A 15-member delegation of South32, a new company demerged from BHP Billion Ltd, visited NAIPU on April 28, 2015. Led by its VP Rowena Smith, and escorted by NAIPU’s CEO Cheng Sheng, the delegates took a tour through our Pipe&Valve Workshop, Vulcanizing Workshop, Rubber Compounding Center, Machine Shop, Pump Assembly Workshop and Materials Engineering Center.
With the workshop tour finished, both parties held a talk covering a variety of topics, from Naipu’s products R&D, marketing, long term targets to the introduction to the new company of South32, and possible tech and business exchanges between both sides in the future. After visiting, Rowena Smith highly appreciated Naipu’s strength of R&D, manufacturing capacity, quality control and management. This visit will help lay a solid foundation for further strategic cooperation and exchanges. The visit also shows that Naipu’s international reputation and industry influence are becoming stronger and stronger.
Combined by Broken Hill Proprietary Company from Australia and Billion Company from UK in 2001, BHP Billiton is the biggest mining company in the world. Its mining business covers aluminum, coal, copper, iron ore, manganese, nickel, silver, uranium, oil and gas in 25 countries around the world. It operates the largest copper mine of Escondida and as well as the Olympic Dam uranium mine with the largest reserves. With more than one hundred years’ business with China, BHP is the one of fastest-growing companies in the world Top 500.
On 6th of May, 2015, BHP Billiton shareholders have approved the demerger of South32, with the demerger resolution achieving 98 per cent in favour. The new company, South32, whose head office will be set in Perth, will take over the asset of aluminum, steam coal (partly), nickel (partly) and silver etc. The core assets of BHP will be the 19 assets located in 8 countries, which includes oil, copper, iron and coal, etc. According to the news, the majority of South32’s selected assets are located in the southern hemisphere – Australia, South Africa, Brazil and Columbia. These assets include Aluminum mine in Vaus Australia, South Africa, Brazil and Mozambique, coal plant in NSW Australia and South Africa, manganese mine in Australia and Africa, nickel mine in Columbia and the silver and Aluminum-Zinc mine in Queensland Australia.