China Minmetals Corporation, referred to as "China Minmetals" or "Minmetals Group", was established in 1950. It is the largest and most internationalized metal mining enterprise group in China, the largest and strongest metallurgical construction and operation service provider in the world, and an important state-owned backbone enterprise directly managed by the central government, formed by the strategic reorganization of two Fortune 500 enterprises (formerly China Minmetals and China Metallurgical Group).
Headquartered in Beijing, China Minmetals Group Co., Ltd. is a large-scale international enterprise group mainly engaged in the development, production, trade and comprehensive services of metals and mineral products, and also engaged in finance, real estate and logistics.
The main business of China Minmetals Group
Ferrous metal industry: China Minmetals is the largest comprehensive supplier of raw materials for metallurgical industry in China and the largest steel trading enterprise in China, forming an integrated industrial layout of the upper, middle and lower reaches in the ferrous metal industry. The company reserves 600 million tons of iron ore and 250 million tons of coking coal. The export volume of products such as coke, coal, ferroalloy and refractory materials and the import volume of iron ore, scrapped ships, scrap steel and billet all rank among the top in China, with an annual sales of 20 million tons of steel.
Non-ferrous metal industry: China Minmetals is one of the most powerful non-ferrous metal resource-based enterprises in China at present, and its products involve metals such as copper, aluminum, tungsten, antimony, tin, rare earth, tantalum and niobium.
Financial services: China Minmetals takes the group company as a platform, actively exerts the internal synergy effect, and provides comprehensive financial services including internal settlement, bills, entrusted loans, leasing, securities, futures and insurance.
Real estate industry: China Minmetals has vigorously developed its real estate business, actively involved in commercial real estate, construction and installation and mine construction based on residential development and industrial real estate, and formed a unique competitive advantage in the industry.
Reference to the above content: Baidu Encyclopedia-China Minmetals Group Co., Ltd.