Baosteel-CCCC-Li Ka-Shing
posted on
Oct 26, 2017 07:49PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
However ..regardless of past reputation of CCCC..there is this stuff to note ..below.
from 2012
http://www.baosteel.com/group_en/contents/2863/39900.html
Recently, Baosteel Group Corporation and China Communications Construction Group Co., Ltd. signed a strategic cooperation agreement in Qingdao. He Wenbo, general manager of Baosteel group corporation, and Liu Qitao, president of CCCG, representing the two sides signed a cooperation agreement.
CCCG is an oversized state-owned infrastructure enterprises under SASAC supervision , mainly engaged in infrastructure construction of ports, terminals, waterways, highways, bridges, railways, tunnels, and real estate development business, with operations in more than 100 countries and regions all over the world . CCCG is China's largest port design and construction company, which covers vast majority of coastal large and medium-sized ports since founding of China;CCCG is the world's leading design and construction company for highway,& bridge, and is involved in numerous high-level main road construction; CCCG is the world's first class dredging company, with China's largest dredging fleet; CCCG is also the world's largest manufacturer of container cranes, accounted for more than 75 percent of world market share, which exports nearly 130 ports in 78 countries and regions; CCCG is China's largest international engineering contractor, year after year was ranked on the U.S. ENR as world's largest 225 international contractors.
Baosteel owns first-class production equipment and technology R & D capabilities, and establish a sound scientific management and production system. Adhering to the concept of "produce for generation, R & D for generation, reserve for generation",Baosteel boasts solid R & D capacities in new product development,to meet with customer's the technology needs . Previously, Baosteel and CCCG have been carried out some joint projects , especially in the development of wear resistant steel products and supply.
The strategic cooperation agreement signed jointly by Baosteel and CCCG, can effectively promote the further integration of industrial chain, to achieve the docking of steel supply and demand, and promote the development and application of new varieties of steel. At the same time, it helps promote the two sides strengthen cooperation in BT and BOT projects, work together to develop the overseas market, realize complementary advantages for win-win cooperation.
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And there is this.."including Li Ka Shing"
https://en.wikipedia.org/wiki/China_Communications_Construction
CCCC is the largest Mainland China's infrastructure government-owned enterprise company listed in Hong Kong Stock Exchange Market. Some of its stock were bought by billionaires, including Li Ka Shing, Lee Shau Kee, Joseph Lau, Robert Kuok and Alwaleed bin Talal, during its initial public offering (IPO) on December 2006. China Life Insurance Group, Chow Tai Fook Group and Government of Singapore Investment Corporation were its strategic stockholders.
Do you remember from 2010?
https://news.ontario.ca/opo/en/2010/11/investment-chromite-top-agenda-for-premier-in-hong-kong.html