China establishes a new centrally administered SOE focused on resource recycling and reuse. The company, named China Resources Recycling Group Co., Ltd., will be a State-owned enterprise with a registered capital of 10 billion yuan. The company will focus on building a national platform for resource recycling and reuse, with a focus on multiple categories including warehousing, processing, distribution, trade-in, …
Scattered across the ocean floor are trillions of lumps of nickel, copper, cobalt and manganese. The scramble for critical minerals is “a new front for strategic competition among global powers", says China’s national intelligence agency. In 2016 Xi Jinping, China’s leader, said his country must get its hands on the “hidden treasures" of the ocean. Three Chinese miners—China Ocean Mineral …
Aerial photo taken on July 8, 2021 shows the Qairhan Salt Lake in Northwest China's Qinghai province. The joint venture agreement between China Minmetals Corp and Qinghai province to tap major salt lake resources marks a critical step in advancing China's lithium resource development, particularly in response to global battery industry demand, said industry experts. The agreement signals a significant …
China Minmetals Corp's acquisition of a large-scale copper mine in Southern Africa's Botswana is expected to help meet enduring strong demand for the metal in China, said industry analysts. MMG Ltd, a unit of mining giant China Minmetals, has finalized acquisition of the Khoemacau copper mine, located in the Kalahari Copper Belt, the company said late last month. Zhao said …
Workers unload aid materials from a cargo plane of China Postal Airlines at the Wuhan Tianhe International Airport in Wuhan, Central China's Hubei province, Jan 29, 2020. Central SOEs such as China Post Group Corp and State Grid Corp of China have offered free services, including air cargo transportation of qualified epidemic control materials, power charging for epidemic prevention vehicles, …
7月8日,生态环境部表示,第二轮第一批中央生态环境保护督察将全面启动,已组建8个中央生态环境保护督察组,分别负责对上海、福建、海南、重庆、甘肃、青海等6省市和中国五矿集团有限公司、中国化工集团有限公司2家中央企业开展督察进驻工作。进驻时间约为1个月。 China Minmetals Corp, the country's largest metals and minerals group, and China National Chemical Corp - or ChemChina, the country's largest chemical enterprise - together with six provincial-level regions including Fujian, Hainan, Gansu and Qinghai provinces as well as Shanghai and Chongqing will be subject to a one-month inspection on ecological and environmental protection, the Ministry of Ecology and …