Brief Introduction of China Minmetals Corporation

China Minmetals Group Co., Ltd., founded in 1950, is a large enterprise group mainly engaged in the development, production, trade and comprehensive services of metals and mineral products, and concurrently engaged in finance, real estate and logistics. Now it is directly supervised by the State Council SASAC. 65438-0992 China Minmetals Corporation was identified by the State Council as one of the first 55 enterprise groups in China and one of the seven authorized state-owned assets management units. From 65438 to 0999, China Minmetals Corporation was listed among the 44 key state-owned enterprises under the central management. In 2007, the total business of China Minmetals was 21800 million USD, and its profit reached 7 billion RMB. In the same year, China Minmetals was rated as Grade A in the performance appraisal of central enterprises. 20 12 ranking of top 500 enterprises in the world 169, 20 13 ranking of top 500 enterprises in the world 192. China Minmetals implements the development strategy to realize the all-round development of ferrous metals, nonferrous metals, finance, real estate and logistics. In order to build an industrial value chain, China Minmetals deepened its strategic transformation, optimized its resource allocation and established a solid industrial foundation. The company has changed from a traditional state-owned enterprise with a strong planned economy in the past to a modern enterprise with independent operation and strong competitiveness under the conditions of socialist market economy; From a simple import and export trading company in the past to a multinational company that relies on resources and integrates upstream and downstream; From a pure product management enterprise to an asset capital management group combining industry and finance. In 20 15 years, 1 realized the total business volume of 2180.6 billion yuan, and the total business volume of commodities was 84.003 million tons. Among them, the output of iron concentrate was 6.836 million tons, a year-on-year increase of 2.6%; Copper output was 2 1.7 million tons, a record high; Steel exports totaled 3.339 million tons, ranking third in the country.