As many governments throughout Asia encourage local production of essential minerals and metals, Australian explorers have been quick to take positions in the region.
High commodity prices, improved working conditions, and better government relations, are attracting Australian mining companies back to Asia with a number of success stories helping repair past damage.
Nickel Industries (ASX: NIC) is the star of the show, teaming up with one of China’s biggest steel makers to produce nickel for its stainless steel operations in Indonesia.
By investing in a series of furnaces at the Morowali industrial park on the island of Sulawesi the once small Sydney-based company has grown into a $3.2 billion business and a place in the Australian Stock Exchange’s top 150
Emerald Resources (ASX: EMR) is the Australian doing best so far in the Asian gold sector rising by 340% over the past…
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