CITIC Metal Co., Ltd. is a wholly-owned subsidiary of China CITIC Group Corporation (hereinafter referred to as "CITIC Group"), mainly engaged in the import and export trade and industrial investment of metallurgical raw materials and metallurgical products. Its main products are ferroalloy, mineral products, steel, coal, non-ferrous metals and metal products. Organizations include niobium products business department, mineral resources department, nonferrous metals department, coal department, iron and steel department, industrial investment department, risk control department, planning and finance department, human resources department, comprehensive management department and Shanghai office. With 68% of the world's niobium resources, it has the right to decide the price of niobium, and the price increase of niobium is operable.