00:00Ladies and gentlemen, it's my great pleasure to go and welcome you all.
00:18How are you going? Good to see you. Good to see you again.
00:22How are you going? Hi. How are you going? Good to see you.
00:26Thank you all for coming. You too.
00:32This is Mr. Leo Chairman. How are you going?
00:38Good to see you. Good to see you.
00:45Mr. Bo from Shokan.
00:47Mr. Bo from Shokan.
00:49Mr. Wong from Bauhausen.
00:50Hi. How are you?
00:52Mr. Cho from Shokan.
00:53Hi. How are you?
00:54Good to see you.
00:55Nice to meet you.
00:57Australia and China's iron ore and steel sector partnership has contributed to both countries' economic development for decades.
01:06Australian miners are reliable and stable suppliers of iron ore, responsible for almost 60% of China's iron ore imports.
01:18And that iron ore goes into Chinese steel production which accounts for over 50% of global supply.
01:25As both countries cooperate to advance decarbonisation we also need to work together to address global excess steel capacity.
01:35It is in both countries' interests to ensure a sustainable and market driven global steel sector.
01:42While government has an important role to play, we know it will be industry that drives the major developments to decarbonise the sector.
01:50The Australian government is committed to supporting these industry-led efforts.
01:55The Australian Davis- …
01:59Ladies and gentlemen, it is my great pleasure to go and welcoming you all.
02:14Happy to see you again.
02:17How are you going?
02:18Good to see you. Thank you all for coming.
02:48Hi, how are you?
02:50Nice to meet you.
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