On March 18, Chen Dexin, Chairman of China Minmetals, met with Jakob Stausholm, EXO of Rio Tinto. Xu Jiqing, Vice President of China Minmetals also attended the meeting.

Chen Dexin extended a warm welcome to Jakob Stausholm and his delegation and offered his congratulations to business results achieved by Rio Tinto in recent years, especially the acquisition of Arcadium LIthium not long ago. He said that this year marked the 52nd anniversary of the partnership between China Minmetals and Rio Tinto. The two sides, based on the principles of mutual benefit and win-win outcomes, have engaged in in-depth cooperation on many fields including iron ore trading, screening and ore mixing, geological prospecting and engineering for more than 50 years. The two sides have deepened cooperation, expanded cooperation fields and achieved notable results. It was hoped that the two sides would enhance exchanges, strengthen coordination, build a regular communication mechanism, and fully leverage their advantages to keep deepening systematic cooperation on all fronts.

Shi Daocheng noted that China Minmetals and Rio Tinto had highly complementary businesses and aligned development strategies, and maintain profound and friendly cooperation with each other for a long time. At present, Rio Tinto has formulated four strategic goals - “becoming the best operator, achieving extraordinary ESG performance, realizing excellent development, and strengthening  social recognition,” and is committed to realizing these goals. It’s hoped that both sides will leverage their respective strengths to expand synergic effects, further strengthen comprehensive cooperation, thus realizing mutual benefits and win-win development.

Participants also included relevant leaders of Rio Tinto Corporation and leaders of China Minmetals' head offices and directly-managed enterprises.