Minmetals Development was established on May 2, 20081997. The company is mainly engaged in the trade and production of steel and metallurgical raw materials, as well as logistics, bidding and investment. It is a multinational modern enterprise. China Minmetals Corporation, the controlling shareholder of the company, is one of the 44 key state-owned enterprises managed by the central government. The company's total share capital is 65.438+0.72 billion shares, of which China Minmetals Corporation holds 68.65438+0 billion shares, accounting for 63.50% of the total share capital; Other shareholders hold 39,654.38 billion shares, accounting for 36.50% of the total share capital.
Minmetals Rare Earth was originally named Shanxi Guan Aluminum Co., Ltd. on March 2, 2065438, Kloc-0, and the company name was officially changed to "Minmetals Rare Earth Co., Ltd." with the approval of Shanxi Administration for Industry and Commerce. At present, the company's total share capital is 980 million shares, of which Minmetals Rare Earth Group Co., Ltd. holds 235 million shares, accounting for 23.98% of the total share capital; China Minmetals Corporation holds1950,000 shares, accounting for 19.92% of the total share capital. The actual controller of the company is China Minmetals Group Co., Ltd.