China Minmetals Group Co., Ltd. (China Minmetals for short) was established on 1950. It is an important state-owned backbone enterprise with metal minerals as its core business and directly managed by the central government, and a pilot enterprise of state-owned capital investment companies. By the end of 2022, the total assets of China Minmetals exceeded 1 trillion yuan, and it owned China MCC (60 16 18. Shanghai, 16 18. HK)A+H listed companies. Five mainland listed companies: Minmetals Capital (600390. SH), Minmetals Development (600058. SH), China Tungsten Hi-Tech (000657. SZ), Zhu Ye Group (60096 1. SH), Changyuan Lithium Branch (688779. SH), and Minmetals resources (6549. In 20021year, the company's operating income exceeded 850 billion yuan, ranking 58th among the top 500 companies in the world.
In the development course of more than 70 years, China Minmetals has experienced three main stages. From its establishment to the reform and opening up, China Minmetals, as a professional trading company, is the main channel for the import and export trade of metal mineral products, hardware products and building materials in New China. After the reform and opening-up, China Minmetals has explored diversified and industrialized development in the market economy, and is one of the earliest enterprises in China. In the new century, China Minmetals started a strategic transformation around the metal mining industry, characterized by reorganization and merger. In particular, 20 15 and China Metallurgical Group, one of the world's top 500 enterprises, took the lead in opening up the whole industrial chain channel from resource acquisition to exploration, design and construction, mining and mineral processing, smelting and processing, and trade logistics, with a larger scale, richer formats and stronger risk resistance.
Today, China Minmetals has four pillars: metal minerals, metallurgical construction, trade logistics and financial real estate, and a business system with four pillars and eight pillars: mineral development, metal materials, new energy materials, metallurgical engineering, capital construction, trade logistics, financial services and real estate development. With the strategic vision of becoming a world-class metal mineral enterprise group with global competitiveness and the initial mission of serving the country and becoming a mining power, the company has become the main force of metal resource protection and the national team of metallurgical construction and operation.
In the field of metal minerals, the company has abundant metal mineral resources, with 38 domestic and foreign mines in Asia, Oceania, South America and Africa, including 5 overseas mines/kloc-0. The company's world-class mines such as Las Bombas Copper Mine in Peru, Dugar River Zinc Mine in Australia, Ramu Nickel Cobalt Mine in Papua New Guinea and Shizhuyuan are operating stably. The metal varieties operated by the company cover more than 70% of China's strategic mineral catalogue, and the resources of tungsten, crystalline graphite and bismuth rank among the top in the world, while the resources of copper, zinc, lead and antimony rank first in the world.