Itochu Australia Ltd, Sydney, NSW

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Australia is generally referred to as the lucky “country”. After my recent visit to Australia as the newly appointed Managing Director and CEO, I am a true believer. Such a vast and beautiful country with a highly skilled workforce and a multicultural society, I can see many opportunities on the horizon.

Despite the dramatic decline in the price of some natural resources over the past year, particularly iron ore and coal, and the suspension of some marginal related resource projects, we remain relatively upbeat and confident about the longer term prospects for the industry in Australia and therefore our strong desire to continue to pursue new resource projects in Australia and expand those existing projects as well.