TelestackVan AalstViganTMS Awards 2023Bühler GmbHCimbria
  • Van Aalst
  • Vigan
  • Geneva Dry
  • Sailors Society
  • Cimbria
  • Telestack

Critical minerals opportunities highlighted at Australia-Canada Forum

Critical minerals opportunities highlighted at Australia-Canada Forum

(Posted on 25/07/23)

Opportunities for Australia and Canada to accelerate the development of critical minerals, deepen trade ties and increase collaboration were some of the key themes at the Australia-Canada Economic Leadership Forum, held in Toronto, Canada.

The event brought together public and private sector leaders from Australia and Canada to discuss global challenges and opportunities facing the two countries, and to identify areas of improved collaboration in trade and investment, global security, foreign policy, economic growth, innovation and technology, energy, and education.

Rag Udd, BHP’s President Americas, attended the forum and participated in a panel discussion focused on how both countries can strengthen engagement in the Indo-Pacific region – the fastest growing economic region in the world and home to the majority of BHP’s customers.

He was joined on the panel by Business Council of Australia CEO Jennifer Westacott AO, Business Council of Canada CEO Goldy Hyder, and Mairead Lavery, President and CEO of Export Development Canada.

“On a global scale, Canada and Australia are relatively small economies. Nonetheless, we are superpowers when it comes to natural resources, absolute superpowers, and the world is going to need the resources and the expertise we have to advance decarbonization, to drive forward the energy transition and to be able to feed a growing world population,” Udd said.

“If we can collaborate more when it comes to simplification around regulation, predictable fiscal regimes, adoption of new technologies and how to make more efficient processes and systems, I think Canada and Australia can play a key role in supercharging the economies of the Indo Pacific by leveraging the joint expertise we have built up in the natural resources sector.”

Udd also stressed the importance of building deep and lasting relationships with partners across the Indo Pacific region as a key factor for success.

“For me, it's all about relationships, and those relationships take a long time to get established. To take one an example, I’m still dealing with the same individual at one Japanese trading house that I was 20 years ago. When you build deep and enduring relationships, trust is built and business flows.”

Latest News

SSAB invests $74 Million to expand steel production in Alabama

(Posted on 07/05/25)

Highly-specialised global steel company, SSAB has announced a significant investment of approximately... Read more


GGC welcomes new Canadian government and urges farm priorities action

(Posted on 01/05/25)

Grain Growers of Canada (GGC) has welcomed Prime Minister Mark Carney and all Members of Parliament... Read more


US Soybean growers disappointed in 2;4-D Anti-Dumping and Countervailing Duties vote

(Posted on 30/04/25)

The International Trade Commission in the USA has voted in favour of imposing final anti-dumping (AD... Read more


Ukraine already sown two million hectares of spring grains

(Posted on 28/04/25)

As of April 25, 2025, farmers in all regions of Ukraine have sown 2M hectares (ha) of spring grain and... Read more


Condobolin rail upgrade fast-tracks NSW grain

(Posted on 25/04/25)

GrainCorp’s rail site at Condobolin, in the heart of central west New South Wales, Australia,... Read more


Rio Tinto and AMG assess low-carbon aluminium project in India

(Posted on 22/04/25)

Rio Tinto and AMG Metals & Materials (AMG M&M), an energy transition solutions provider, have... Read more


BHP record iron ore and copper production demonstrates resilience

(Posted on 22/04/25)

BHP has released its Operational Review for the nine months ended 31 March 2025.BHP Chief Executive... Read more


WTO: Trump’s tariffs will shrink global trade

(Posted on 16/04/25)

The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions... Read more


$235million syndicated loan agreement to boost UAE trade with Trafigura

(Posted on 15/04/25)

In a strategic move to empower UAE exporters and advance the nation’s economic diversification... Read more


Anglo American update on sale of steelmaking coal business to Peabody

(Posted on 15/04/25)

Anglo American plc has noted the recent statement issued by Peabody Energy in relation to the definitive... Read more


Geneva DryPort of StocktonPort of South LouisianaSailors SocietyTBA Group
  • Port of South Louisiana
  • Bühler GmbH
  • TBA Group

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping