SABMIState Administration of Building Materials Industry (Beijing, China)
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At the first meeting attended by SABMI and Austrade representatives, the SABMI directors said if the dredge supplier could arrange for AIDAB grant monies, the would purchase a dredge of the type they had inspected.
The following day the SABMI group returned and explained that their maximum budget was between $4.5M and $4.9M.
The first involved three days of meetings in Haikou on Hainan Island with SABMI, CSTIC, CMIEC, and the Hainan Provincial Metallurgical & Non-Ferrous Metals Industry Corp., and site inspection of the Wen Chang mineral-sands area.