China Minmetals Corporation is an international metals and mining corporation committed to providing high-quality services globally, adhering to a development philosophy of “cherishing limited resources and pursue boundless development”. It primarily engages in exploration, mining, smelting, processing and trading for metals and minerals, and is also engaged in finance, real estate, and mining and metallurgic technology, with business scope covering 28 nations and regions in the world. It has 177 thousand employees and controls nine listed companies at home and abroad.
Headquartered in Beijing, China Minmetals was founded in 1950, and has long played an important role as a major import and export channel for metals and minerals in China. Entering into the new century, the Group has comprehensively pushed forward strategic transformation from a traditional state-owned enterprise under the planned economy to a modern independently-operated enterprise with strong competitiveness, from a pure import and export company to a metals and minerals group backed up by resources and covering a whole industrial chain, and from a specialized company purely engaged in operation of products to an integrated group with combination of industry and finance. Over the recent years, Minmetals has also achieved remarkable mergers and acquisitions both at home and abroad. At present, the Group has six business centers, including non-ferrous metals business center, iron ore and steel business center, ferrous mining business center, finance business center, real estate business center, as well as science and technology business center. Among them, the three core business centers focusing on metals and minerals cover integrated and cohesive industry chains with global marketing networks; in respect of the other three diversified business centers, the Group has been constantly improving their synergetic supports for the core businesses, through optimized industrial structure, promoted integration of industry and finance as well as accelerated business expansion.