Cordoba's Special Advisor in China, Peter Zhou, who also serves as Special Advisor to Robert Friedland in China, commented, "JCHX has a long-standing relationship with the Ivanhoe group of companies. Over the past few years, JCHX has been involved with a broad range of mining projects that Mr. Friedland has founded and is developing. We are very pleased to see the cultivation of mutual trust that has resulted in JCHX's strategic investment. JCHX's successful track record in mining development and its corporate capability will be truly complementary to Cordoba and HPX."