Hunan Nonferrous Metals

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Hunan Nonferrous Metals
Subsidiary
Industry Nonferrous metals production and sales
Founded 2004
Headquarters Zhuzhou, Hunan, China
Area served
Worldwide
Key people
He Renchun (何仁春) (Chairman)
Parent China Minmetals
Website www.hnc2626.com
China Railway Group Limited
Simplified Chinese 湖南有色金属控股集团有限公司
Traditional Chinese 湖南有色金屬控股集團有限公司
former logo

Hunan Nonferrous Metals Holding Group Co., Ltd. is a nonferrous metals company of China. It is a subsidiary of China Minmetals, which in turn indirectly under supervision of State-owned Assets Supervision and Administration Commission.

Some of the assets of the conglomerate was listed in Hong Kong Stock Exchange from 2006 to 2015 as "Hunan Nonferrous Metals Corporation Limited" (SEHK: 2626).[1] (The holding company retained Hunan Yaogangxian Mining Co., Ltd., Hunan Huangshaping Mining Branch and a joint venture (Duddar mine).) 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.[2]

References[edit]

  1. ^ "招股说明书" [Prospectus] (PDF) (in Chinese). Hunan Nonferrous Metals Corporation Limited. 
  2. ^ "Hunan Nonferrous Metals becomes 2nd largest stockholder of Australian miner". People's Daily Online. 2006-10-04. Retrieved 2008-01-07.