Sunday 17th November 2019 Font size:

Western Mining Fair signs $150 million order

Friday, November 8th, 2019

The second China International Import Expo opened in Shanghai, Western Mining and Tok Trading Co., Ltd., Advida International Trading Co., Ltd. reached an intention to cooperate, and successively signed cooperation agreements, with a total contract value of US $150 million.

During the Expo, Western Mining and Trading Co., Ltd. reached a framework agreement on copper concentrate, cathode copper, lead concentrate, zinc concentrate and zinc ingot procurement and sales cooperation, with a contract value of about US $100 million. In the future, Western Mining will purchase copper concentrate, zinc concentrate and lead concentrate from Tok, and the high-quality cathode copper and zinc ingots will be sold to Tok Trading Co., Ltd. At the same time, the company signed a copper concentrate import agreement with Advida International Trading Co., Ltd., with a contract value of US $50 million, and is expected to purchase 8000 metal tons of Kazakh copper concentrate each year.

The cooperation with the two companies has not only provided a resource guarantee for the sustainable development of the western mining industry, but also laid a good foundation for the next step in the marketing of high-quality cathode copper and zinc ingots, opened up the situation, and provided a strong guarantee for the establishment of a long-term friendly and cooperative partnership with high-quality foreign businessmen.

As the first national exhibition with the theme of import so far, the Expo is of great political and economic significance. With this platform, the western mining industry has seized the important opportunity of actively opening up the market to the world, actively integrated into the national “Belt and Road” strategy, strengthened foreign exchanges, optimized foreign cooperation, expanded international horizons, and actively sought business opportunities for cooperation. we will broaden sales channels, create a global supply chain of resources, and strive to create competitive high-quality enterprises in the process of opening and sharing, laying a solid foundation for transformation and upgrading under the new situation.

A grand event for thousands of people in China’s non-ferrous metal industry

Shanghai colored net (SMM) annual meeting is the annual event of the metal industry, with an annual participation scale of thousands of people, domestic and foreign metal industry people gathered together to review and summarize the experience and harvest of the year, and lay the groundwork for the production, operation and operation of the coming year.

This year’s “2019 China Nonferrous Metals Industry Annual meeting and 2020 (SMM) Metal Price Forecast Conference” was jointly created by SMM and China Renewable Resources Industry Technology Innovation Strategic Alliance and Shanghai Nonferrous Metals Industry Association. At the same time, the first “China Renewable Metals Industry chain Development Summit Forum” was held, and SMM metal price forecasting conference and waste battery recycling exchange were set up for you to enjoy. From the development of non-ferrous metal market to the recycling of renewable resources, from the detailed explanation of policies and systems to the research and development of industrial chain technology.

This is not only a meeting, but also an industry exchange of information, collision thinking sparks of brainstorming!

https://news.metal.com/newscontent/100991358/western-mining-fair-signs-150-million-order/
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