Rio Tinto and China Minmetals have signed a technical agreement, formalizing a collaborative partnership in minerals exploration. This action follows an agreement on global exploration that was signed in June that sets out the principles and framework for the parties to conduct potential collaboration.
Both companies said the signing of the technical collaboration agreement represents a significant step forward in the cooperative approach toward an international minerals exploration partnership, both inside and outside China.
Rio Tinto Chief Executive J-S Jacques and China Minmetals Chairman He Wenbo witnessed the signing of the technical collaboration agreement by Rio Tinto Australasia Exploration Director John Kilroe and Minmetals Exploration & Development President Wang Jionghui. Rio Tinto Corporate Relations Group Executive Simone Niven and China Minmetals Senior Vice President Li Fuli also witnessed the signing.