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BLOG: Channar joint venture winds up after 33 years

ABSTRACT

The Channar Mining Joint Venture, China’s first-ever overseas iron ore mining investment initiated back in 1987 between Sinosteel Corp and Rio Tinto and which ceased operations last December, has been hailed this week.
Celebrations to mark the long-term cooperation between the partners – and the three extensions the joint venture enjoyed – were held on April 9 simultaneously in Beijing and Perth, according to Rio Tinto’s WeChat sharing on April 12. I’m not sure whether COVID-19 had somehow delayed farewelling Channar Mining but the celebrations were surely warranted. Over

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