The MMG group of businesses are owned by China Minmetals Non-ferrous Co., Ltd, a division of China Minmetals Corporation, one of the largest state-owned enterprises in the People’s Republic of China, ranked No 412 on the Fortune Global 500 list in 2008.
Minmetals believes that if China prospers, Australia can prosper and if Australia prospers, China can prosper and believes that Australia has the best people in the minerals and metals industry, experts at its operational sites and at the executive levels of business from which it can learn.
Minmetals want to deliver new opportunities for Australia’s resources industry expand its workforce in Australia and help to grow local communities as economic conditions improve and is enthusiastic about continuing exploration at the Izok Lake, High Lake and other projects now owned by MMG in the Nunavut Territories in Canada.
Minmetals is pleased to be a part of the peoples Democratic Republic of Laos through the Sepon LXML copper and gold operations in the Savannahket province and looks forward to resuming the copper expansion project at Sepon that was placed on hold in late 2008 when economic conditions improve.