Brandon Craig, set to become the next chief executive of mining company BHP Group, traveled to Beijing this week for discussions with Chinalco leadership about expanding business partnerships, the Chinese aluminum corporation announced Thursday.
The visit has drawn attention from investors as BHP continues to navigate challenging negotiations with China’s Mineral Resources Group, its largest customer. The dispute has escalated to the point where CMRG has prohibited its steel manufacturing facilities from purchasing certain BHP products while both sides work to finalize annual supply agreements.
During last month’s statements, Craig indicated his priority would be improving BHP’s business relationships throughout China.
According to a WeChat social media post from the company, Chinalco’s Chairman Duan Xiangdong held Wednesday meetings with Craig, expressing optimism about expanded collaboration between the two corporations.
BHP representatives have not yet provided comments regarding the Beijing meetings.
Craig is scheduled to officially begin his role as chief executive on July 1st.
