CMOC overview

CMOC Group Limited (hereinafter referred to as “CMOC” or the “Company”) was founded in 1969 and subsequently completed two mixed ownership reforms, in 2004 and 2014, respectively. CMOC is now a joint stock company with a private company as its controlling shareholder. It was listed on Hong Kong Exchanges (HKEX: 03993) in 2007 and the Shanghai Stock Exchange (SSE: 603993) in 2012.

The Company engages in the non-ferrous metal mining and processing business, which includes the mining, beneficiation, smelting and refining of base and rare metals, and mineral trading business. With its main business activities spread over four continents: Asia, Africa, South America, and Europe, the Company is the world’s leading producer of copper, cobalt, molybdenum, tungsten, and niobium and a leading producer of phosphate fertilizer in Brazil. In terms of trading business, the Company is among the world's leading metal traders. The Company ranks 145 among Fortune 500 China companies in 2024, 621 among Forbes Global Listed Companies 2000 in 2024, and 24 among PwC Global Top 40 Mining Listed Companies (Market Value).

The Company’s vision is to become a “highly respected, modern and world-class resource company”. In the context of carbon neutrality global strategy, the Company has formulated a “three-step” development path, of which the first step is to “lay a foundation” of low cost and high efficiency that focuses on system and team building via organization upgrade and a corporate management system that covers global operations. The second step is to multiply production capacity by a“ramp up” in the construction and commissioning of two world-class projects, the TFM mixed mine project and KFM copper-cobalt mine project. This step aims to deliver a modern and effective corporate governance structure with a clear division of responsibilities and a strong team that is tested through involvement in world-class projects that are launched to expand our production capacity. The third step is to achieve “stellar growth” towards a world-class company and our vision where new milestones are achieved in business size and cash flow, where teams and project pipelines are more robust, and where we are prepared to pursue greater growth around our strategic goals in key regions and key products.

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