The company is one of the largest in the world in terms of production and trade in metals. It handles about 12 million tons of steel a year and is ranked second in the world for its overall value. The company also engages in mining, marine shipping, and other investment activities. The CEO of China Minmetals is Jerry Jiao, who joined the company in 1992. His experience has helped the company build up a global presence, and he has been the company’s chief executive since then.
Its mission is to guarantee the nation’s metal resources. Its strategic vision is to establish itself as a world-class group of metal mining companies. In addition to mining, the company also exports coke, ferroalloys, and vessels for demolition. Its recruitment process is anonymous, and it informs China Minmetals about potential employees through Comparably.com. It is the best way to stay informed about the latest jobs at China Minmetals.
Besides mining, China Minmetals also trades in metal scrap, tungsten, and cemented carbide products, as well as auto parts. Its Los Angeles headquarters will close by the end of the year, and the company’s personnel will move to Beijing. The company is focused on building a state-owned capital investment company in the metal-mining industry, shouldering the responsibilities of being the largest supplier of metal mineral resources in the world, and growing relentlessly to become a world-class metal mining company.
China Minmetals One of the Largest in the World in Terms of Production And Trade in Metals
The company’s operations include mining, smelting, and refining of metals. It has operations in 60 countries, employs 240,000 people, and sells over 430 billion yuan annually. It also operates subsidiaries in real estate development and marine shipping. And it has more than 40 overseas companies. Founded in 1950, China Minmetals is now the world’s largest metallurgical engineering service provider.
A key component of China’s economy is its steel. In addition to manufacturing steel, it also produces antimony oxide, a non-ferrous metal. Other metals produced by China Minmetals include copper, aluminum, rare earth metal, and lead. Among other minerals, it also makes alumina and sulphur. For example, it produces alumina in the form of zinc, while its mining business focuses on non-ferrous metals.
As the world’s leading metals and minerals company, China Minmetals has a strong international presence, offering diversified services to businesses in the United States, Australia, and other regions. Its diversified asset portfolio includes mining, energy, infrastructure, and construction. Its strong domestic demand and overseas market growth have allowed it to become a leader in the non-ferrous metals sector. The company is a strategic player with a broad range of business sectors.
In addition to mining, China Minmetals has a strong presence in the area of rare earths. Its subsidiaries include Chinalco Rare Earth & Metals. By 2020, China will account for 60% of the world’s total production of rare earths. In fact, in 2010, the U.S. came in second place with 38,000 tons of rare-earth ore. In the meantime, the two companies are focusing on the supply of these metals.
As the pacemaker in the metals and minerals industry, CMC boasts a robust R&D network with 60,000 professionals, 29 key laboratories, and 18,000 effective patents. Its diversified assets portfolio also helps it manage cyclical fluctuations in the metals and minerals industry. Its core technology is the core of the company, while its R&D strength is the basis for its global presence. Its strength in rare earths is one of its main competitive advantages.
As a leading rare earths producer, China is a major player in the global market. Its products include steel and iron, sheet and pipe, and raw materials like coal and iron ore. In addition, the company also supplies rare-earth products, such as lanthanum oxide and praseodymium oxide. Its manufacturing capabilities are diverse and include scrap metals. The company is the largest producer of these metals in China.