Is nonferrous group a state-owned enterprise or a private enterprise?
It is a state-owned enterprise. According to relevant information, China Nonferrous Mining Group Co., Ltd. was established in 1983. It is a large-scale central enterprise managed by the State Council State-owned Assets Supervision and Administration Commission, and its main business is non-ferrous mineral resources development, construction engineering, related trade and services. Since its establishment, it has adhered to and carried forward the "going out" feature, and is one of the earliest enterprises in China nonferrous metals industry to "go out" to carry out international investment and cooperation, covering more than 80 countries and regions, including more than 30 countries and regions along the Belt and Road. There are more than 30 secondary funded enterprises at home and abroad, involving more than 40 kinds of non-ferrous metals, and overseas heavy non-ferrous metal resources exceed 20 million tons, covering the whole industrial chain of non-ferrous metal development, which can provide customers with all-round mineral development solutions. China National Color Group is the enterprise with the longest "going out" to develop copper resources, the most complete industrial chain and the largest number of projects in China, ranking among the top 50 enterprises in China 18, 38 among the top 500 multinational companies in China, 34 among the top 500 manufacturing enterprises in China and 65,438 among the top 500 Chinese enterprises.