BHP strengthens presence in China

Global mining major 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 in November.

Chief Commercial Officer, Vandita Pant,
attended together with Australian Trade Minister, Simon
Birmingham
. China is BHP’s largest customer market. More
than half of the company’s products are sold in China.

“The Expo has become an important event to collaborate with
Chinese customers to find new opportunities to create value
together,” Pant said.

The new memorandums of understanding  signed at the Expo, she
explained, further strengthened BHP’s long-term strategic
partnerships with Chinese customers and are a demonstration of the
continued interest in the company’s products.

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.

“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.”

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. President Xi delivered a keynote
speech at the opening ceremony of the Expo.

Source: FS – Mining B.
BHP strengthens presence in China



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