Trade mission in a box: SAMSSA is off to China.
Author | Larmour, Adelle |
Position | NEWS - Sudbury Area Mining Supply and Services Association - China Mining 2005 Trade Show |
It is time for Sudbury area mining supply and service companies to do business beyond their own backyard, and China is the place to do it.
Kirk Petroski, president of ere services, a Sudbury consulting firm, says exploring global opportunities in the mining industry is the thrust behind the Sudbury Area Mining Supply and Services Association's (SAMSSA) trade mission to China. Acting in partnership with ere services, the trade mission to Beijing, Shangxi Province and Jilin Province, is being planned for November 2005.
"There are tremendous opportunities throughout Asia," says Petroski. "Our focus is on the Chinese market."
The spark behind this initiative is to create new opportunities, and fuel growth and sustainability for SAMSSA members, which are mostly private sector mining supply and service companies, according to Petroski.
As a world leader in mining innovation and related products and services, SAMSSA members can offer significant expertise to the Chinese mining scene. Petroski says there is potential for mentoring and training, as well as direct investment. The intention of this trade mission is to export Northern mining companies' capabilities, whether it is tangible, in terms of products, training or other non-tangibles, says Petroski.
Presently, most of the companies have kept their business local. But by moving "outside their own backyard" and expanding globally, they can benefit from increased sustainability and reduced reliance on a maturing American market.
"Although it's not easy to go global, particularly into the Asian market, they're going to have to start making these efforts if they wish to see their companies grow," Petroski says. "They have to look at it from within."
At a time when Asia is trying to attract a lot of foreign investment, export-...
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