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China Minmetals Corporation is China’s biggest and most international metal ore mining company born out of the strategic recombination of the former China Minmetals and the MCC Group, two of the Fortune Global 500. It is the world’s biggest and best metallurgical engineering service provider. It is headquartered in Beijing, with assets under management totaling 1.68 trillion yuan, including 860 billion yuan of assets and 820 billion yuan of financial assets under management. It operates branches, resource projects and contracted engineering projects in more than 60 countries and regions. In 2017, its business revenue registered 500 billion yuan and profits totaled 13 billion yuan. It ranked the 109th among the Fortune Global 500 in 2017, the highest of the metals industry.

China Minmetals boasts unique competitive edges throughout the full industrial chain. It is the first in the global metal ore mining sector to establish presence in the full industrial chain from resource acquisition, investigation, design, construction, operation to logistics and deep processing, capable of providing systematic solutions and integrated lifecycle services covering engineering, construction and operation to other metal mining companies.

With a rich reserve of metal mineral resources, it owns high-quality mines at home and in Australia, South America, Africa and other parts of Asia. It has one of the world’s biggest reserves of copper, zinc and nickel, and the world’s biggest reserve of tungsten, antimony and bismuth. With core technical strengths and outstanding capabilities in design and construction in metallurgical engineering, it has undertaken more than 90% of metallurgical engineering projects for medium- and large-sized iron & steel companies at home and 60% worldwide, thus reputed as China’s national team for metallurgical engineering. It is the world’s biggest producer of tungsten products and cemented carbide. It has a global trade network for procurement and marketing and tops China for years in terms of the distribution volume of metal ore products.

China Minmetals has established a rational, diversified asset portfolio, capable to withstand cyclical fluctuations of the metal mining industry and support the company’s sustained development. In the area of urban transport infrastructure construction, it is China’s top all-round solution provider and has completed the development of many urban new areas. In the financial sector, it has obtained all the licenses for providing financial services and fostered remarkable strength in trust, lease and securities business. In the real estate sector, it is one of the first 16 central SOEs designated by the State-owned Assets Supervision and Administration Commission to include real estate into its principal business, with highly visible subsidiaries such as Minmetals Land Limited and MCC Real Estate. In strategic emerging industries, it has formed remarkable competitive edges in six areas including utility tunnel construction, sponge city construction, and themed engineering construction.

China Minmetals has 32 state-level technology innovation platforms and key laboratories, hires more than 80,000 technical personnel and has been granted more than 20,000 valid patents, establishing indisputable technological and talent dominance in Chinese metal mining industry.

In the new era, China Minmetals will continue to “create unlimited value with limited resources” and “seize every day” to build a state-owned capital investment company in metal mining, shoulder the responsibilities of a leading supplier of metal mineral resources, a national team of metallurgical engineering and a comprehensive service supplier, and work relentlessly to grow into a world-class metal mining company.

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