TOP International Holding Pte Ltd., a leading global mining and resources company, on November 11, 2024, announced the signing of a new bauxite purchase agreement with Lubei Group, a diversified multinational conglomerate and one of China's leading producers in fertilizers, chemicals, and minerals, including bauxite and alumina.
The agreement secures the supply of 2 million tonnes of bauxite to the Lubei Group in 2025, underscoring the strength of a strategic partnership that has been growing over the course of this year.
Victor Tan, CEO of TOP International, said, "We are thrilled to extend our partnership with Lubei Group into 2025. Since we began working together this year, our collaboration has grown from strength to strength, grounded in our mutual commitment to sustainable and reliable resource solutions. We are proud to partner with such an established and respected company and look forward to supporting Lubei Group's bauxite requirements as they continue to expand."
Jenn Shi Tan, Vice-President of Minerals and Resources of TOP International, added, "Securing this bauxite supply agreement is a strategic win for both companies. With bauxite demand on the rise, our ongoing partnership with Lubei Group not only ensures a stable supply chain but also enhances our presence in the market."
The new agreement highlights the synergy and trust developed between TOP International and Lubei Group. It also reinforces TOP International's commitment to sustainable supply practices, strengthening the company's role as a preferred supplier in the global market.
Image credit: TOP International Holding
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