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China National Minerals Co., Ltd.(MINCO) is the strategic business unit of China Minmetals Corporation dealing in the raw materials for the metallurgical sector. It is also a crucial component of Minmetals Development Co Ltd, a subsidiary of China Minmetals Corporation with its IPO launched in 1997 at Shanghai Stock Exchange and the Share Code being 600058. MINCO is mainly engaged in the business of comprehensive and integrated supply of iron ore, chrome, manganese, billets, steel, pig iron, scrap steel, obsolete vessel, coke, coal, ferroalloys, refractory materials and their products, barite, fluor***rs, talc and carborundum etc., as well as the import and export of complete sets of equipment for metallurgical and mining purposes. In 2008, the co***ny recorded sales revenue of approximate USD$6.8 billion.
As one of the most important predecessors of China Minmetals Corporation, the history of MINCO is traced back to 1950, when China Minerals Corp, the predecessor of the China Minmetals Corporation, was established. In 2000, in accordance with the development strategies of the China Minmetals Corporation, the original China National Minerals Co., Ltd., Minmetals Trading Co., Ltd., Minmetals Oriental Co., Ltd., Minmetals Beigang Steel Co., Ltd. and the Coke Department of Minmetals Development Co., Ltd. were incorporated and integrated into an entity specialized in the operation of the Strategic Business Unit of Raw Materials for the Metallurgical Industry, and the composition and contents of China National Minerals Co., Ltd. has been thus expanded.
Ever since, MINCO has implemented a strategy of properly acquiring upstream resources, strengthening strategic alliance and integrating logistic platform. By employing matrix marketing as its operation mode, a global marketing network has been formed. In 2003 and 2007, MINCO invested and integrated two ferroalloy producers, the Minmetals (Guizhou) Ferro-Alloys Co., Ltd. and the Minmetals (Hunan) Ferro-Alloys Co., Ltd., and its value chain has since been extended
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| Company: |
CHINA MINMETALS
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| Contact: |
Mr. luo xiaoqing |
| Address: |
No.5 sanlihe road,haidian district |
| Postcode: |
100044 |
| Tel: |
86 10 68494456 |
| Fax: |
86 10 68494599 |
| E-mail: |
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