| China Nonferrous Metal Mining (Group) Co., Ltd. | |
| Native Name: | 中国有色矿业集团公司 |
| Native Name Lang: | zh |
| Type: | state-owned enterprise |
| Net Income Year: | 2015 |
| Assets Year: | 2015 |
| Equity Year: | 2015 |
| Owner: | Central Government of China |
| Parent: | State-owned Assets Supervision and Administration Commission of the State Council |
| Footnotes: | in consolidated basis[1] |
China Nonferrous Metal Mining (Group) Co., Ltd. (abb. CNMC,) is a Chinese corporation involved with the mining of non-ferrous mineral resources.[2] Established in 1983, it is a large central enterprise managed by the State-owned Assets Supervision and Administration Commission of the State Council.[3]
It is managed by the State-owned Assets Supervision and Administration Commission of the State Council.
The company was the parent company of four listed companies in China and in Hong Kong SAR, namely China Non-Ferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd., Ningxia Orient Tantalum Industry Co., Ltd., China Nonferrous Mining Corporation Limited and China Daye Non-Ferrous Metals Mining Limited.[4] It has mines in Zambia, Mongolia and Thailand, and a project in Laos.[2] It invests in copper, aluminum, zinc, nickel, tantalum, niobium, and beryllium.[2]
The company was founded in 1983,[2] [5] mainly to carry out international engineering business.In 2005, with the approval of the state-owned assets supervision, the company changed their name to China Nonferrous Metal Mining.[6]
Its president is Mr Luo Tao; its vice-presidents are Qiao Zou and Jiang Hao.[5]
In 2013, the company signed a deal worth US$712 million to construct a steel factory in Iran, thereby defying the sanctions imposed on Tehran by the US and European Union at that time.[7]
As of January 2017, the company is also in talks with Gecamines, a state-owned company of Democratic Republic of Congo (DRC), over a copper mining joint venture.[8]