November 2021 ALABC E-Newsletter
Dear Members and Friends,
Welcome to our November 2021 Newsletter.
IN THIS ISSUE:
Read the full newsletter here >>
Welcome to our October 2021 Newsletter.
Please do not hesitate to contact me should you have collaboration opportunities. I look forward to hearing from you.
Chief Executive Officer
Australia-Latin America Business Council
September 2021 ALABC E-Newsletter
Chief Executive Officer
Welcome to our September 2021 Newsletter.
We are pleased to announce that we have launched a new feature on the ALABC website. You can now WhatsApp us directly to get in contact with ALABC. Please click on the green WhatsApp button on the homepage of the ALABC website and scan the QR code in your WhatsApp smart phone app to begin the chat.
It is my pleasure to announce that we have finished the pre-selection process of the companies that submitted applications to the first round of the ALABC soft-landing program. We received a total of 29 applications and pre-selected 4 representing the METS, FinTech and AgTech industries.
Newsletter September 2021: IN THIS ISSUE
Read full newsletter here >>
Energy and Mining in the Amazon
The Amazon rainforest, one of the world’s most important ecosystems, faces environmental impacts from hydroelectric dams, oil and gas drilling sites, and mining projects. A new database and analysis by the Inter-American Dialogue reveals that state-owned enterprises, as well as small and mid-sized international companies from a handful of countries, operate the largest share of such projects in the Amazon region, meaning these companies have a substantial influence over the implementation of environmental and social safeguards.
Read the full report here >>
State of Charge: Energy Storage in Latin America and the Caribbean
Energy storage is a class of technologies that is diverse, complex, and rapidly evolving. Policymakers in Latin America and the Caribbean (LAC) will need to acquire a strong grasp of the technical characteristics and benefits of these technologies, the services they can provide, and the most relevant regional and power market applications for each technology, according to a new report authored by experts from the Inter-American Dialogue and the Inter-American Development Bank.
Read full report here >>
Hydrogen in Latin America
From near-term opportunities to large-scale deployment
The momentum for low-carbon hydrogen is growing in Latin America, with many countries currently developing long-term hydrogen strategies and a project pipeline of more than 25 projects, including several gigawatt-scale projects to export it beyond the region. In this report we analyse both the region’s potential to play a major role in the future low-carbon hydrogen landscape, and the role that low-carbon hydrogen could play in Latin America’s own clean energy transitions. Low-carbon hydrogen deployment depends on many technologies that are still under development, and considerable cost reductions will be needed to enable it to reduce global emissions in applications that may not be suitable for director electrification. The next decade will be crucial for the long-term promise of lowcarbon hydrogen in Latin America, and much can be done today to develop and demonstrate emerging technologies and prepare the ground for their future scaling up. We conclude the report with a series of six recommendations for policy makers in Latin America to harness the potential of low-carbon hydrogen in the region.
Ecuador Mining and Energy - Panel Debate
Industry leaders from Ecuador's mining and energy sector, discuss its world-class investment opportunities...
Watch the video here >>
A recent study by researchers from the University of Western Australia (UWA) and the University of Queensland (UQ) found that Australian junior mining firms play a crucial role in the identification and development of critical resources in Latin America.
Nunez-Picado, A; Martinus K; Sigler, T. (2021) Globalisation strategies and roles among Australian junior mining firms in Latin America. Geographical Research. https://onlinelibrary.wiley.com/doi/10.1111/1745-5871.12505
AUSTRALIA-LATIN AMERICA BUSINESS COUNCIL
Zimi Meka, CEO and Managing Director of Ausenco to Chair the Australia – Peru Business Council (APBC)
Zimi Meka, CEO and Managing Director of Ausenco to Chair the Australian Chapter of the Australia-Peru Business Council from Sept 2021.
Zimi Meka is one of the founding directors of Ausenco Pty Ltd and was appointed as Chief Executive Officer and Managing Director in 1999.
Zimi’s background includes senior roles in engineering and operations companies prior to the formation of Ausenco in 1991. He has over 38 years’ experience in the development and operation of a wide range of processing plants and infrastructure in the minerals industry in Australia and internationally.
He is the Queensland University of Technology’s 2008 Alumnus of the Year, was awarded the Australian Institute of Mining and Metallurgy’s 2009 Institute Medal and is one of Australia’s top 100 most influential engineers as awarded by Engineers Australia. In 2013 Engineers Australia also named him Queensland Professional Engineer of the Year.
He is a Fellow of Engineers Australia, a Fellow of the Australian Institute of Mining and Metallurgy, and a Member of the Australian Institute of Company Directors. In 2019 Zimi was inducted into the Engineers Australia Hall of Fame.
The Australia-Peru Business Council (APBC) was established in August 2021, by the Australia-Latin America Business Council (ALABC) and the Peruvian Exporters Association (ADEX). The APBC is a high-level panel of senior business leaders with a remit to foster closer economic, trade and investment ties between Australia and Peru.
In his remarks, Mr. Zimi Meka highlighted that the establishment of the APBC marks a new milestone in the consolidation of the business relations between Australia and Peru and that the main objective is to provide a regular forum for the private sector of both countries, to discuss more systematic bilateral business promotional initiatives that lead to increase trade in goods and services and investment between the Peru and Australia. He added that “the current trade and investment figures demonstrate that the existing potential remains largely untapped. An essential role for the Australia-Peru Business Council it is to encourage investor and business confidence and strengthen relations to establish the bases for stable growth that is beneficial for both countries”
Meka mentioned “Latin America has been growing in economic importance for Australia in recent years. Peru signed a free trade agreement with Australia in 2019 and Australian companies hold significant investments in that nation. This basis for exchange has only been bolstered through both countries’ membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership – an accord that also includes Chile and Mexico. Australia and Peru also shared common goals in APEC. Peru is also a member of the Pacific Alliance, a growing market for Australian goods and services.
The President of ALABC, Richard Andrews mentioned that this is the fourth binational business advisory group created by ALABC, following Chile, Central America and Mexico. The bilateral business councils are unique instances of private sector cooperation, coordination and consultation whose objective is to increase business between two countries. They are made up of senior business leaders and executives of companies that have significant investments or trade flows with the countries that act as counterparts.
Australian companies with presence in Peru are: Ausenco, MMG, ORICA, IFM Investors and Mining Plus, to name a few.
August 2021 ALABC E-Newsletter
Welcome to our August 2021 Newsletter.
At ALABC we are committed to regularly engaging with our members and stakeholders. We strongly believe their views make us a better and we welcome their feedback.
Within the range of strategy and governance topics that we discuss in our conferences/webinars, we give great importance to environment, social and governance matters (ESG) in Latin America.
Recent research shows that attracting new investments in key sustainability sectors could help to strengthen the pace of Latin America’s economic recovery from the coronavirus pandemic. ALABC plays an important role in contributing to the discussion in addressing global challenges such as climate change, the need for infrastructure development, and social, and economic equality.
In this issue, we are pleased to include two video recordings of experts discussing the state of ESG in Latin America, and ways in which the region can take better advantage of the trend and how this represents an opportunity for Australian businesses and investors.
On the 26th August 2021, ALABC celebrated our Perth Annual Dinner at the Pan Pacific Hotel, featuring an impressive line-up of panel speakers for a discussion on the challenges and collaboration opportunities that Lithium and Electromobility offers between Australia and Latin America. We would like to offer our greatest appreciation to the Hon. Bill Johnston MLA, Minister for Mines and Petroleum, Energy and Corrective Services for providing the keynote address for the event. We would also like to congratulate Edgar Basto, President Minerals Australia BHP, for accepting the award recognising Edgar's achievements as an outstanding Latin American business leader.
If you were unable to travel to Perth due to border closures, and you missed the live stream of the panel discussion and key note address, you can catch up by watching the live stream recording in the link below.
Please also feel free to share the event photos from the night via social media to your colleagues and friends.
Finally, it is my pleasure to announce that we have finished the pre-selection process of the companies that submitted applications to the first round of the ALABC soft-landing program. We received a total of 29 applications and pre-selected 6 representing the METS, FinTech and AgTech industries. Now we are in the final stages of the selection process and the official announcement will be made on the 16th of September.
The ALABC Annual Report for 2021 is also available to read and download.
Newsletter August 2021: IN THIS ISSUE
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