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☆ Rio Tinto shoulders Simandou iron ore bill as Chinese funds delayed - sources
▼ + stars: | 2023-09-18 | by ( Clara Denina | ) www.reuters.com time to read: +3 min

The Anglo-Australian miner owns two of four Simandou mining blocks as part of its Simfer joint venture with China's Chalco Iron Ore Holdings (CIOH) and the government of Guinea, where the mine is located. CIOH is 75% held by Aluminum Corporation of China (Chinalco) and 20% by Baowu Steel Group, with China Railway Construction Corporation (CRCC) and China Harbour Engineering Company (CHEC) each holding 2.5%. Simandou's other two blocks are owned by the Winning Consortium Simandou (WCS), made up of Singapore-based Winning International Group, Weiqiao Aluminium - part of the China Hongqiao Group (1378.HK) - and United Mining Suppliers. Rio earmarked $800 million for its share of the development in 2023 and around $2 billion a year in 2024 and 2025. Reporting by Clara Denina; Additional reporting by Felix Njini and Amy Lv; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Chris Helgren, CIOH, CHEC, Simandou, Raphael Gnambalamou, Clara Denina, Felix Njini, Amy Lv, Jan Harvey Organizations: Rio Tinto, Developers Association of Canada, REUTERS, Ore Holdings, CIOH, Aluminum Corporation of China, Baowu Steel, China Railway Construction Corporation, China Harbour Engineering Company, Weiqiao, China Hongqiao, HK, United Mining Suppliers, Thomson Locations: Rio, Toronto , Ontario, Canada, Simandou, Guinea, China, Singapore

☆ Mexico's AINDA seeks $600 mln to kickstart fund, Colombian business
▼ + stars: | 2022-12-20 | by ( Valentine Hilaire | ) www.reuters.com time to read: +2 min

Its foray into Colombia seeks to collaborate with the government's infrastructure plans, with AINDA set to open offices in the South American country by next year's second quarter, Rodriguez said. In Mexico, Rodriguez emphasized potential investments in logistics, citing the Pacific ports of Manzanillo and Mazatlan, but declining to go into detail. Rodriguez added that the ESG-focused fund will continue to evaluate other Mexican energy projects, citing possible investments in electricity transmission, without being more specific. But Rodriguez said he nonetheless sees opportunities to invest in "green efforts" that can compliment the government's energy priorities. Reporting by Valentine Hilaire; Editing by David Alire Garcia and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

☆ Байден внес в «черный список» 59 китайских компаний
▼ + stars: | 2020-11-12 | by ( Mld Media Srl | Степанов Георгий | ) noi.md time to read: +2 min

Американский президент Джо Байден в четверг поставил подпись под документом, который не позволит США вкладывать средства в 59 китайских компаний, которые, по мнению Белого дома, подрывают безопасность США. «Этот исполнительный указ позволяет США запрещать инвестиции в китайские компании, которые подрывают безопасность или демократические ценности США и наших союзников», - подчеркивается в документе. В «черный список» попали 59 китайских компаний. Отмечается, что данный указ «запретит любому человеку из США участвовать в продаже или покупке любых продаваемых на бирже ценных бумаг». «Черный список» является одной из мер, принятых администрацией президента США Дональда Трампа в отношении китайских компаний.

Persons: Джо Байден, Дональд Трамп Organizations: Huawei Technologies Co ., Semiconductor Manufacturing International Corporation, Aviation Industry Corporation of China, China Mobile Communications Group Co, Ltd, China Telecommunications Corporation, China United Network Communications Group Co, China Railway Construction Corporation, ИнтерфаксУкраина Locations: China, США, Белый дом, Китай, КНР

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