China Metallurgical Group Corporation Limited, a state-owned enterprise, provides metallurgical engineering contractor services in China and internationally. The company offers technological upgrading and reconstruction services in metallurgical engineering for ferrous and non-ferrous products. It also provides planning, prospecting, land surveying, designing, and construction of large and medium sized iron and steel enterprises. In addition, the company engages in the exploitation of natural resources, such as iron, copper, gold, nickel, cobalt, lead, and zinc; equipment fabrication; real estate development; and papermaking businesses. It serves customers in China and internationally. China...
Founded in 1994
China Metallurgical Group Corp. to Build USD 347 Million Steel Plant in Iran
May 21 14
China Metallurgical Group Corp. (MCC) planned to invest USD 347 million in building a steel plant with annual production capacity of one million tons in southwest of Iran. Upon completion, the plant would create 2,000 jobs there.
China Metallurgical Group Corporation to Invest $2 Million in Desalination Plant in Argentina
Nov 4 13
China Metallurgical Group Corporation will invest $2 million (€1.5 million) to install a seawater desalination plant for its iron mine in Argentina's Rio Negro province. The plant is part of a plan to increase mine production by 20%-25%.
China Metallurgical Group Corporation Reports Earnings Results for the Half Year Ended June 30, 2013
Sep 26 13
China Metallurgical Group Corporation reported earnings results for the half year ended June 30, 2013. For the period, the company reported total operating income of CNY 93,444,480,000 compared to CNY 112,444,210,000 a year ago. Operating profit was CNY 1,606,620,000 compared to operating loss of CNY 776,570,000 a year ago. Net profit was CNY 854,390,000 compared to net loss of CNY 1,414,150,000 a year ago. Net profit attributable to the company owners was CNY 469,330,000 compared to net loss attributable to the company owners of CNY 840,230,000 a year ago.