[CNCEC signed a strategic agreement with Sonangol in Angola]On June 6, 2023, CNCEC General Manager Wen Gang held talks with Diamantino Azevedo, Minister of Mineral Resources, Petroleum and Natural Gas of Angola, at the group headquarters. The two sides had in-depth exchanges on promoting practical cooperation on key projects, and jointly witnessed the signing of a strategic cooperation agreement and a memorandum of project cooperation between CNCEC and Angolan National Oil Company. The two sides will build the Lobito Refinery in Benguela and strengthen in-depth cooperation in petrochemical, natural gas and chemical industries. Editor/Xue Ma
On June 4, 2026, it was reported that the single container cargo value of the China Europe freight train increased by 41% year-on-year, the customs clearance efficiency improved by 30%, and the stable operation of connecting Asia and Europe was achieved, restructuring the cross-border supply chain system.Editor/Gao Xue
Recently, SimFer, a joint venture between China Aluminum and Rio Tinto, has completed the construction of the Simandou iron ore branch railway. The 74 kilometer line connects the mining area with the main line and can transport 60 million tons of iron ore annually.Editor/Gao Xue