To tackle the challenges posed by global green development regulations and seize the opportunities presented by green development worldwide, GEM signed a Memorandum of Understanding (MoU) on January 24, 2024, with Anglo American plc Singapore, a well-known global resource enterprise, to strengthen the collaboration in the research and development of nickel products and processing technology for battery materials. The MoU was signed at GEM (Shenzhen) Super Green Technology Institute.Mr. John Eastwood, the Global Marketing Director for Nickel and Stainless Steel Raw Materials at Anglo American plc, and Dr. Hu Ronghui, the Vice President for Basic Metals in China, together with Professor Xu Kaihua, the Chairman of GEM Group, attended the signing ceremony.

Anglo American plc is a world-leading mining company with operations in copper, nickel, platinum group metals, diamonds, high-quality iron ore, and coking coal for steel production. It has excellent geographical advantages in the European and American markets and is one of the Fortune Global 500 companies. The company's goal is to achieve carbon neutrality by 2040.

According to the MoU, GEM and Anglo American plc will collaborate globally within the ESG (Environmental, Social, and Governance) value framework. They will address a range of solutions related to responsible production and procurement of nickel and other battery products, environmental, social, and governance initiatives, technology, and business development. They will also work together to promote sustainable products and services for global markets, clients, and stakeholders. The companies will collaborate to achieve the sustainability goals of both parties and sincerely optimize the ESG cooperation value.The two sides will establish three working groups: the Trade Cooperation Working Group, the ESG and Sustainable Development Working Group, and the Research and Development Working Group. These groups will be dedicated to strengthening the commercial partnership between the two sides, enhancing the value of ESG and sustainable development cooperation, and developing battery material processing technology, to promote the implementation of cooperation goals faster and better.

"Today, three years after it was first proposed, the partnership between GEM and Anglo American plc has become a reality, connecting the two companies in their values and culture!" At the signing ceremony, Chairman Xu Kaihua first thanked the Anglo American plc team for their attention to the partnership with GEM and sincerely expressed his relections on this cooperation.

First, to learn from Anglo American plc. With a hundred years of development,  Anglo American plc has become one of the world's largest mining companies and is one of the Fortune Global 500 companies. The scale of its platinum group metals and precious metal recycling industry is the largest in the world, which is remarkable! In the future, GEM will benchmark the team spirit and cultural values of Anglo American plc, strive to become a Fortune Global 500 company, and expand and strengthen the scale of the resource recycling industry.

Second, to strengthen international cooperation. "Overcapacity," "overwork," and "competition" are the current industry development themes, and the fierce competitive situation has spread from China to the world. Only by building chains and circles with world-class enterprises can we survive in the competition of the industry. In the past five years, GEM has been cooperating with world-class enterprises to build chains, jointly establishing a nickel resource joint venture factory in Indonesia with Tsingshan Holdings, cooperating with Indonesian mining giants, and cooperating with South Korean new energy leaders to ensure GEM's core position in the global new energy market. Now, GEM wants to cooperate with Anglo American plc, the European and American "chainhead," to build a stronger chain to deal with current and future world competition.

Third, to strive to become Anglo American plc’s most trusted and reliable partner in China. No matter how the world is overturned and changed, GEM will actively respond to global green development regulations, jointly respond to the development changes of the world market with Anglo American plc, seek new opportunities, and become a shining example of cooperation between Chinese and European and American enterprises.

Finally, Chairman Xu Kaihua welcomed Anglo American plc's friends to frequently visit and exchange with GEM and hoped that the cooperation between the two sides would become increasingly profound, mutually achieving success and achieving win-win results, and usher in a brighter prospect of cooperation!

Director John Eastwood expressed his gratitude for GEM's long-standing support. He stated that compared to Anglo American plc, a "century-old store," GEM is a young company. However, its growth potential, core competitiveness, technological level, industrialization capability, professionalism, and team spirit are worth learning from. Director John Eastwood pointed out that  Anglo American plc has spent a lot of time thinking about the meaning of its existence as a "century-old store": how to improve the environment on the basis of traditional mining companies. Meanwhile, GEM is processing waste resources from the perspective of a circular economy by mining "urban mines". The two sides have commonality in their existence, both aiming to improve human life, enhance the environment, and conserve resources. Based on shared values, there are many opportunities for cooperation between the two sides, especially in technology and research and development. "The road ahead is long, and this is just the beginning." Finally, Director John Eastwood expressed his belief that the friendly cooperation between Anglo American plc and GEM will last for a long time!

At the ceremony, Director John Eastwood and Chairman Xu Kaihua signed the agreement as representatives of their respective companies.

The cooperation between GEM and Anglo American plc further consolidates the strategic partnership between the two sides, leading to a deep collaboration where strengths complement each other. Expanding business cooperation is an effective measure that GEM is taking to address the competition in the international and domestic industry. This cooperation will effectively expand the development space of the company's nickel products in global markets such as Europe and America and firmly grasp the dominance in the new energy industry in the shift from domestic to international competition. Through joint research and development of cutting-edge technologies in the value chain cooperation field, GEM and Anglo American plc will further strengthen the core competitiveness of the company's new energy full-life cycle industry chain and ensure its core competitiveness and market competitive advantage in the global new energy materials field. At the same time, this is also a high-level cooperation for the two sides to help achieve global carbon neutrality goals and sustainable development goals of the United Nations, which will continue to expand the promotion of the company's ESG brand value globally and promote the company's sustainable and high-quality development.

The signing ceremony was attended by Zhang Jianfeng, the Asia Pacific sales manager for nickel products at Anglo American plc, Paul Illsley, the battery material market manager, Gennady Agrest, the base metal trader, Zheng Ye, the battery material sales manager, Zhang Chunyan, the stainless steel material sales manager, Zhou Jing, the base metal analyst, Zhou Bo, a board member and executive vice president of GEM, Jiang Miao, the vice president of GEM, and Zhang Wei, the vice president of GEM.

GEM and Anglo American plc sign a MoU to strengthen cooperation in the research and development of nickel products and power battery material processing technologies

GEM and Anglo American plc hold a discussion to exchange ideas

Professor Xu Kaihua, Chairman of GEM, delivers a speech

Mr. John Eastwood, Global Marketing Director (Nickel and Stainless Steel Materials) of Anglo American plc, delivers a speech

Prior to the signing ceremony, Mr. John Eastwood, Global Marketing Director (Nickel and Stainless Steel Materials) of Anglo American plc, and his team visited GEM's "Urban Mines" museum

Before the signing ceremony, Mr. John Eastwood, Global Marketing Director (Nickel and Stainless Steel Materials) of Anglo American plc, and his team visited GEM (Shenzhen) Super Green Technology Institute