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BHP Grows Presence at 2nd China International Import Expo

Mining News - Published on Wed, 06 Nov 2019

Image Source: bhp.com
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 this week. The agreements, signed with a range of leading Chinese customers, cover product sales and purchases, increasing cooperative partnerships and opportunities for sharing market views.

Chief Commercial Officer, Vandita Pant, attended the opening ceremony in Shanghai together with Australian Trade Minister, Simon Birmingham. She said “The Expo has become an important event to collaborate with Chinese customers to find new opportunities to create value together. 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. 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. 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.”

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.

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Posted By : Rabi Wangkhem on Wed, 06 Nov 2019
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