Import Business of Newman Mining Blocks from Australia Successfully Completed by Gansu International Logistics Group
Recently, the import of 170,000 tons of Newman mining blocks from Australia by Gansu International Logistics Group has been successfully completed, achieving a trade volume of 120 million yuan. The shipment has arrived at the port and entered the sales phase. This not only marks a new breakthrough for Gansu International Logistics Group in the field of international bulk mineral resource trade but also represents an innovative achievement in full-chain supply chain integration.
According to reports, this import of Newman mining blocks from Australia marks the first cooperation between Gansu International Logistics Group and an internationally renowned trading company. Recently, the first shipment of Newman mining blocks successfully arrived at Lianyungang Port. The entire process, from contract signing to the arrival of the goods, took only 49 days, setting a new record for operational efficiency. Currently, contracts for the subsequent two shipments of Newman mining blocks have already been signed and are progressing according to plan.
The Financial Business Department of Gansu International Logistics Group and Wanda Logistics Company, which undertook this project, broke down resource barriers by vertically integrating various entities in the supply chain—including upstream resource enterprises in Australia, international maritime logistics, domestic port freight forwarders, and downstream factories, mines, and traders—while horizontally collaborating with financial service institutions such as banks and insurance companies. This established an integrated supply chain system encompassing "upstream resources + logistics transportation + port operations + downstream sales + financial support." As a result, they successfully optimized letter of credit issuance rates and insurance costs, effectively reducing overall trade costs. This achieved a full-chain closed-loop operation from source organization to terminal delivery, forming a smooth, efficient, replicable, and scalable operational model for international commodity trade.
The successful implementation of this project has established a model for regional state-owned enterprises to engage in international commodity trade. It has injected new momentum into Gansu's integration into the international mineral resource supply chain system and enhanced the capacity of the regional logistics and trade hub.
Editor:伏娅敏