Sailors SocietyViganBühler GmbHTMS Webinar Series COVID-19: A Leadership Perspective - ‘Sustaining Maritime Infrastructure Development'TBA GroupCleveland Cascades Ltd
  • TMS Webinar Series COVID-19: A Leadership Perspective - ‘Sustaining Maritime Infrastructure Development'
  • TBA Group
  • China Coaltrans 2020
  • Vigan
  • Port of Vancouver USA
  • TOC Events

Rio’s Chinese joint venture

(Posted on 15/06/18)

Rio Tinto and Minmetals have formalised a Joint Venture Contract to establish a 50:50 joint venture to explore for world-class mineral deposits in China. It follows a Technical Collaboration Contract signed in November 2017 when both parties committed to a collaborative partnership in mineral exploration. The joint venture is subject to regulatory approvals.

Rio Tinto chief executive J-S Jacques said: “The formalisation of the exploration joint venture is an important milestone in our growing partnership with China and Minmetals, who is an increasingly important player in the global mining industry. Our complementary strengths in exploration put us in the best possible position to find metals and minerals essential to human progress.”

China Minmetals Corporation president Guo Wenqing said: “The collaboration is very significant to Minmetals. Rio Tinto has rich prospecting experience and great discoveries worldwide, while Minmetals has solid technical expertise and extensive experience – the two strong partners will drive breakthroughs, pioneer progress, and promote the exchanges and collaboration of the global resource industry.”

The immediate priority for the joint venture will be mineral targets in China that are identified under the Technical Collaboration Agreement. The future collaboration of the parties will expand to exploration of global resources.

Latest News

Rio Tinto rings the changes

(Posted on 14/09/20)

Following the publication of the Board Review of Cultural Heritage Management (the Board Review), undertaken... Read more


Upfield and GrainCorp announce partnership

(Posted on 07/09/20)

Upfield, a global leader in plant-based nutrition, has entered into a long-term partnership withGrainCorp... Read more


NGFA launches second Harvest Safety Week

(Posted on 28/08/20)

The National Grain and Feed Association (NGFA) in the USA is launching its second-annual Harvest Safety... Read more


Economists expect US soy export growth

(Posted on 28/08/20)

One might question how COVID-19 and U.S. Soy exports are related. For many, this might be a far stretch... Read more


IBJ Webinar to launch on 16 September

(Posted on 26/08/20)

Launched in 1981, IBJ has an established track record of keeping the global bulk cargo handling and... Read more


WTO issues trade costs increase warning

(Posted on 17/08/20)

The World Trade Organization’s (WTO) Secretariat has published a new informational note warning... Read more


Fertilizer industry “deeply touched” by Beirut explosion

(Posted on 10/08/20)

Last week’s explosions at the port of Beirut have deeply touched the world’s fertilizer... Read more


Rio Tinto publishes Juukan Gorge submission

(Posted on 10/08/20)

Rio Tinto has reiterated its determination to ensure that the destruction of heritage sites of exceptional... Read more


US waterways bill commended

(Posted on 31/07/20)

The National Grain and Feed Association (NGFA) has commended the US Congress for passing by a unanimous... Read more


Rusal completes smelter transition

(Posted on 31/07/20)

RUSAL, a leading global aluminium producer, has announced that its Krasnoyarsk Aluminium Smelter (KrAZ... Read more


CimbriaTelestackPort of StocktonTOC EventsThe Wolfson Centre for Bulk Solids Handling Technology TMS Awards 2020
  • Cleveland Cascades Ltd
  • Bühler GmbH
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Port of Stockton
  • Sailors Society

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping