Australian local time 11 Moon 10 At noon, Guo Wenqing, General Manager of China Minmetals Corporation and Deputy Secretary of the Party Group, as well as Chairman and Party Secretary of MCC Group, was invited to meet with Andrew Mackenzie, CEO of BHP Billiton. (Andrew Mackenzie) His team held talks with the other side. Both sides engaged in an in-depth exchange on topics including trends in the resource industries of China and Australia, as well as the current state and directions for cooperation between the two countries.

　　Guo Wenqing first expressed his gratitude for Ma Ande’s invitation and then provided an overview of the development of China Minmetals. Guo Wenqing pointed out that, in response to the nation’s... “ Strengthen, optimize, and expand state-owned enterprises, continuously enhancing the vitality, control, influence, and risk-resistance capabilities of the state-owned economy. ” the call, 2015 At the end of the year, China Minmetals and MCC Group, two Fortune Global 500 companies, carried out a strategic restructuring that integrated the entire value chain of the metals and mining industry. Following the strategic restructuring, China Minmetals has positioned itself as a guarantor of resource security and a leader in industrial upgrading. “ The Belt and Road ” a practitioner committed to building “ China's No. 1, World-Class ” a metal mining group. China Minmetals is currently the only state-owned capital investment company in China operating in the field of metal minerals, with total assets amounting to... 1.6 Trillion RMB, 2017 Ranked annually worldwide 500 Strongly No. 120 Ranked first among enterprises in the metal industry.

　　Guo Wenqing introduced the concept and significance of the Cao Feidian International Iron Ore Trading Center project undertaken by China Minmetals. He pointed out that China Minmetals will leverage its two major strengths—its global trading and operations expertise as well as its capabilities in metallurgical design and construction—to build a world-class, billion-ton-level iron ore trading center that is intelligent, environmentally friendly, fully functional, and equipped with state-of-the-art facilities. The project is located in China’s largest concentration of steel production facilities. —— In the Tangshan area of Hebei Province, we are customer-driven by steel enterprise needs and tailored to meet the personalized requirements of different blast furnaces. “ Appetite ” By providing refined services tailored to standards, this initiative can effectively address the issues of insufficient storage yard space and inefficient blending—particularly prevalent among steel enterprises, especially small- and medium-sized private firms. Within the ferrous metals industry chain, optimizing and integrating resource allocation will create incremental value, ensuring the smooth continuation of local industrial production and facilitating the transformation of local steel producers toward greener, more environmentally friendly, and highly efficient operations. The project has received full support from the local municipal government and widespread recognition from steel enterprises in the Tangshan region. It boasts a promising market outlook and tremendous growth potential. China Minmetals is eager to join forces with BHP to seize this rare historical opportunity presented by the Caofeidian International Ore Trading Center project. On the basis of mutual benefit and win-win cooperation, we are committed to exploring complementary partnership mechanisms and working together to unlock new avenues for future value creation.

　　Guo Wenqing stated that China Minmetals has a 67-year history and operates in a wide range of trade and business sectors, covering numerous types of resources. Currently, China Minmetals enjoys a clear competitive edge in the niche non-ferrous metals sector both domestically and internationally, and is actively focusing on developing and expanding the market for new-energy materials—including the research and production of lithium-based materials. At the same time, the company is vigorously strengthening its trading and operational systems for commodities such as copper, iron, nickel, and zinc, striving to further enhance its industry standing and international market influence. As a global giant in the mineral ore industry, BHP Billiton possesses abundant high-quality raw material resources worldwide. China Minmetals places great importance on its cooperation with BHP Billiton, hoping that the two sides can establish a long-term, stable buyer-seller partnership, build robust resource acquisition channels, and achieve mutual benefits and win-win outcomes.

　　BHP Group CEO Andrew Mackenzie expressed gratitude for the cooperation invitation extended by China Minmetals, and voiced admiration and agreement with China Minmetals’ strategic vision following its restructuring as well as its business philosophy of building a fully integrated value chain. Andrew Mackenzie pointed out that BHP’s revenue... 50% Coming from the Chinese market, we place great importance on cooperation with Chinese enterprises and look forward to expanding our collaborative opportunities with China Minmetals in resource sectors such as copper mines, iron ore, and potash mines. Ma Ande also further exchanged views with Guo Wenqing on the development trends of China’s steel industry market, noting that environmental protection and sustainable development will become crucial issues for future industrial growth, receiving increasing attention from countries, governments, and enterprises alike. High-quality raw materials can effectively enhance production efficiency, reduce carbon emissions, and appropriately control pollution levels; the competitive advantages of such products will gradually become more apparent in the future market.

　　BHP is committed to providing high-quality raw material supplies to global partners, including the Chinese market, and looks forward to delivering even more premium resource products to the Chinese market in the future. In addition, Mark Anderson shared BHP’s insights on iron ore blending, expressing his hope to strengthen communication and exchange with the iron ore blending team at Minmetals, and jointly explore new and innovative cooperation models for the future.

　　Member of the Party Leadership Group of China Minmetals, MMG CEO Jiao Jian attended the meeting. BHP Group’s Chief Financial Officer. Peter Beaven Group Strategy and Development Officer Johan Van Jaarsveld Vice President of Business Development Zanna McComish Vice President of Strategy and Market Intelligence Paul Perry Minister of Strategy and Market Intelligence Martin Ross Ouyang Jun, General Manager of External Affairs for BHP China Enterprises ; Zhang Ye, Director of the Party Group Office and Director of the Board Office of China Minmetals; Liu Qingchun, General Manager of Minmetals Development; Xiao Xuewen, Chairman of MCC Sedi; Huang Kun, General Manager of Australia Minmetals; and Zhang Yiwen, Deputy General Manager of the Ore Department at the Raw Materials Business Headquarters of Minmetals Development, attended the meeting.