A Hunan key enterprise for Africa trade · 80 of 118 staff hired locally in Africa
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Hunan Jin'ang Overseas Investment Co., Ltd. is a professional overseas investment and operation company focusing on African mineral and energy investment, development, construction and operation, and supply chain sales. It began its overseas layout in 2019, traveling to Zimbabwe, Mozambique, Tanzania and other countries for on-site research, and has now obtained mining rights for 172 square kilometers of lithium ore in Mozambique and 10 square kilometers of nickel and copper ore in Tanzania. It plans to invest USD 500 million to build the 'China-Mozambique Mineral and Energy Cooperation Demonstration Zone' within 8-10 years, covering eight functional segments: a mineral beneficiation and smelting center, a trading center, an inspection and testing center, a warehousing and logistics center, an equipment manufacturing center, an exhibition center, a mine visualization and smart management center, and a living service area.
Less than 20 days after the successful conclusion of the signing ceremony with PowerChina Zhongnan Engineering Corporation ('Zhongnan Institute'), and in order to further ensure that the preliminary work for the construction of the 'China-Mozambique Mineral and Energy Cooperation Demonstration Zone' is carried out precisely and efficiently — planning, deploying, launching and implementing the project early — the General Manager of Zhongnan Institute's Southern Africa Regional Headquarters personally led an expert team to our mining area in Zambezia Province, Mozambique, to carry out preliminary project survey work, getting the project off to a good start. The Zhongnan Institute expert team used advanced survey equipment to conduct a comprehensive and detailed survey of the mining area and carried out in-depth and meticulous research and analysis on the rationality of the park's construction planning and design scheme.
After the on-site survey is completed, Zhongnan Institute will promptly produce a survey and research report based on the on-site conditions and our plans, providing guiding opinions for the subsequent planning and design scheme. It will carry out planning and design from multiple aspects including the overall economic and policy environment, park development positioning, industrial spatial layout, construction planning, development and operation model, and risk assessment, and issue a Planning and Design Report for the park's construction.
As an important mineral resource country on the African continent, Mozambique's abundant mineral resources have long been the focus of domestic and foreign enterprises. As our company's key project in Africa, the China-Mozambique Mineral and Energy Cooperation Demonstration Zone not only carries our own business operations, but also plays an important role in bringing in mineral product-related enterprises, building a complete mining development chain with full upstream and downstream links, and forming a complete industrial cooperation demonstration zone. For this reason, our company has high expectations for the investment, development and construction of this project, and has invested substantial human and material resources to accelerate project construction, going all out to achieve 'acceleration' in project construction.
In the future, our company will join hands with Zhongnan Institute, upholding the concept of 'win-win cooperation', to build the China-Mozambique Mineral and Energy Cooperation Demonstration Zone well, injecting 'Jin'ang momentum' into the rapid development of Mozambique's mineral and energy industry while serving the overall national resource development strategy.
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