On June 20, 2019, Hudson Mining Ltd, a subsidiary of Globelink China Investment Group makes an announcement of its opening ceremony.
Hudson Mining is committed to serving Nigeria’s (Nigerian) national strategy and developing mineral exploitation and processing, mining machinery and equipment manufacturing into Nigeria's core economic pillar. Relying on the advantages of its parent company, Hudson Mining will bring Nigeria market, technology, equipment and capital. Hudson Mining is the first project investment of the Globelink China Investment group in Africa, which is a practice in the implementation of China-Africa cooperation and “One belt, One road” policy. With the beneficial guidance and assistance from Nigerian Investment Promotion Commission and the support from Nigerian Solid Mineral Association and other mining industry leaders, the project is implemented.
Nigeria, as the largest economy in Africa, has a young demographic structure and extremely rich natural resource reserves. The bilateral trade between Nigeria and China is increasingly growing. In 2018, the year on year growth of bilateral trade volume between China and Nigeria has increased by 10.8%’, in which China's exports has increased by 10.3% and its imports by 14.6%. Nigeria's export business is growing rapidly, even it has a small scale entirely but with a great potential for expansion. Strategically speaking, African countries that Nigeria represents have a close dependence and natural complementation with China's economy. Nigeria is abundant in energy, mineral resources and agricultural resources, and China has relatively advanced technologies, abundant funds and strong market demand. The deep collaboration between China and Nigeria is in the fundamental interests of the peoples and enterprises from both countries.
Hudson Mining will enhance Nigeria's mineral industry's global competitiveness with the advanced mineral processing plants. Further, Hudson Mining will provide the services in renting, selling, and assembling mining and mineral processing machinery and equipment and the support in technology of mining and information to Nigerian industrial partners to help Nigerian mineral industry establish close ties with mineral distributors, processing enterprises and futures markets in China and the rest of world. Based on these efforts, Hudson Mining will gradually go into Nigeria's mineral exploration, mining, and refining areas. To achieve this series grand blueprints, Globelink China Investment Group decides to invest US$3 million in Hudson Mining LTD initially and increase to US$30 million at the first phase of the project.
Hudson Mining will strive to establish a development community together with Nigeria's mineral industry partners to upgrade the extensive mining production model to bring value to Nigeria and the countries that use mineral products, and turn Nigerian mineral resources into a sustainable development industry. We provide supply chain services to partners, promote local economic development, and create employment opportunities. Take responsibility for upgrading Nigeria's mineral industry.