Company Overview

MMG is a global mining company producing copper, zinc, and other base metals, with precious metal by-products, materials that underpin modern life, economic growth, and the transition to a lower-carbon future.

We develop and operate mining assets in Australia, Botswana, the Democratic Republic of Congo, and Peru, supplying the metals needed to build, power, and transform.

Founded in 2009, MMG was established to connect global resources with global needs and to play a meaningful role in the energy transition.

From the beginning, we have focused on building and operating world-class base metals assets, combining international expertise with deep local insight.

Our purpose is clear: to drive progress not only through the metals we produce, but for the people we employ, the communities that host us and the societies that depend on a reliable supply of resources.

We bring together people, technology, capital, and operational capability to unlock complex opportunities and transform them into stable operations that create enduring value.

Guided by our Code of Conduct, we prioritise safety, sustainability and long-term value creation, while investing in the regions where we operate.

MMG is listed on the Hong Kong Stock Exchange (HKEx 1208).

The company’s major shareholder is China Minmetals Corporation (CMC), a leading resources company with deep expertise across the metals and mining value chain. Founded in 1950, CMC is one of China’s major multinational state-owned enterprises. Through a Hong Kong subsidiary, CMC holds shares in MMG, with remaining shares held by a diverse mix of global investors.

CMC support affords MMG with a long-term investment outlook, and access to capital, technical expertise and global supply networks, helping enable the development and operation of large-scale mining assets in complex environments.

At the same time, MMG operates with independent governance, leadership and management. MMG sells its products to international markets, referencing LME pricing and on commercial arm’s-length agreements.

Together, this creates a balanced model, combining the backing of a major shareholder with the standards, capability and accountability expected of a globally listed mining company.

MMG operates with a clear focus on safety, accountability and long-term value.

Developing global mining assets demands discipline, consistency, and care. Safety, well-being, and respect for people, communities and the environment are central to everything we do.

Transparency and strong partnerships underpin our approach. We operate with accountability and mutual respect, supported by diverse teams and an inclusive culture, and guided by international standards and frameworks, including our membership of the International Council on Mining and Metals (ICMM).

We deliver mining that is both safe and sustainable, supporting regional economies, strengthening communities and supplying the metals essential to the global energy transition, supported by ongoing investment in technology and innovation.

Our commitment extends beyond our operations. We invest in health, education, livelihoods and infrastructure, working in partnership with communities and governments to support long-term development, particularly in regions facing economic vulnerability or limited infrastructure.

Through this approach, we contribute to global metal supply while supporting the long-term sustainability and resilience of the regions in which we operate.

MMG supplies global metals markets with products sold on commercial, arm’s-length terms.

Our operations produce base metals with precious metal by-products, which are further processed and refined in global smelters to create intermediate products used to manufacture items such as copper wiring for electricity transmission and galvanised steel for buildings and infrastructure.

Our distribution footprint includes Australia, the United States, South Korea, South Africa and China.

China remains a significant end market due to its extensive downstream processing capacity, while a substantial proportion of our production is also supplied to customers in other international markets.

MMG, originally known as Minerals and Metals Group, was established in 2009 following the acquisition of a portfolio of base-metals assets from OZ Minerals by China Minmetals Corporation.

In 2010, the business was acquired by Minmetals Resources Limited, a Hong Kong-listed subsidiary of CMC, marking an important step in the company’s evolution as a globally listed company.

In 2012, the company was renamed MMG Limited, aligning its corporate identity with its established operations.

MMG further expanded its market presence with a secondary listing on the Australian Securities Exchange in 2015, before delisting in 2019 to maintain its primary listing in Hong Kong.

Since then, MMG has evolved into a global mining business through a disciplined program of acquisitions, project development and operational milestones across multiple continents.