China Minmetals Corporation is a major Chinese state-owned enterprise specializing in the exploration, mining, processing, and trading of non-ferrous metals and minerals. It is involved in the production of copper, zinc, lead, nickel, and other metals, as well as in logistics and financial services related to the industry.
The company operates globally with significant activities in Australia, South America, Africa, and Southeast Asia through its subsidiaries. It is the controlling shareholder of MMG Limited, an international mining company listed on the Hong Kong Stock Exchange, which manages assets such as the Las Bambas copper mine in Peru and the Dugald River zinc mine in Australia.
Owned by the State-owned Assets Supervision and Administration Commission (SASAC) of the Chinese central government, China Minmetals plays a key role in securing mineral resources for China's industrial needs. It ranks among the world's largest metals and mining companies by revenue and is a prominent player in the global supply chain for critical minerals.
Also known as CMC.
Regulator flags risk that the deal could curtail low-carbon ferronickel supply into Europe, raising stainless-steel production costs and weakening resilience.
