BHP has signed ‘more than a dozen’ agreements at the China International Import Expo to sell its iron ore, met coal and copper products to a range of leading Chinese customers.
Attending the opening ceremony in Shanghai this week was the company’s Chief Commercial Officer, Vandita Pant, together with Australian Trade Minister, Simon Birmingham.
Ms Pant said the agreements with Chinese iron ore, met coal and copper customers cover both product sales and purchases.
‘The Expo has become an important event to collaborate with Chinese customers to find new opportunities to create value together,’ Ms Pant stated.
‘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.
At the Expo last year, BHP inked 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 continued.
‘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.”