration interest

15 Mineral Resource Map of Cambodia

16 Key projects Angkor Gold and Mesco Gold Cambodia start underground mine. Renaissance Minerals Ltd continues to explore extensions to it's 1.2 million ounce Okvau gold project whilst working on resource studies and pre feasibility studies. Geopacific remains positive with an ongoing flow of bonanza results which have been obtained for gold, copper and silver at its Kou Sa Project.

17 Working with Austrade - Mining Trade Missions >Mining Mission to Vietnam and Cambodia Mar Technical Seminar and Roundtable to promote Australian METS capability - Tailor services: market research, partner searches, visit program, meeting set up, provide referrals - Identify market opportunities, provide market insights and matching services

18 Questions? Thank you! Contact: Austrade Vietnam Tel: Fax: Australian Embassy, Hanoi Address: 8 Dao Tan, Ba Dinh district, Hanoi, Vietnam