Is China Nonferrous Metals Group a state-owned enterprise?

Yes China Nonferrous Mining Group Co., Ltd. was established in 1983. It is a large central enterprise managed by the State Council State-owned Assets Supervision and Administration Commission, and its core business is non-ferrous metal mineral resources development, construction engineering, related trade and services. The Group Company has built a whole industrial chain covering the development of non-ferrous metals, and is one of the earliest enterprises in China's non-ferrous metals industry to implement the "going out" strategy and achieve the most successful international operation.