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Geological Technical Service Agreement for Medina Sana Region
Seetao 2024-08-01 09:54
  • This project will help strengthen cooperation between the two countries in mineral resource exploration
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The geological technology service agreement for the gold target area selection project in the Medina Sana region of Saudi Arabia, signed between Hunan Petrochemical and Hong Kong Zhonghuan International Group, is not only a high recognition of the strength and professionalism of Hunan Geological Middle East Workstation, but also an important milestone in the deepening cooperation between China and Saudi Arabia in the field of mineral resources development. The official launch of this project indicates that Hunan Petrochemical will provide strong technical support for gold exploration work in Saudi Arabia with its rich geological exploration experience and advanced technological means, and assist in the effective development and utilization of local mineral resources.

At the signing ceremony and subsequent symposium, both parties not only discussed in detail the specific implementation details of the current project, but also deeply analyzed the current situation and future trends of the mining market in the Middle East and North Africa region. Both sides agree that with the continuous growth of global demand for mineral resources, the Middle East and North Africa regions, with their abundant mineral resources and unique geographical location, are gradually becoming hotspots for global mining investment. Therefore, strengthening exploration cooperation in the region will not only help companies from both sides achieve mutual benefit and win-win results, but also inject new vitality into the economic development of both countries and even the world.

In response to Saudi Arabia's gold and manganese resources, as well as Jordan's diversified mineral resources such as copper, rare earth, phosphate, and basalt, both sides expressed their intention to further strengthen cooperation in information sharing, technical exchanges, and talent training, and jointly explore efficient and environmentally friendly exploration and development models. At the same time, both sides also had preliminary discussions on possible future mineral exploration projects, expressing a strong willingness to continue deepening cooperation and expanding cooperation areas. Keywords: the Belt and Road news, the Belt and Road project, overseas project.

The successful signing of this cooperation not only lays a solid foundation for the further expansion of Hunan Petrochemical in the international mining market, but also sets a new example for the cooperation between China and Saudi Arabia in the field of mineral resource development. Both sides will take this opportunity to work together and promote the prosperous development of the mining market in the Middle East and North Africa, contributing more to global mining cooperation. (This article is from the official website of Jian Dao: www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website mechanical column editor/Zhou Yingwen

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