president Hu Jintao - Perth september 2007

Ma Kai-Head of National Development and Reform Comission

Sinosteel signing ceremony september 2007

Sinosteel team September 2007

First Australian visit by the Chinese President Hu Jintao - Sinosteel Signings

During the first Australian visit by the Chinese President Hu Jintao in September 2007 our client Sinosteel Australia Pty Ltd signed two contracts:
  • a heads of agreement for the extension of the Channar joint venture with its joint venture partner Hamersley Iron;
  • a revised sales agreement for the delivery of joint venture ore production for the remaining five year term of the Channar joint venture (sales worth around AUD3 billion).

[Click here for Rio Tinto Iron Ore and Sinosteel Corporation news release]

[Click here for Sinosteel news in English]
[Click here for Sinosteel news in Chinese]

[Click here to view an article on our law firm contained in the special edition of the Ministry of Commerce newspaper published for the President's visit in September 2007 (Article in Chinese)]

­Major Chinese sales contracts for Aurox Resources

Our f­irm advised on the long term sales contract between RockCheck Steel Group Co Ltd and Aurox Resources Limited signed in September 2007 for the delivery of magnetite over a 25 year period. This followed the long term sales contract between Chengde Iron & Steel Company Limited and Aurox in March 2007.

[Click here for ASX release of Aurox in relation to the Chengde contract]

China's first uranium project

In April 2007 our client Sinosteel Uranium SA Pty Ltd executed a joint venture agreement with PepinNini Minerals Limited for the exploration and development of uranium mining in South Australia. This was China's first uranium project in Australia.

China's first resources IPO

In May 2007 Yunnan Tin Company Group Limited, the world's largest tin producer, listed a company on the Australian Stock Exchange. This was China's first listed resources company.