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China Minmetals Corporation

China Minmetals Corporation
中国五矿集团公司
State-owned enterprise
Industry Trading company
Founded 1950
Headquarters Beijing, China
Area served
Worldwide (34 countries and regions)
Key people
He Wenbo (何文波) (Chairman)
Products Iron
Steel
Commodities
Copper
Zinc
Lead
Marine Shipping
Mining
Real Estate
Finance
Revenue CN¥322.757 billion (2014)
Number of employees
177,000
Subsidiaries China Metallurgical Group Corporation
Website www.minmetals.com

China Minmetals Corporation is a Chinese metals and mineral trading company headquartered in Beijing. It is a state-owned corporation under direct supervision of the State-owned Assets Supervision and Administration Commission (SASAC). China Minmetals is engaged in the production and trading of metals and minerals, including copper, aluminum, tungsten, tin, antimony, lead, zinc, and nickel.

It is one of the largest metals and minerals trading companies in the world and the largest iron and steel trader in China. The company handles more than 12 million tons of steel products annually. It also trades iron, coke, coal, copper, zinc, and lead. In addition to the trade of metals, China Minmetals also trades in electrical products and operates subsidiaries that focus on real estate development, marine shipping, mining, and other investment activities.

In the United States, the company operates as Minmetals Inc, with its North American headquarters located in Weehawken, New Jersey, US. It is a member of the United Nations Global Compact's LEAD, a new platform established in January 2011 for corporate sustainability leadership.

Minmetals' sales network is worldwide. It operates more than 100 offices in China and more than 40 companies abroad. China Minmetals Corporation was founded in 1950.

Minmetals, parent of Hong Kong-listed Minmetals Resources Ltd (1208.HK) and Shanghai-listed Minmetals Development (600058.SS), is focusing its overseas expansion on Latin America and Africa to secure natural resources to supply a fast-growing Chinese economy.


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