Guangxi Gulf Resources Development Co.,Ltd.

Guangxi Gulf Resources Development Co., Ltd is the wholly owned subsidiary of Wenfu Intertrade Gulf Resources Guangxi Limited. Wenfu Intertrade Gulf Resources Guangxi Limited is a State Assets Administration Committee -owned company, and also is the key project during the eighth and ninth Five-Year-Plan period. At present, the company is devoting to the exports of coke, electricity coal to East Asia, Southeast Asia and southern Asia areas, and still imports coal from North Korea, Australia, Indonesia, Vietnam and Zimbabwe areas, in order to supply the domestic electric power plants, meanwhile, they plan to import iron ore from Mexico, Brazil, India and South Africa, in order to provide the enough resources to domestic steel mills.

In China, the company collects electricity coal in Qinhuangdao, Tianjin port, Jingtang port, Yingkou port and Huahua port and then ship to the power plants. What’s more, it also collects fertilizer, minerals and chemicals in Yunnan, Guizhou and Hubei, then export to North Asia, South Asia and South Pacific countries and areas. At meantime, it purchases electricity coal, anthracite and coking coal from Vietnam or Guizhou, then supply for power plants, chemical and coke-oven plant. Besides, the company expand largely to trading of manganese ore, nickel ore, iron ore and ferroalloys.