BRI brings gains for mineral firms

Mineral companies are reaping rich rewards from China-proposed Belt and Road Initiative with increased global alliances, investments, higher demand for steel, aluminum and other rare metals, experts said on Friday.

According to Peng Qiming, head of China Mining Association, many Chinese companies have a better understanding of overseas policies and regulations which are essential for their success in overseas markets, thanks to China's well-developed communications with economies involved in the BRI.

"Many Chinese mineral companies are cooperating with leading global players to jointly make and process metals in other countries," Peng said.