China Metallurgical Group Corporation (CMGC, ) is a Chinese state-owned enterprise headquartered in Beijing. It is primarily involved in engineering contracting, metallurgical construction, resource development, and mining.
On December 8, 2015, CMGC was merged into China Minmetals Corporation, becoming a wholly owned subsidiary of Minmetals as part of a broader restructuring of central state-owned enterprises.[1][2]
Listed Subsidiary
CMGC operates commercially through its publicly listed arm, Metallurgical Corporation of China Limited (MCC), which was established in 2008 and listed on both the Shanghai Stock Exchange and Hong Kong Stock Exchange in 2009.[3] MCC carries out the majority of the group’s construction, engineering, and mining projects both in China and internationally. As of 2025, CMGC holds a controlling 64.18% stake in MCC.
Business Activities
CMGC and its subsidiaries are active in:
The group has a historical strength in large-scale steel production facility construction and remains a core player in China’s metallurgy and mining infrastructure sector.
- Construction of metallurgical and industrial facilities, including steel plants and smelting operations
- Infrastructure projects such as railways, highways, power systems, and environmental engineering
- Mining development, particularly non-ferrous and ferrous metals
- General contracting and design of complex engineering projects (EPC)
External links
References
- Shaohui Tian. China Minmetals takes over China Metallurgical Group Corp. Xinhuanet, retrieved 10 April 2025^
- Josephine Mason. Minmetals takes over MCC as Beijing reforms state-run firms Reuters, 8 December 2015, retrieved 10 April 2025^
- China Metallurgical to launch largest HK IPO in 18 months – Reuters^