MMG Limited
| File:MMG Logo RED.jpg | |
| Company type | Public |
|---|---|
| SEHK: 1208 | |
| Industry | Mining |
| Founded | 17 June 2009 |
| Headquarters | Melbourne, Australia |
Key people | Jiqing Xu (Chairman) Ivo Zhao (CEO) |
| Products | Copper, gold, lead, molybdenum, silver, zinc |
| Revenue | US$ 4.5 billion (2024) |
| Website | www.mmg.com |
MMG Limited is a mid-tier global resources company that mines, explores and develops base metal projects around the world. MMG's largest shareholder is China Minmetals with 67.49%.[1]
History
[edit | edit source]MMG was formed in June 2009, following the purchase of the majority of assets of Oz Minerals by China Minmetals.[2][3]
In December 2010, MMG was acquired by Minmetals Resources, a subsidiary of China Minmetals and listed on the Hong Kong Stock Exchange.[1][4]
In September 2012, Minmetals Resources Limited changed its registered company name to MMG Limited to align the assets already operating as MMG with the registered company name.[1]
MMG had a secondary listing on the Australian Securities Exchange from December 2015[5] until its delisting on December 2019.[6]
Operations
[edit | edit source]MMG operate and develop copper, zinc and other base metals projects across Australia, Botswana, the Democratic Republic of the Congo and Peru.[7]
Current
[edit | edit source]- Dugald River mine in Cloncurry, Queensland[8]
- Kinsevere mine in the Democratic Republic of Congo[9]
- Khoemacau mine in the Botswana[10]
- Las Bambas copper mine in Peru (62.5%)[11]
- Rosebery mine in Tasmania[12]
Former
[edit | edit source]References
[edit | edit source]- ^ a b c Our Major Shareholder MMG
- ^ Our History Oz Minerals
- ^ Minmetals launches new company amid flat demand ABC News 18 June 2009
- ^ Minmetals Resources Limited successfully acquires MMG MMG 31 December 2010
- ^ MMG commences trading on the ASX MMG 14 December 2015
- ^ Voluntary Delisting from ASX Australian Securities Exchange 1 November 2019
- ^ Mining operations MMG
- ^ Dugald River MMG
- ^ Kinsevere MMG
- ^ [1] MMG
- ^ Las Bambas MMG
- ^ Rosebery MMG
- ^ New life for Century MMG
- ^ EMR Capital completes $US210m Golden Grove acquisition Australian Mining 1 March 2017
- ^ MMG completes sale of Sepon mine MMG 30 November 2018
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- Companies based in Melbourne
- Companies formerly listed on the Australian Securities Exchange
- Companies listed on the Hong Kong Stock Exchange
- Copper mining companies of Australia
- Gold mining companies of Australia
- Government-owned companies of China
- Lead mining companies
- Metal companies of China
- Silver mining companies
- Zinc mining companies
- Former cross-listed companies
- Government-owned mining companies of India