LEMINE INTERNATIONAL TRADE
LeMine International Trade is dedicated in promoting Canadian products to an extensive global platform based on the principles of equality, security and reciprocity. Our innovative representatives adhere to our corporate strategy of professionalism and integrity when forming partnerships with global elite trading groups. The International trade market is set to grow and our focus is Canada’s abundance of natural resources, commodities and agricultural products. We aggressively seek new markets for the import and export of products.
LEMINE’S $1 BILLION CANOLA OIL EXPORT
AGREEMENT WITH CHINA
LeMine Group was invited by the Honourable Ed Fast, Minister of Intern- ational Trade, to join the trade mission led by Canadian Prime Minister Stephen Harper to visit China and attend Asia-Pacific Economic Cooper- ation (APEC) Summit in Beijing. LeMine Investment Group has signed a significant export agreement of Canola Oil with China. This strategic cooperation between the two groups helps Canadian canola oil entering stable distribution channels in China which covers supermarkets and grocery shops spread over major cities and towns in China. Canola oil generated $12.8 Billion of Canadian GDP last year and is cons- idered one of the most important agricultural products of Canada. LeMine has foreseen the market potential of Canada’s canola oil in China and has a courageous move to put itself on board, which has certainly brought LeMine Group to a promising future of international trading. This strategic cooperation will make a great contribution to bilateral trade and economies.
HARPER'S BIG HARVEST IN CHINA
November 8th, 2014. In China World Trade Center where APEC Summit was held, a contract signing ceremony between Canadian and Chinese companies took place. Led by Canadian trade mission and Prime Minister Stephen Harper, LeMine Investment Group signed a $1 billion canola oil export agreement with China. During his third official visit to China, Prime Minister Stephen Harper witnessed the signing of more than 20 commercial agreements ( total worth over C$25 billion ) between Canadian and Chinese companies and organizations. This has shown the resolution of both countries to get deeper involved in trading and thus strengthens the economic ties. Major firms such as Air Canada, University of Alberta, FTG Aerospace and Suncor Energy, etc. were also participants of this ceremony. Among those commercial agreements, LeMine Investment Group and Bombadier shared the first place with a $1 billion contract with China.
CANADIAN CONDO SELLER
TAPS CHINA EDIBLE OIL DEMAND
WINNIPEG, Manitoba(Nov 26, 2014) (Reuters) - A Canadian company
better known for selling condominiums has walked into a C$1 billion
( $890 million ) deal to ship edible oil to China as consumer demand
there overtakes domestic supplies.
Guizhou Fengguan Group,a Chinese producer of oil from rapeseed,
contacted Toronto - based LeMine Investment Group this year about
securing canola oil, a variant of rapeseed that is crushed for cooking,
salad dressings and margarine.This month , LeMine , which had been
referred to Fengguan by a third party, signed a seven-year agreement
during Prime Minister Stephen Harper's visit to China, even though the
Canadian company has not yet secured supplies.
The deal will eventually put canola oil exported by LeMine into Chinese outlets owned by Wal-Mart Stores Inc, which sell rapeseed oil under the Fengguan brand , said LeMine Chief Executive Officer Thomas Liu. "China (produces) rapeseed oil, and production every year is ... not enough," Liu said in a telephone interview from Toronto. "It is a popular edible oil in China already." LeMine builds condos and is also involved in equity investments and legal and immigration services. Its international trade division has already exported Canadian cherries and blueberries to China.LeMine's export deal surprised some in Canada. Industry group Canola Council of Canada welcomed it, but was not familiar with LeMine's plans. Liu said LeMine is negotiating supplies with several Canadian canola crushing plants, declining to name them because the agreements were not finalized. LeMine plans to ship 200 tonnes of bulk refined canola oil to China in December, followed by a larger shipment in February. Initially, bottling and labeling will be done in China, but that work will eventually take place in Canada, Liu said.Canada shipped 885,000 tonnes of canola oil to China in 2013, making it the second-largest export market after the United States, according to Statistics Canada. LeMine is also in the early stages of planning its own canola-crushing plant, possibly with a partner, in the Western Canadian province of Saskatchewan, Liu added.