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China MinMetals Corporation, founded in 1950, is a large sized group dealing worldwide in development, production, trading and operation for metals and minerals. It is also engaged in finance, real estate and logistics. In 1999, China Minmetals was listed among the 39 "key enterprises" with a great bearing on national security and economic lifeline under the direct jurisdiction of the Central Government. in the year of 2010, the Group was ranked No. 228 among the Fortune Global 500 around the world. At the same time, China Minmetals achieved a total business volume of US$37.6 billion in this year.

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, fluorspars, talc and carborundum etc., as well as the import and export of complete sets of equipment for metallurgical and mining purposes. In 2010, the company recorded sales revenue of approximate USD$12.8 billion.