China Minmetals, China’s largest metals and minerals group, said its copper imports from Chile will rise to about US$900 million in 2019, Xinhua News Agency reported, citing its president Guo Wenqing.

Guo made the remarks at a luncheon of Chinese and Chilean entrepreneurs Thursday. He is also the president of the Chinese section of the China-Chile Business Council, founded in 2005.

He said China Minmetals expects to expand cooperation with Chilean businesses and make more contribution to metal mining, trade, metallurgical engineering and infrastructure in Chile.

The firm was one of the earliest participants in the China-Chile economic cooperation and has witnessed the development of bi-lateral trade between the two, he said. The company imported China’s first shipment of electrolytic copper from Chile and have inked a 15-year sales deal with Corporación Nacionaldel Cobre de Chile.

Guo called on Chinese companies to expand win-win cooperation with Chilean partners in more areas, the report said.