BHP’s incoming CEO met with Chinalco boss in China this week

President of BHP Americas, Brandon Craig, poses for a picture during an interview with Reuters, in Santiago, Chile November 21, 2024. REUTERS

BEIJING, April 9 (Reuters) – BHP Group’s incoming CEO, Brandon Craig, met with the ​chairman of Chinalco in Beijing this ‌week and discussed further cooperation, the Chinese aluminium giant said on Thursday.
Craig’s trip ​to China is a focus ​of interest to investors as the ⁠mining giant has been locked ​in a pricing battle with its ​biggest customer, China’s Mineral Resources Group. CMRG has banned its steel mills from buying several ​of BHP’s products as the two ​hammer out annual supply terms.
Craig said last ‌month ⁠that he would be focused on strengthening the company’s relationships in China.
Chinalco Chairman Duan Xiangdong met with Craig on ​Wednesday and ​told ⁠him that he hoped both companies could cooperate further, ​according to a company WeChat ​post.
BHP ⁠did not have immediate comment.
Craig will take up his new appointment on ⁠July ​1.

Reporting by Amy Lv ​and Lewis Jackson; Additional reporting by Melanie Burton ​in Melbourne; Editing by Edwina Gibbs

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