BHP grows China presence
(Posted on 11/11/19)
BHP has signed more than a dozen new agreements with Chinese iron ore, met coal and copper customers related to sales of its products at the China International Import Expo.
Chief Commercial Officer, Vandita Pant, attended together with Australian Trade Minister, Simon Birmingham.
‘The Expo has become an important event to collaborate with Chinese customers to find new opportunities to create value together,’ Ms Pant said.
‘The new Memorandums of Understanding we’ve signed at the Expo further strengthen our long-term strategic partnerships with Chinese customers and are a demonstration of the continued interest in our products,’ Ms Pant said.
The agreements, signed with a range of leading Chinese customers, c
At the Expo last year, BHP signed MOUs for the potential Jansen potash offtake with Sinochem and CNAMPGC, the largest importers of potash into China.
‘We’re pleased to be here to support increased trade opportunities between China and BHP. We believe free trade is one of the most important drivers of global economic growth and development,’ Ms Pant said.
‘Through our strong and longstanding relationships with Chinese steel mills, energy companies and copper smelters, we are able to supply the raw materials China needs to continue its amazing development.
‘China is our largest customer market. More than half of our products are sold here.’
As a member of the Hongqiao International Economic Forum, part of the Expo’s opening day, BHP also launched a new brand campaign to increase awareness of the Company’s commercial and social contribution in China with customers, suppliers and the broader industry.
Organised and supported by China’s Ministry of Commerce, the China International Import Expo is the world's first import-themed national-level expo.
Latest News
Rio Tinto completes acquisition of Sumitomo stake in NZAS
(Posted on 04/11/24)Rio Tinto’s previously announced acquisition of Sumitomo Chemical Company’s (SCC’s... Read more
Vale and Jinnan announce investment in Oman iron ore concentration plant
(Posted on 31/10/24)Vale and Jinnan Iron & Steel Group, a renowned Chinese steelmaker, have announced a joint partnership... Read more
Canadian tariffs on Chinese steel and aluminium products enter into force
(Posted on 26/10/24)Tariffs on Chinese steel and aluminium products have entered into force following rigorous examination... Read more
Increased copper and iron ore production for BHP
(Posted on 19/10/24)BHP have released their operational review for the quarter ended 30 September 2024.BHP Chief Executive... Read more
Safety a priority as Rio Tinto releases Q3 production results
(Posted on 18/10/24)Rio Tinto is continuing to prioritise learning from safety incidents to improve the effectiveness of... Read more
IFA and Proba launch global programme for GHG emissions reduction
(Posted on 14/10/24)The International Fertilizer Association (IFA) is partnering with supply chain decarbonization startup... Read more
Export Exchange 2024 wraps up as trade teams head across the USA
(Posted on 14/10/24)Export Exchange 2024, sponsored by the U.S. Grains Council (USGC), Growth Energy and the Renewable Fuels... Read more
MPA welcomes UK Government’s commitment to fund CCUS
(Posted on 08/10/24)The Mineral Products Association (MPA) has welcomed the Government’s pledge to fund the launch... Read more
Glencore’s Stephen Rowland elected Chair of ICA’s Board
(Posted on 08/10/24)The Board of Directors of the International Copper Association (ICA) has elected Stephen Rowland, Glencore... Read more
NGFA highlights ‘trifecta of transportation trouble’ for US agriculture
(Posted on 01/10/24)Potential disruptions to the nation’s shipping infrastructure could have a devastating effect... Read more