Tongling Nonferrous Metals Group
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Tongling Nonferrous Metals Group
Tongling Nonferrous Metals Group Holding Company Limited is a state-owned enterprise involved in the extraction of copper resources and smelting of copper and other non-ferrous metals. It was founded in 1949 in Tongling, Anhui, China, and began production in 1952. It is one of the largest copper smelting companies in China. The subsidiary and listed company of Tongling Nonferrous Metals Group Holdings Company Limited, Tongling Nonferrous Metals Group Company Limited, was established in 1992 and listed on the Shenzhen Stock Exchange in 1996 (). Mining operations Notable projects include: * Mirador Mine: The company holds a stake in the Mirador copper-gold open-pit mine in southeastern Ecuador Ecuador, officially the Republic of Ecuador, is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. It also includes the Galápagos Province which contain ..., one of two mines in the country. ...
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Tongling Nonferrous
Tongling () is a prefecture-level city in southern Anhui province of China. A river port along the Yangtze River, Tongling borders Wuhu to the east, Chizhou to the southwest and Anqing to the west. As of the 2020 census, its population was 1,311,726 inhabitants whom 842,675 lived in the built-up (or metro) area made of 3 urban districts. At the end of 2024 and the beginning of 2025, the permanent population will be 1.302 million.The asteroid 12418 Tongling was named after the city. History Tongling has been famous as a beautiful mountain city since its origins in the Han dynasty over 1500 years ago. Owing to its copper and tin deposits, it was an important center in the past for bronze production. The scale of industrial activity gradually increased through the Ming (1368–1644) and Qing (1644–1911) dynasties, the Japanese occupation of 1938–45, and especially under the Communist government since 1949.Tongling has a long history and produced many talented people. It is on ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ...
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Metal Companies Of China
A metal () is a material that, when polished or fractured, shows a lustrous appearance, and conducts electricity and heat relatively well. These properties are all associated with having electrons available at the Fermi level, as against nonmetallic materials which do not. Metals are typically ductile (can be drawn into a wire) and malleable (can be shaped via hammering or pressing). A metal may be a chemical element such as iron; an alloy such as stainless steel; or a molecular compound such as polymeric sulfur nitride. The general science of metals is called metallurgy, a subtopic of materials science; aspects of the electronic and thermal properties are also within the scope of condensed matter physics and solid-state chemistry, it is a multidisciplinary topic. In colloquial use materials such as steel alloys are referred to as metals, while others such as polymers, wood or ceramics are nonmetallic materials. A metal conducts electricity at a temperature of absolute zero ...
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Government-owned Companies Of China
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company' ...
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Companies Based In Anhui
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Non-renewable Resource Companies Established In 1949
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can also occur within human lifespans. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present in vast amounts in Ea ...
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Ecuador
Ecuador, officially the Republic of Ecuador, is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. It also includes the Galápagos Province which contains the Galapagos Islands in the Pacific, about west of the mainland. The country's Capital city, capital is Quito and its largest city is Guayaquil. The land that comprises modern-day Ecuador was once home to several groups of Indigenous peoples in Ecuador, indigenous peoples that were gradually incorporated into the Inca Empire during the 15th century. The territory was Spanish colonization of the Americas, colonized by the Spanish Empire during the 16th century, achieving independence in 1820 as part of Gran Colombia, from which it emerged as a sovereign state in 1830. The legacy of both empires is reflected in Ecuador's ethnically diverse population, with most of its million people being mestizos, followed by large minorities of Europe ...
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Mirador Mine
The Mirador mine is a large copper mine located in the Amazonian province of Zamora-Chinchipe in southern Ecuador. It is one of the largest copper reserves in Ecuador, and the first industrial-scale copper project to be developed in the country. The project has generated an environmental conflict that is emblematic in the national political debate on mining. The project is owned and operated by Ecuacorriente S.A. (ECSA), a subsidiary of the state-owned Chinese company CRCC-Tongguan Investment Co. Ltd, which comprises Tongling Nonferrous Metals Group Holdings Co. Ltd. and China Railway Construction Corp. Ltd. Development of the Mirador mine was opposed by the Confederation of Indigenous Nationalities of Ecuador (CONAIE), leading to the 2012 Ecuadorian protests. The first shipment of copper from the mine was exported to China in January 2020. Production at the mine was halted in June 2022 when access roads were blocked during widespread Indigenous-led protests that made severa ...
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Shenzhen Stock Exchange
The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Exchange and the Shanghai Stock Exchange. It is situated in the Futian district of Shenzhen. The SZSE is the List of stock exchanges, world's 6th largest stock exchange with a market capitalization exceeding US$4.4 trillion in July 2024. History On 1 December 1990, Shenzhen Stock Exchange was founded. As an idea adapted from the capitalist countries, it was politically controversial in China. In support of the stock exchange, Deng Xiaoping rhetorically asked, "Are securities and the stock markets good or bad? Do they entail dangers? Are they peculiar to capitalism? Can socialism make use of them?" Deng contended that China must try them out and reserve judgment, because if securities and the stock market went well, they could be expanded, an ...
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Listed Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kingdom, it is usually a public limited company (PLC). In Fran ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Non-ferrous Metals
In metallurgy, non-ferrous metals are metals or alloy An alloy is a mixture of chemical elements of which in most cases at least one is a metal, metallic element, although it is also sometimes used for mixtures of elements; herein only metallic alloys are described. Metallic alloys often have prop ...s that do not contain iron (allotropes of iron, Ferrite (iron), ferrite, and so on) in appreciable amounts. Generally more costly than ferrous metals, non-ferrous metals are used because of desirable properties such as low weight (e.g. aluminium), higher Electrical resistivity and conductivity, conductivity (e.g. copper), non-magnetic properties or resistance to corrosion (e.g. zinc). Some non-ferrous materials are also used in the iron and steel industries. For example, bauxite is used as flux (metallurgy), flux for blast furnaces, while others such as wolframite, pyrolusite, and chromite are used in making ferrous alloys. Important non-ferrous metals include aluminium, copper ...
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