In Australia, there are BIG4 of industrial mineral companies.
2 companies which catch my attendtion are RIO and BHP which
- have strongrelationship with economy of China.
- have main operation Australia.
According to 14th Five-year Plan
Smart City with sustainable development
Both RIO and BHP partner with Baowu Corp. which is currently
the biggest player in steel industry.
Also businesses from the West depend on them.
For the first time Rio’s revenue and net profit surpass those of BHP.
RIO has fascinating ways to reduce it cost
Start implementing WeChat (61% of all transaction).
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