Fortescue to be Diamond Partner of the 2020 Boao Forum for Asia

Jan 16, 2020

Fortescue Metals Group (Fortescue) is again proud to support the prestigious Boao Forum for Asia (BFA) as a Diamond Partner for the twelfth consecutive year.

BFA provides an important platform to further broaden and deepen Australia’s business and political relationships in Asia and will take place on Hainan Island, China from 24 March – 27 March 2020. Fortescue will host a senior Australian delegation which will centre around the BFA theme of “A world in change: bond together for a shared future”.

Fortescue will also facilitate a meeting of the China-Australia Senior Business Leaders Forum (SBLF) on the sidelines of the Forum. The SBLF was established in 2013 with the aim of increasing engagement between China and Australia at the most senior levels of business and fostering strong bilateral business relationships.

Fortescue Founder and Chairman, Mr Andrew Forrest AO, who is also the co-chair of SBLF said, “The last twelve months has brought Australia and China’s bilateral relationship to the forefront of public dialogue. It is critical that we continue to strengthen this relationship and advance areas of mutual benefit, including our important trading partnership across many industry sectors.”

“The SBLF is the only purely business forum operating at this senior level as a key contributor to the Australia‐China relationship and, together with BFA, offers an unparalleled chance to network at the highest level with Asian and global leaders across politics, business and academia,” Mr Forrest said.

Chief Executive Officer, Elizabeth Gaines said “The BFA provides a unique opportunity to discuss issues relevant to our region including China’s ambitious Belt and Road Initiative (BRI), which presents long term opportunities for Australia’s resources industry and Fortescue.

“Both BFA and the SBLF are important elements of Fortescue’s multifaceted approach to engaging with China, which extends beyond the supply of iron ore to include important relationships across procurement, investment and finance as well as academic and social linkages,” Ms Gaines said.