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State Grid Corporation of China

utility-energy·🇨🇳 China·✓ Company-verified

State Grid Corporation of China (SGCC) is the world's largest electric utility by revenue and customers served, a state-owned enterprise that owns and operates transmission and distribution grids across roughly 88% of China's land area (the remainder served by China Southern Power Grid).

Supply-risk report · CRMA Art. 20–25 assessment Policy outlook · threats, impact & strategy

/ 100

Low

Binding chokepoint

copper 37

Controller

🇨🇳 CN 48%

Measures, 24m

63 · 1 total mentions

Scored exposures

3 materials

Its binding exposure, copper, is controlled by CN at 48% of refined output.

Corporate structure

—

Free float, subsidiaries & legal entitiesShow

State-owned Assets Supervision and Administration Commission of the State Council (SASAC); State Grid Corporation of China is itself a wholly state-owned sole proprietorship, no parent companyshare not disclosed

Material exposure

3scored materials

Every exposure is read as a buyer dependency; the top 3 are its binding chokepoints.

copper🇨🇳 CN 37

silicon🇨🇳 CN 33

aluminium🇨🇳 CN 21

Supply-pressure direction · as consumer

rising3 of 3 exposures computable

As a buyer, policy pressure across its consumed materials is rising.

aluminium🇨🇳 CNrising

silicon🇨🇳 CNrising

copper🇨🇳 CN · bindingflat

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.

Policy measures, last 24 months

No actions in the register have named or swept this company in the last 24 months.

See all in the register →

If passed, would hit their inputs

42proposals matching this company's materials

DRC — Interministerial Arrêté Banning Export of Unprocessed Copper and Cobalt Concentrates (29 June 2026, replaces 4 August 2023 framework)🇨🇩 highcopper, cobalt

Guinea — Ministry of Mines plan to reduce bauxite export volumes to support prices (differential quota/allocation tied to downstream-investment commitments)🇬🇳 lowbauxite

Zambia SI No. 43 of 2026 — Customs and Excise (Suspension) (Copper Concentrates) (No. 2) Regulations, 2026🇿🇲 highcopper, cobalt

3 more of 39Show

African Union / AfDB — continental harmonisation of mining legislation toward a ban on unprocessed critical-mineral ore exports (Abidjan Ministerial Forum outcome) lowcobalt, copper, lithium, manganese, bauxite, graphite, rare-earths

China — MOFCOM/GACC suspension of ordinary industrial & smelter-byproduct sulfuric acid exports (in force from 1 May 2026)🇨🇳 highcopper, phosphate, sulphur

Guinea — Nimba Mining Company (NMC, 100% state-owned) / Glencore bauxite pre-financing and marketing agreement🇬🇳 lowbauxite

Supplier alternatives

3of 3 exposures have a viable non-dominant substitute · avg lead 9mo

copper🇨🇳 CN 48% → 🇨🇩 CD6-12mo

silicon🇨🇳 CN 80% → 🇩🇪 DE6-12mo

aluminium🇨🇳 CN 61% → 🇮🇳 IN6-12mo

Last register action 18 Jul 2023 · 0 in the last 12 months. Material exposures are company-verified; scores are footprint-adjusted and buyer-relative.

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State Grid Corporation of China

utility-energy·🇨🇳 China·✓ Company-verified