CNMC and Chalco Signed the Framework Agreement for Strategic Cooperation

Source:CNMC        Date:2018-12-26

CNMC’s Chairman Wang Tongzhou met with Chalco’s Chairman Ge Honglin at CNMC headquarters of the Group on December 13th, 2018, . Built on the solid foundation of friendly cooperation, the two sides will furtherplay their complementary advantages and conduct pragmatic cooperation in a wider range of areas. After an in-depth exchanges of viewss, the two sides signed a strategic cooperation framework agreement.

During the talks, Chairman Wang first extended a warm welcome to Chairman Ge Honglin together with his delegation, expressed gratitude to Chalco Group for its long-term support for CNMC and introduced the current situation of the reform and development of China Nonferrous Metals Group. He said that China Aluminum Group is a leading enterprise in China's non-ferrous metal industry, with complete industrial chain, broad business scope and strong comprehensive strength. It is the aluminum industry in China in terms of creating demand, leading consumption, capacity cooperation, green development and technological innovation. Sustainable and healthy development has made a positive contribution. It has a complete industrial chain of non-ferrous metals based on copper. He said that the two sides share the same roots, and the cooperation is complementary and the synergy effect is obvious. The signing of the contract is a concrete measure for the two sides to implement the decision-making arrangements of the Party Central Committee and the State Council, and is a pragmatic action that complements each other and works hand in hand in the non-ferrous industry. China Nonferrous Metals Group will earnestly study the advanced experience of Chalco Group, further deepen mutually beneficial cooperation and make greater contributions to the country's economic development and the construction of a strong non-ferrous metal industry.

Chairman Ge Honglin first thanked CNMC for its long-term support for the reform and development of Chalco, and introduced the industrial distribution and reform and development of Chalco. He said that CNMC is one of the earliest going global enterprises in China's non-ferrous industry. It has rich experience in international management and ranks 18th among the Top 50 Global Enterprises in China and has won the outstanding resources development of non-ferrous industries. The title is rich in development results. He said that at present, Chalco has transformed from a single specialized aluminum company to a diversified development of four major industries of aluminum, copper, rare earth, lead and zinc, engineering technology, industrial services, capital finance, trade logistics and so on. Multinational corporation. In recent years, it has accelerated the transformation of old and new kinetic energy of traditional enterprises and achieved innovative development. Chalco and CNMC have outstanding industry characteristics and high business cooperation. They have broad cooperation in industrial investment, mineral resources development and utilization, engineering construction and industrial services, technological innovation, energy conservation and environmental protection. It is hoped that both sides will further innovate ideas and build long-term and solid strategic partnerships to promote high-quality development.


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