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April 2024 ALABC Newsletter |
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IN THIS ISSUE
- Letter from the CEO
- Industry News - A combination of news articles specifically curated for news relevant to the Latin American region.
- New Members - Get in contact with our new member companies to create new business opportunities.
- Past Events - View event photos, hear about the latest activities and initiatives
- Featured Members - Find out which companies are being featured this month
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ALABC CEO visiting member company Russell Mineral Equipment in Toowoomba - April 2024 |
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Letter from the Chief Executive Officer
Dear members, associates and friends of ALABC,
April has been a month of engagement and growth.
ALABC places great value in our relationship partners, and with that in mind we have been in touch with several key supporters and aligned associations, with a view to providing valuable opportunities and connections for our members. I would particularly like to acknowledge: Australia-Brazil Chamber of Commerce, Global Victoria, Mining Chamber of Ecuador, Pay Dirt, ProChile, Promperu, SOFOFA (Chile), Trade and Investment Queensland and the US Mexican Chamber of Commerce. Watch this space for future partnership events!
At the core of ALABC are our membership, and we appreciate the opportunity to meet and partner with our members. It was my great pleasure to travel to the regional city of Toowoomba in Queensland to spend time with long term ALABC member, Russell Mineral Equipment RME. With 20 years of working in LATAM under their belt, RME was recently recognised with two awards at Australia's 50 Most Innovative Manufacturers Ceremony. Congratulations! If you would like ALABC to visit your business or, you would like to sponsor an event showcasing your area of expertise, such as Kroll’s participation in our risk series, please get in touch.
May is shaping up to be another busy month with our participation at Global Victoria Women – Building Connections with Latin America Forum, our Boardroom Luncheon with Australian Ambassador Designate to Chile and Ecuador, H.E. Andrew Martin and our Annual General Meeting.
Welcome to our newest members. Please check out their business profiles below.
Don’t hesitate to contact the Secretariat or myself if you need assistance or would like to arrange a meeting time. Saludos
Kim Prior
Chief Executive Officer
ceo@alabc.com.au
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Announcement of Australia's next Ambassador to the Republic of Chile and Ecuador
Senator the Hon. Penny Wong, Minister for Foreign Affairs recently announced the appointment of Mr Andrew Martin as Australia's next Ambassador to the Republic of Chile and Ecuador. Mr Martin is a senior career officer with the Department of Foreign Affairs and Trade and was most recently Assistant Secretary, Indo-Pacific Economic and Supply Chains Branch. ALABC will hold an exclusive luncheon with the Ambassador-Designate on 13 May 2024 in Melbourne. Further details in Upcoming Events section of the newsletter below |
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Chile offers new opportunities to invest in Lithium - RFI process for investors
The Chilean Government, through the Ministry of Mining and InvestChile, has made available to investors the guidelines to participate in the new call for expressions of interest to develop projects in the lithium industry in Chile.
What are they looking for? Projects related to the exploration, exploitation and processing of lithium contained in salt flats or other types of deposits in Chile.
Who can participate? Companies or associations of companies (consortia, joint ventures).
The deadline for submitting Expression of Interest is 17 June 2024.
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LATAM Airlines to resume direct flights Sydney to Santiago
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ALABC Member LATAM Airlines is delighted to announce the reintroduction of direct flights from Sydney to Santiago four times per week, commencing on 28 October 2024. This milestone significantly enhances connectivity, offering travellers daily direct routes between Australia and Latin America. LATAM's commitment to reconnecting continents is evident in its expansion of services. In September 2023, LATAM Airlines restarted Melbourne - Santiago direct flights three times weekly. With the addition of the Sydney - Santiago, LATAM is now pleased to offer daily direct flights between Australia and Latin America from October.
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Exclusive flight discounts for ALABC members with LATAM Airlines
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ALABC is excited to announce a partnership with LATAM Airlines for ALABC members to enjoy exclusive travel discounts to and from Australia and South America! With LATAM Airlines recent announcement of the resumption of SYD - SCL flights, what better time than now to take advantage of these special deals. For details on discounts and how to access them, please view the flyer below. |
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Applications open for the 62nd Australian Export Awards!
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Senator the Hon Don Farrell, Minister for Trade and Tourism announced applications are open. Whether you're breaking into new markets, innovating within your industry, inspiring others to go global or taking the best of Australia to the world, there's an award category for you. The Australian Export Awards is an opportunity to showcase your business achievements and in doing so, build your brand and raise your profile in Australia and globally. Applications close 14 June 2024.
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Skies Wide Open - Latin Finance
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Despite the turbulence in the global economy, Latin America is entering 2024 in good shape. Inflation and interest rates are falling, economic growth has been steady, and investors are again looking on the region favourably. This follows a positive 2023 when the region largely outperformed market estimates. Helped by a bumper harvest in Brazil and strong infrastructure spending in Mexico, Latin America's economy largely exceeded market estimates.
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Explainer: Who's Who in Mexico's 2024 Presidential Race?
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Learn about Claudia Sheinbaum, Xóchitl Galvez, and Jorge Álvarez Máynez, the three rivals competing to succeed Andrés Manuel López Obrador. Mexico is poised to make history come June 2, when its voters will more than likely pick a woman to don the presidential sash for the first time. That's because two women; Claudia Sheinbaum and Xóchitl Gálvez are the top contenders for the race.
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RamaClara
RamaClara is a legal consulting firm recognised nationally and internationally, with over 10 years of experience providing guidance, consultancy, assessment, and designing successful actions for decision-making in environmental, occupational health and safety, ESG/ DEI, SDGs, climate change, circular economy, and energy efficient matters. This includes both extractive and productive industries as well as various service companies.
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Ignacio Dunner
With over 20 years of experience in the construction industry, I am a seasoned executive and civil engineer with a Master of Science and a Master of Business Administration. I have successfully led and managed large-scale infrastructure projects across mining, energy, and other sectors in Latin America, delivering high-quality results and exceeding client expectations.
As the Chief Commercial Officer at Sigdo Koppers ICSK, I am responsible for providing commercial guidelines and strategic direction for the company's operations and international expansion in the region. I seek and develop new business opportunities and partnerships, negotiate contracts and manage risks, and drive revenue and profit growth for the company. I am passionate about creating value for our stakeholders and contributing to the development and innovation of the construction industry.
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Moreton Systems
Internet of Things (IoT) consultancy
Project Management
Information and Technology
Satellite and Cellular Telemetry
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Weartek
Weartek® is an innovation company specialising in high-performance sustainable workwear for various industries including, mining, oil and gas, emergency services, government agencies, construction and civil. Our commitment to cutting-edge technology and top-quality materials sets us apart as the preferred choice for businesses seeking workwear that delivers exceptional performance and durability. Our global team of textile industry experts work to establish leadership for Weartek clients in safety, productivity, comfort and agility for workers in extreme or adverse environments.
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Stock Xchange
Stock Xchange provides premium services to national and international companies anywhere in the globe in some of the most challenging industries and regions.
Stock Xchange provides a “unique” asset - stock management service and product solutions that enhances business
liquidity.
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Bifox
Bifox Ltd is an Australian unlisted public company producing phosphate in the Atacama region of Chile.
Bifox is focussed on producing both Sedimentary and Igneous phosphate.
Sedimentary phosphate is utilised in producing fertiliser for Agribusiness applications.
Igneous phosphate is utilised in producing phosphoric acid as part of the LFP EV Battery supply chain.
Bifox Ltd is undertaking an ASX IPO in 2024.
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Raydel
Raydel Australia Pty Ltd is a leading GMP-licensed manufacturer of health foods and complementary medicines.
Founded in 1986, in Sydney, Australia, we strive to improve human health and well being through the research and development of innovative healthcare products. It supports its worldwide branches through various means.
We have two flagship products made with Cuban raw materials. Raydel Policosanol is renowned for its effectiveness in lowering cholesterol levels, while Raydel Abexol offers numerous benefits for gastric and joint health, serving as a potent antioxidant.
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Boardroom Luncheon with the Australian Ambassador-Designate to Chile and Ecuador, H.E. Andrew Martin
Date: 13 May 2024 Time: 12:00 - 2:00pm Location: Level 5, 600 Bourke Street, Melbourne VIC 3000 |
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Annual General Meeting 2024 |
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ALABC Annual General Meeting 2024
Date: 29 May 2024 Time: 5:30 - 6:30pm
Are you a member based in Sydney or Melbourne? Would you like to host the 2024 ALABC AGM? A great opportunity to meet with our Directors and members and attend one of the key dates on the ALABC calendar.
Registrations for the AGM will open on 8 May 2024. |
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Discover the World
Discover the World are the GSA for Aeromexico, Copa airlines and GOL and service the travel industry for the airlines, with both retail and corporate accounts that travel to Central and South America.
Recent company updates:
Starting Aug. 1, Aeroméxico will resume daily operations between Mexico City International Airport (MEX) and Seoul Incheon International Airport. On departure from MEX, the route will make a stopover at the Monterrey International Airport. Seoul is the airline's second destination in Asia, after having resumed direct operations to Tokyo in March 2023. Copa Airlines announces 3 new destinations to Tulum, Mexico, Florianopolis, Brazil, and Raleigh-Durham, USA. Maintaining its leadership in the region, Copa Airlines was recognized by the renowned company Cirium as the "Most Punctual Airline in Latin America in 2023," achieving an on-time arrival rate of 89.46% and an on-time departure rate of 91.71% for the year. This recognition, placing us among the top 3 most punctual airlines globally, has been awarded by Cirium on nine occasions. |
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30 April - Working Lunch on Regional Risk in Latin America
We had the pleasure of collaborating with one of our newest members, Kroll to host our first event in our series on risk - a working lunch on regional risks and mitigation strategies in Latin America.
With 110 points of armed conflict, 90 federal elections taking place worldwide this year and governments grappling to cope with climate challenges, it's salient to reflect on how we look at risk and act to mitigate it as a business community.
Foreign Direct Investment into Latin America and the Caribbean region sits at 224.579B in 2022, a figure comparable to the ASEAN countries at 224B - impressive! The region is also becoming a focal point of interest for energy, renewable energy, critical minerals and lithium, supporting the world's energy transition, as well as being an engine room for manufacturing and a jumping off point for nearshoring.
A special thank you to our speakers and specialists in risk advisory, Erin Tennant, Associate Managing Director and Sergio Revilla, Senior Vice President for their informative and relevant presentations on the topic of regional risk. |
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Please view the information below and consider joining the Australia-Latin America Business Council using the online form.
Benefits of Membership
- Generate new opportunities
- Make valuable connections
- Receive up to date market insights
- Gain access to experts
- Be supported in your business challenges
How to join: Please review our fees and benefits below and then submit your application here. |
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