Zhong Guo Xin Wen Wang·2025-07-16 06:16Core Viewpoint - The third China International Supply Chain Promotion Expo showcases collaboration between global mining giant Rio Tinto and China's largest steel producer, China Baowu Steel Group, focusing on innovative materials for the automotive industry and low-carbon solutions for electric vehicles [2][3][4]. Group 1: Company Collaborations - Rio Tinto and China Baowu are jointly presenting their latest iron ore project, the West Pit Iron Mine in Western Australia, which has a total investment of $2 billion and an annual production capacity of 25 million tons [3]. - The West Pit project is a continuation of the joint venture between Rio Tinto and China Baowu, with Rio Tinto holding a 54% stake and China Baowu holding 46% [3]. - The companies are also showcasing progress on the SimFer project in Guinea, with expected iron ore shipments starting in November 2025, and an estimated annual shipment volume of 500,000 to 1 million tons [3]. Group 2: Product Innovations - Rio Tinto is highlighting its innovative multi-material solutions, including iron, copper, aluminum, and lithium, which are essential for energy transition applications such as electric vehicles and energy storage systems [2]. - China Baowu is presenting its fifth-generation platform-based, integrated pure electric vehicle body solution, BCB EV® Meta, which aims to achieve lower carbon emissions while meeting higher safety standards for electric vehicles [3]. Group 3: Industry Trends - The CEO of Rio Tinto's China division emphasizes the importance of building a low-carbon, resilient, and inclusive supply chain, with China playing a crucial role in global manufacturing and low-carbon transition [4].