[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
The board of directors of Zijin Mining has approved a guarantee of 348 million yuan, and the Tanzan Railway Activation Project plans to apply for a total loan of 6.9608 billion yuan. The project company has not yet started actual operations, and the guarantee has been implemented to promote the financing process. Some projects have already started in the early stage of the project. Editor/Min Jing
On September 16, 2026, the China Mongolia power grid officially achieved cross-border interconnection between networks, and the project was included in the construction list of the China Mongolia Russia Economic Corridor. Both sides have overcome multiple technical challenges to ensure the electricity supply for Mongolia's industrial and mining sectors as well as people's livelihoods. They will also promote cross-border green power transactions and deepen energy cooperation between the two countries. Editor/Min Jing