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Brazil
03 December 2020

Brazil´s Vale Production Bellow Forecast, as Demand from China Soars

The lowering of iron ore output forecasts by Brazilian miner Vale, the world´s biggest global producer of the material, led to a seven-year high on prices Wednesday. 
Brazil
02 December 2020

Hong Kong´s China Development Integration to Invest USD 200 million in Brazil

Hong Kong-based China Development Integration Limited (CDIL) group is set to invest USD 200 million in Brazil, through a local investment fund.
Brazil
02 December 2020

Brazil’s Petrobras Exports to China Set for Future Growth

Brazil’s Petrobras projects a surge in oil exports, including to China, its main market, and is looking to diversify sales in Asia, according to the President of the state-owned company, Roberto Castello Branco. 
China
30 November 2020

China´s CCC to Pay EUR 169.4 Million for Portuguese Builder Mota-Engil

Portuguese construction company Mota-Engil rallied on the stock exchange last Friday, after the conclusion of a strategic partnership and investment agreement with China Communications Construction Company (ACPC).
China
20 November 2020

Sino Energy Planning to Buy Cement Plant in Northern Mozambique

China-based Sino Energy has signed a non-legally-binding memorandum of understanding with Hong Kong Construction Group in which it agreed to buy a 65% stake in a 0.4Mt/yr cement plant in Pemba, capital of Mozambique´s Cabo Delgado Province.
China
06 November 2020

Samsung Nears Conclusion of Mozambique Gas Facility Construction

Samsung Heavy Industries shipyard is nearing the conclusion of the construction of the Coral-Sul FLNG facility, which will sail-away to Mozambique in 2021 to begin natural gas extraction in the north of the country. 
Brazil
27 October 2020

Brazilian Meat Packing Plants to Resume Sales to China

Two Brazilian meat packing plants have been authorised to resume sales to China after receiving bans over Covid-19 concerns earlier this year, according to Brazil’s Agriculture Ministry.
China
22 October 2020

After Aluminum Tariffs, EU Launches Anti-dumping Probe into China Steel Imports

The European Union has started an anti-dumping investigation into imports of steel towers from China used for wind turbines, a few days after having imposed tariffs on Chinese aluminum imports.
Angola
19 October 2020

Angolan Rare Earths Site Reveals “Critical” Minerals Presence

The presence of various minerals listed as "critical" by the European Commission has been identified at the Angolan rare earths site at Coola, according to mining company Pensana, that partners in the project with China Great Wall Industry Corporation.
Brazil
12 October 2020

Brazilian Miner Vale SA to Build and Operate Port Project in Shulanghu, China

Brazilian miner Vale SA has teamed up with China’s Zhoushan Port Company Ltd to build and operate Project West III in the port of Shulanghu, a strategic logistics alliance to serve the world’s largest iron ore importer.
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