On March 22, 2024, Weng Zuliang, Chairman of China Minmetals, met with Jeremy Weir, Executive Chairman and Chief Executive Officer of Trafigura Group.

Weng Zuliang welcomed the visit of Jeremy Weir and his delegation. They held cordial and friendly talks in Beijing in March last year. Over the past year, the two sides made plans from a strategic perspective, cooperated based on complementary advantages and promoted mutual benefits and win-win results. Based on the consensus reached, the two sides have carried out a lot of fruitful work, constantly expanded the scope of cooperation and continuously upgraded the level of cooperation. At present, the outlook for the global economy remains uncertain. However, China's economy, with its strong resilience and huge potential, continues to bring broad development opportunities to the world economy. Since China Minmetals is a mining enterprise with global influence, the two sides should draw on their respective strengths, give full play to the role of communication mechanisms and cope with the opportunities and challenges together in the energy sector and the metals & minerals industry. They should continue to deepen and expand cooperation in the fields of trade, technology, logistics of bulk commodities and overseas mineral resource exploitation. In addition, they should respond to the uncertainty of the economic environment with the certainty of cooperation and continue to promote common development through complementarity and mutual benefits.

Jeremy Weir said that the two sides had worked closely and actively and achieved fruitful results based on the consensus reached in the last meeting. The present sees a trend of regionalization and localization of the global industrial chain and supply chain brought about by the impact of the epidemic. The global energy pattern and the metals and minerals industry continue to undergo the transformation and adjustment. All these call for greater and deeper cooperation between the two sides. He hoped that the two sides would continue to strengthen communications and connections to jointly address challenges and to deepen and expand cooperation from a strategic perspective, so as to yield more fruits of pragmatic and friendly cooperation between the two sides.

Participants included Zhu Kebing, Senior Vice President of China Minmetals and relevant leaders from China Minmetals' head offices and directly-managed enterprises.