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2023
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What are the big moves of Chinese and foreign mining companies at the Expo this year? (below)
It is understood that this year's enterprise exhibition quality significantly improved. The exhibition area is about 367000 square meters, and the number of world top 500 and industry leading enterprises participating in the exhibition has reached 289, all exceeding the previous level. All localities and relevant departments have set up 39 government trading groups and 4 industry trading groups, with more than 750 trading sub-groups, docking precision and professional, and taking multiple measures to promote transactions.
From November 5 to 10, the 6th Expo will be held offline in Shanghai.The Expo welcomed guests from 154 countries and regions and international organizations. More than 3400 exhibitors and nearly 410000 professional visitors registered,Full return to pre-epidemic levels. More than 100 executives from the global headquarters of the world's top 500 companies and industry leaders came to China to participate in the CIIE, with a record scale.
It is understood that this year's enterprise exhibition quality significantly improved.The exhibition area is about 367000 square meters, and the number of world top 500 and industry leading enterprises participating in the exhibition has reached 289, all exceeding the previous level. Various localities and relevant departments have set up 39 government trading groups and 4 industry trading groups, with more than 750 trading sub-groups under it., docking precision professional, multi-measures to promote the transaction.
Mining enterprises in which also show new vitality. International iron ore "Big Three", energy companies, mining-related finance and consulting companies actively participated in the exhibition and actively signed contracts; domestic companies were busy expanding cooperation and seeing opportunities to "buy, buy, and buy".Today, the mining industry will take you to see what actions and cooperation have been reached by Chinese and foreign mining enterprises at this Expo?
China Coal Energy Group

On November 7, China Coal signed a contract for on-site procurement. At this Expo, China Coal's participation scale and import procurement amount were significantly higher than those of the previous five sessions. It actively integrated into the global industrial chain supply chain with high-value procurement, gave full play to the role of bidding and procurement guarantee platform, and completed the procurement signing work of the transaction sub-groups with high quality and efficiency.
At this CIIE, China Coal signed contracts with 16 companies from 8 countries including Sweden, Germany, France, the United Kingdom, the United States, the Netherlands, Japan, and Switzerland. Among them, it held 3 exhibition stands with exhibitors Michelin, ABB, and 3M. Signing activities, and 13 companies including SSAB, Michelin, and Basell held centralized signing activities on the unified signing platform of the State-owned Assets Supervision and Administration Commission of the State Council, procurement categories include steel, coal mining equipment and accessories, and coal chemical process packages. The procurement category continued to expand, with the total procurement amount reaching 159.44 million billion US dollars, an increase of 90% over the previous session, and the procurement category and contract amount reached a record high.
Anshan Iron and Steel Group

On the 6th, Anshan Iron and Steel Group held a theme forum on "Green, Wisdom, Sharing-The Road to New Industrialization of Steel" at the 6th China International Import Expo, and carried out in-depth exchanges and cooperation with global partners around high-end, green and intelligent. Accelerate the promotion of new industrialization of steel.
Anshan Iron and Steel Group signed a memorandum of technical cooperation on blast furnace charge structure optimization with Rio Tinto Group of Australia at the forum site, signed purchase agreements with three partners including Germany's Ternroy, Britain's Prius and Russia's Elsie Company, and signed long-term cooperation agreements with four partners including Germany's Siemens, Germany's Inmonda, Switzerland's ABB and Germany's Bosch Rexroth, covering low-carbon technology, digital industrial products, coal, mechanical equipment and other fields.
Chinalco Group

On November 6, the signing ceremony of the trading sub-group of Chinalco Group of the Central Enterprise Trading Group of the State-owned Assets Supervision and Administration Commission of the State Council was held.
As a leading enterprise in China's non-ferrous metal industry, Chinalco has participated in the Expo for six consecutive years. During each event, Chinalco signed procurement agreements covering many commodities with suppliers from many countries and regions around the world, taking practical actions to deepen long-term strategic cooperation in the supply chain and promote complementary advantages and information sharing.
At this CIIE, the total amount of contracts signed by related companies under Chinalco Group reached US $4.957 billion, an increase of 33% over the previous CIIE. During the current CIIE, Chinalco Group also held a special signing ceremony with Rio Tinto Group.
State Power Investment Group

On November 6, the State Power Investment held a special signing ceremony for the import procurement of trading sub-groups. The total contract amount of the State Power Investment in this Expo reached 0.82 billion US dollars, an increase of nearly 80% over the same period last year.
At the signing ceremony, seven secondary units, including Shanghai Nuclear Engineering Institute, Shandong General Corporation (Shandong Institute), China Electric Power, Inner Mongolia Company, Shandong Nuclear Power, SNNC Uranium Industry and Shanghai Electric Power, signed cooperation agreements with 15 internationally renowned enterprises, including France's Oano Mining, Germany's Siemens Energy Co., Ltd., Westinghouse Electric Co., Ltd., Indonesia's BIB Coal Mine Co., Ltd., Japan's Komatsu (China) Investment Co., Ltd. 17 items. In order to ensure energy supply this winter and next spring, the State Electricity Investment has signed a contract to import coal of US $81 million.
In the six years since the CIIE was held, the State Power Investment Corporation has carried out global strategic cooperation with internationally renowned suppliers, making good use of global resources in green and low-carbon aspects to supplement the chain and strengthen the chain. Over the past six years, it has signed a total of US $5.047 billion, and the level of supply chain management has been continuously improved.
Baotou Steel Group

During the meeting, Baotou Steel signed a letter of intent for coking coal cooperation with Northern International Cooperation Co., Ltd. and Chinalco International Trade Group Co., Ltd., signed a strategic cooperation framework agreement with Cummins Engine (Beijing) Co., Ltd., and signed a strategic cooperation agreement with Mitsubishi Power Gas Turbine Engineering Technology (Nanjing) Co., Ltd.; Northern Rare Earth signed a strategic cooperation framework agreement with Shenghe Resources and Jinan Yuxiao Group; energy Saving and Environmental Protection Industry Company and Siemens Energy Co., Ltd. signed a strategic cooperation agreement. Baotou Steel Xichuang Wankai Company signed three procurement contracts with Russian Spektr Llc Company, Siberian Hub Co., Ltd. and Mongolian MONCAMEL Company respectively.
At this CIIE, Baotou Iron and Steel Group signed strategic cooperation agreements and letters of intent with 10 domestic and foreign companies. The signed amount is expected to exceed 2.3 billion yuan.
China Coal Science and Industry Group

On November 7, at the 6th China International Import Expo, enterprises affiliated to China Coal Science and Industry Group Co., Ltd. completed the signing of nine global supply contracts. The content of the contract involves high-end products such as machinery and equipment, components, technical services, and mining equipment import and export certification services. The contracted categories and amounts have reached new highs. Since 2018, China Coal Science has formed a trading group to participate in the Expo for six consecutive years, and the "circle of friends" has been expanding, signing procurement contracts or agreements with nearly 30 suppliers, and the number of contracts has increased steadily. the coverage is getting wider and wider, and the achievements of co-construction are getting richer and richer.
China Baowu

On November 8, China Baowu held a global centralized procurement signing ceremony with the theme of "New Industry, New Kinetic Energy for the New Future" at the sixth Expo. China Baowu signed contracts with more than 10 international well-known enterprises for the procurement of international intelligent equipment, international minerals and production resources, involving non-oriented silicon steel production line equipment for new energy vehicles. High-quality coking coal, manganese ore, ferrochrome, ferronickel, iron ore and other resources, and productive resources such as hot-rolled raw plates. Baowu's Baosteel Co., Ltd., Bayi Steel Co., Ltd., Baowu Resources, Sinosteel Group, Europe Metallurgical Industrial Products and other enterprises signed procurement agreements with relevant partners. China Baowu said that the scale is expected to be no less than the level of the previous central enterprise trading group Baowu sub-group procurement amount.
Iron ore "Big Three
Rio Tinto

At this CIIE, Rio Tinto demonstrated for the first time in China a breakthrough patented low-carbon technology and a supply chain traceability, transparency and assurance platform based on blockchain technology. During the exhibition, Rio Tinto also demonstrated the continuous deepening of cooperation with Chinese partners, jointly promoting the development and achievements of low-carbon innovation, and actively participated in activities such as the Hongqiao International Economic Forum to further expand cooperation with Chinese partners.
During the meeting, Gansu Trading Group Jinchuan Group Co., Ltd. and Baiyin Nonferrous Metals Group Co., Ltd. respectively signed copper concentrate supply and commercial cooperation agreements with Rio Tinto Group. Chinalco Group Co., Ltd. and Rio Tinto Group signed copper concentrate supply and commercial cooperation agreements and bauxite supply and commercial cooperation agreements.
Vale

At this Expo, Vale brought its first carbon neutral booth in China, focusing on the theme of "50 years of cooperation with China for a sustainable and win-win future", paying tribute to the half-century history of cooperation with China, and fully demonstrating how this partnership will help the company and China to move towards a green future of sustainable development. According to the "Securities Times" report, at this CIIE, Vale's venture capital fund entered the CIIE for the first time. The venture capital fund was launched in June 2022 and is Vale's corporate venture capital project. The $0.1 billion billion fund will invest in pioneering technology startups focused on sustainable extraction, targeting low-carbon industrial chains, circular mining, industry transformation and energy transition.
BHP Billiton

At this Expo, BHP Billiton's booth, with the theme of "facing the future, clear and predictable", showcases the company's development history and strategic layout in China through multimedia technology interactive experience, and introduces its diversified mineral resources. at the same time, it expounds that BHP Billiton and its industrial chain partners work together to meet climate and environmental challenges and achieve the vision, goals and phased results of green decarbonization and emission reduction.
Source: company public numbers, economic daily, securities times, surging news, etc.
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