On October 11, Monseigneur Luhut, President Ambassador of Indonesia, Initiator of Cooperation with China and Coordination Minister met the Group President Chen Xuehua in Tengchong, Yunnan, and listened to the specific report of Huayou about its investment in Indonesia and project construction.
During the forum, Monseigneur Luhut firstly showed his thanks to Huayou for its positive response to Indonesia's fighting against COVID-19. He also praised Huayou's down-to-earth measures of "focusing both the epidemic prevention and production" and rising operation performances in the complicated context. Monseigneur Luhut said that they had established profound friendships and mutual trust with Huayou; the solid cooperation foundation would last long under the guidance of the original will. Monseigneur Luhut said that both parties had a broad cooperation space; Indonesia was willing to provide the good business environment for the China-invested enterprises like Huayou, and fully solve the bottlenecks in project construction. He hoped that Huayou could give full play to the advantages of the integrated lithium power industrial chain, promote the development of related industries in Indonesia, and enrich the domestic industrial chain in Indonesia. Meanwhile, he hoped that both parties could strengthen connections, expand the cooperation field, deepen the cooperation layout, promote the project construction, and realize the mutual benefit, win-win and joint development of both parties.
President Chen showed thanks to the reception of Monseigneur Luhut in the busy time, and reported the epidemic prevention of Huayou's project in Indonesia, related conditions of project construction and matters to be coordinated. President Chen said that it was very significant to discuss about the development plan with Monseigneur in the beautiful Yunnan. Huayou Cobalt's developing the nickel and cobalt resources in Indonesia is Huayou's mid-term and long-term development strategy planning and the demand of realizing the enterprise prospects. Meanwhile, it is the effective practice of responding to the country's "Belt and Road" Initiative. It is also the important proposition of transforming Indonesia's resource advantages and Huayou's technical advantages into Indonesia's core competitiveness. Huayou will stick to the investment idea of "making contributions to the local economic and social development wherever it invests", follow the original will, conduct cooperative establishment, and carry out widespread friendly cooperation with Indonesian and Chinese enterprises. It will set up a model for the economic and trade cooperation in both China and Indonesia, and make contributions to the friendship and development of people in both countries.