CHINA MINING News

Investment and opening-up highlight companies' trust in cooperation and development

China's opening-up measures and concrete contributions to the operation of the global supply chain will create more growth opportunities for Australian mining groups such as Rio Tinto, BHP Group and Fortescue Metals to further tap into soaring demand, said analysts and business leaders.

RIYADH — The synergy between the Belt and Road Initiative and Saudi Arabia's Vision 2030 will bring advanced science, technology and ideas to the country, and boost its economic and social development, said Saudi Industry and Mineral Resources Minister Bandar Alkhorayef.

A long-term energy security deal that would supply liquefied natural gas from Qatar to China for about 27 years has been welcomed by observers and analysts for its farsightedness and alignment with the global green energy push.

The sprawling archipelagic nation of Indonesia is a hot spot for international investors, given the abundant natural resources of what is the biggest and most populous country in Southeast Asia.

Among those investors is China Nonferrous Metal Industry's Foreign Engineering and Construction, which is known as NFC.

Eurasian Resources Group is looking to explore new opportunities and expand trade cooperation at the China International Import Expo, an annual event the mining giant is attending for the fifth consecutive time.

The Ministry of Commerce said on Sunday to firmly oppose Canada's interference in business cooperation between companies from both sides in the pretext of national security.

Total net profits of China's three oil giants exceeded 280 billion yuan ($38.44 billion) during the first nine months, a record high for the period, according to the companies' recent financial reports.

China's gross domestic product grew by 3.9 percent year-on-year in the third quarter, up from 0.4 percent in the second quarter, posting a steady rebound despite factors beyond expectations, the National Bureau of Statistics said on Monday.