Loading…
Loading…
China Minmetals Corporation is a Beijing-headquartered, SASAC-owned state enterprise formed by the 2016 merger of the former China Minmetals Corporation and China Metallurgical Group Corporation (MCC).
Group exposure score is 45 including 3 tracked subsidiary — standalone is 53.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 3 suppliers. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
MMG Dugald River Pty Ltd (Seller) signed the Dugald River Zinc Concentrate Sales Agreement (17 Feb 2025) with Minmetals North-Europe, 'a wholly-owned subsidiary of CMC, the ultimate controlling shareholder of' MMG -- disclosed by MMG as a continuing connected transaction. Quantity 'approximately 100,000-120,000 dry metric tonnes of Product (+/-10% at Seller's option) per annum' for 2025-2027, priced on LME zinc plus LBMA silver less an annually negotiated treatment charge; annual cap US$200.0m. Filing: 'China is an important market for zinc concentrate and the CMC Group has investments in several major Chinese zinc smelters which are in a position to process Dugald River zinc concentrates.'
MMG Annual Report 2025, continuing connected transactions: Las Bambas CMN Copper Sale Framework Agreement (27 June 2014) for sale of Las Bambas copper concentrate 'to the CMN Group' (China Minmetals Non-ferrous Metals Co., Ltd., CMC subsidiary); offtake 'is for the term of the life of the Las Bambas mine'. 2025 cap 277,000 t Cu contained; 'approximately 240,000 tonnes of copper contained in copper concentrate were sold by MMG SA to members of the CMN Group' in 2025. Receiving smelter not named.
MMG connected-transaction announcement, 13 January 2026: Minmetals Album Company Limited (Macau, indirect wholly-owned subsidiary of CMC) buys 'approximately 36,000-48,000 dry metric tonnes' per contract year of Khoemacau (Botswana) copper concentrate from Khoemacau Copper Mining; annual cap US$220.0m for each of 2026 and 2027. 'China is an important market for copper concentrate and the CMC Group has investments in copper smelters which are in a position to process Khoemacau copper concentrates.'
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
3 other tracked dossiers name this company as a counterparty in its own sourced disclosure — this platform never wrote these rows on this company's own page, they are read here inverted from the dossier that disclosed them. This is a partial view: 982 additional named-counterparty rows across the corpus could not be matched to a tracked dossier by name at all (mostly non-Latin legal names), so the true count is higher than what renders here.
MMG Dugald River Pty Ltd (Seller) signed the Dugald River Zinc Concentrate Sales Agreement (17 Feb 2025) with Minmetals North-Europe, 'a wholly-owned subsidiary of CMC, the ultimate controlling shareholder of the Company' -- disclosed as a continuing connected transaction. Quantity 'approximately 100,000-120,000 dry metric tonnes of Product (+/-10% at Seller's option) per annum' for 2025-2027, priced on LME zinc plus LBMA silver less an annually negotiated treatment charge; annual cap US$200.0m. Filing: 'China is an important market for zinc concentrate and the CMC Group has investments in several major Chinese zinc smelters which are in a position to process Dugald River zinc concentrates.'
Annual Report 2025, continuing connected transactions: 'On 27 June 2014, MMG South America Company Limited (MMG SA) entered into an agreement with CMN in relation to the sale of copper concentrate ... from the Las Bambas Project to the CMN Group (Las Bambas CMN Copper Sale Framework Agreement)'; the Offtake Agreement 'is for the term of the life of the Las Bambas mine'. 2025 cap 277,000 t Cu contained; 'During the year ended 31 December 2025, approximately 240,000 tonnes of copper contained in copper concentrate were sold by MMG SA to members of the CMN Group'. CMN = China Minmetals Non-ferrous Metals Co., Ltd., controlling shareholder. Destination smelter not named.
Sales agreement dated 13 January 2026 between Khoemacau Copper Mining (Seller) and Minmetals Album Company Limited (Buyer, Macau, indirect wholly-owned subsidiary of CMC) for 'approximately 36,000-48,000 dry metric tonnes of Product (+/- 10% at Seller's option) per contract year' of Khoemacau copper concentrate; annual cap US$220.0m each for 2026 and 2027. Filing: 'China is an important market for copper concentrate and the CMC Group has investments in copper smelters which are in a position to process Khoemacau copper concentrates.' Predecessor 2024-25 agreement with CMN: US$88.2m transacted in 2025 (Annual Report 2025).
Scope. This section is inverted evidence: each linked dossier wrote the original row about itself, describing its own relationship to this company. It is never a claim this company itself disclosed. Absence here is not evidence of no relationship — most of the corpus has no named-counterparty block at all yet.
This company sits on the supply side for 7 of its 7 materials — a restriction on those is a tailwind, not a headwind.
As a producer, policy pressure across its produced materials is rising.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.