男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Companies

BHP bracing for the journey ahead

By WU YIYAO (China Daily) Updated: 2015-01-09 10:46

BHP bracing for the journey ahead

BHP Billiton Ltd shareholders wait in a refreshment area ahead of the company's annual general meeting in London, UK, on Oct 23,2014.The world's biggest mining firm told investors that first-quarter iron ore output rose 17 percent as it continues to expand production in the face of tumbling prices. [Photo/China Daily]

BHP has already factored market changes in China, says top executive

December is normally associated with celebrating achievements and chalking out action plans for the year ahead. But for Andrew Mackenzie, the chief executive officer of mining giant BHP Billiton Ltd, December was the culmination of an eventful journey as it shipped its one-billionth metric ton of iron ore to China.

Though the sheer volume of the shipments made over the last four decades would enthrall most chief executives, Mackenzie is more pragmatic when he says that it is also a time of introspection due to the changing market realities in China.

"There is no doubt that China is of utmost importance to BHP Billiton and we are looking to develop closer ties with the Asian nation and to contribute to its development by providing long-term, reliable and high-quality products at a transparent market price," said Mackenzie.

"It took us just 12 years to ship 900 million metric tons of iron ore, but it took us nearly 30 years to do the first 100 million," he said, adding that judging by current levels BHP Billiton is well on track to do the next billion in five or six years.

The Anglo-Australian mining giant shipped nearly 70 percent of the iron ore produced from its mines in Australia to China during the last financial year, according to its annual report.

"Demand for iron ore from China's huge steel industry has been unprecedented and has helped buoy iron ore shipments."

It has also been a pivot in bilateral trade between China and Australia, said Mackenzie.

China accounts for about half of global crude steel output, and its strength in steelmaking and manufacturing ensures that most of the iron ore that Australia exports to China returns in the form of high-quality infrastructure and equipment.

Since 2008, BHP Billiton has spent some $4 billion on purchasing capital goods and consumables from China for its facilities in Australia, including made-in-China equipment and infrastructure such as machines for bulk handling, transportable buildings and rolling stock for rail transposition, said Mackenzie.

"Most of the infrastructure for the new Jimblebar mine was actually fabricated in China. It was shipped to Port Hedland in Western Australia, and then onwards to the final destination by road, for construction and erection," he said.

Previous Page 1 2 3 4 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 平顺县| 铁岭县| 乐业县| 叙永县| 五指山市| 临西县| 通辽市| 西城区| 三明市| 衡南县| 江城| 庆安县| 师宗县| 通化市| 云林县| 韶关市| 林芝县| 手机| 高邑县| 攀枝花市| 鸡西市| 安西县| 汤阴县| 石景山区| 玛多县| 历史| 无棣县| 遂宁市| 洞口县| 观塘区| 清徐县| 鸡东县| 大渡口区| 宝坻区| 米泉市| 裕民县| 富锦市| 恩施市| 丰镇市| 区。| 凤台县|