On July 20, the BTM Group signed through Minmetals Capital and Securities a USD200 million overseas loan agreement at the Bank of China Building in Hong Kong. CFO Shen Ling attended the ceremony and signed the contract on behalf of the BTM Group. This is another successful overseas mid-term syndicated loan arrangement following the previous ones obtained by Minmetals Capital and Securities in 2001, 2004 and 2006 respectively.

The mid-term loan initiated and organized by the BTM Group amidst the global financial crisis received warm market response and a heavy oversubscription. At the lowest cost of loans of its kind since the financial crisis of 2008, it reflects the confidence of international financial institutions in the future development of China Minmetals. The loan, which will be used in the Corporation's overseas operation, consists of a USD100 million three-year loan and a USD100 million revolving loan, jointly provided by six overseas banks including Bank of China (Hong Kong) Limited, Bank of Tokyo-Mitsubishi UFJ, Ltd., Banca Monte Dei Paschi Di Siena S.p.A. Shanghai Branch, Industrial & Commercial Bank of China (Asia) Limited, and Mizuho Corporate Bank, Ltd. Hong Kong Branch.

General Manager Yu Bo and Deputy General Manager Shi Dan of the Financial Division also attended the signing ceremony.