CNMC Shenyang Mining Investment Co., Ltd.

        Profile

        China Nonferrous Metal Group Shenyang Mining Investment Co., Ltd. (Shenyang Mining for short) was restructured from China Nonferrous Metal Industry (Shenyang) Co., Ltd. founded in 1983 in the year 2006 and was put under the administration of China Nonferrous Metal Mining (Group) Co., Ltd. in 2007 and became a wholly-owned subsidiary of it. Shenyang Mining, situated in China Nonferrous Building, 58 Wei 13 Road, Shenhe District, Shenyang, Liaoning Province with a registered capital of 70 million yuan, is an entity investment company mainly setting foot in mining development, nonferrous metallurgy, beneficiation reagents, and related trade and service. Shenyang Mining has six holding (joint-stock) companies and management enterprises authorized by the Group, namely, Chifeng Fubang Copper Co., Ltd., Chifeng Dajingzi Mining Co., Ltd., Tieling Beneficiation Reagent Co., Ltd., Shenyang Youyan Mineral Chemical Co., Ltd., Linxi Hongda Mining Co., Ltd. and Shenyang Zhongse Xinxue Trading Co., Ltd. The major products of the company include copper concentrate, tin concentrate, crude copper, sulfuric acid and beneficiation reagents.

         

        Since 2007, under the correct leadership and tremendous support of China Nonferrous Metal Mining (Group) Co., Ltd., Shenyang Mining began to transform from an administrative business to an entity one. Through the common efforts of all the employees, the company has basically realized the enterprise transformation and made great breakthroughs in development within short five years. Its product output, operating income, and profits have increased substantially. It is planned that by the end of the 12th Five-year Plan Period, Shenyang Mining would make significant increase in its general assets, operating income, economic benefit and staff’s income. In the business philosophy of “Mutual Benefit, Common Development”, Shenyang Mining is committed to strengthening its foundation, improving management and scientific development and achieving sustainable, stable and healthy development.