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Hunan Nonferrous Metals Holding Group Co., Ltd. is a
nonferrous metal In metallurgy, non-ferrous metals are metals or alloys that do not contain iron (allotropes of iron, ferrite, and so on) in appreciable amounts. Generally more costly than ferrous metals, non-ferrous metals are used because of desirable proper ...
s company of China. It is a subsidiary of China Minmetals, which in turn indirectly under supervision of
State-owned Assets Supervision and Administration Commission The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of variou ...
. Some of the assets of the conglomerate was listed in
Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...
from 2006 to 2015 as "Hunan Nonferrous Metals Corporation Limited" (SEHK: 2626). (The holding company retained Hunan Yaogangxian Mining Co., Ltd., Hunan Huangshaping Mining Branch and a joint venture (
Duddar mine The Duddar mine is one of the largest lead and zinc mines in Pakistan. The mine is located in western Pakistan in Balochistan. The mine has reserves amounting to 50 million tonnes of ore grading 3.2% lead and 8.6% zinc thus resulting 1.6 million t ...
).) However, in 2014 China Minmetals announced the plan to privatization of the listed company, which China Minmetals already took control of the holding company "Hunan Nonferrous Metals Holding Group Co., Ltd." in 2011. On 1 August 2006 it purchased a 9.73 percent share in Compass Resources NL of Australia for 30 million Australian dollars.


References

Government-owned companies of China Metal companies of China Companies based in Hunan Non-renewable resource companies established in 2004 Chinese companies established in 2004 2004 establishments in China {{China-company-stub