Qiya Group signs mineral development cooperation MOU with Cote d'Ivoire

From May 26 to 28, 2026, China's Qiya Group and official representatives of Cote d'Ivoire formally signed a Memorandum of Understanding (MOU) on mineral development cooperation in Abidjan, the country's economic capital. The agreement outlines an investment plan exceeding RMB10 billion (USD147.41 million) for the first phase of the project, which will involve the development of large-scale, multi-category mining operations and a 200,000-ton-class specialized bulk cargo port, marking a landmark initiative for practical cooperation across the full industrial chain of China-Africa mining.

The partnership was facilitated by the Investment Promotion Center of Cote d'Ivoire (CEPICI). For Qiya Group, this MOU represents a key strategic move to answer the Belt and Road Initiative, deepen China-Africa production capacity cooperation, further expand its footprint in West Africa's mineral resources sector, and optimize its global raw material supply chain layout. Under the agreement, the first phase of the project will involve the development of 6 to 9 large-scale mines covering bauxite, manganese, iron, rare earths, and other mineral types. In parallel, a 200,000-ton-class specialized bulk cargo port will be constructed in a coastal area, ultimately creating an integrated, closed-loop operational system covering mining, local storage and transportation, and ocean shipping--achieving full-link resource autonomy and control.