OTCM
MMLTF
Market cap12bUSD
Oct 19, Last price
1.09
Name
MMG Ltd
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Profile
MMG Limited, an investment holding firm, primarily focuses on the exploration, development, and extraction of a diverse range of metals such as copper, zinc, gold, silver, molybdenum, cobalt, and lead. Its operational footprint spans Australia and various international locations, with activities divided into segments like Las Bambas, Kinsevere, Dugald River, Rosebery, and others. Among its key assets, MMG maintains a 62.5% stake in the Las Bambas open-pit mine, a significant producer of copper and molybdenum located in the Cotabambas, Apurimac region of Peru. The company also boasts full ownership of the Kinsevere open-pit copper mine, situated in the Haut-Katanga province of the Democratic Republic of the Congo. Within Australia, MMG wholly owns two crucial underground operations: the Dugald River zinc mine, found near Cloncurry in North West Queensland, and the Rosebery polymetallic base metal mine, located on Tasmania's west coast. Established in 1988 and headquartered in Southbank, Australia, the company operated as Minmetals Resources Limited until its rebranding to MMG Limited in September 2012. MMG Limited functions as a subsidiary of China Minmetals Corporation.
Related entities
Subsidiaries (3)
Minera Las Bambas SA
MMG Dugald River Pty Ltd
MMG Finance Limited
Key people
Chief Financial Officer · since 2015
Executive General Manager Operations � Africa, Australia and Asia · since 2017
Jianxian Wei
Executive General Manager Operations � Americas · since 2019
Xianjian Wei
Executive General Manager - Americas · since 2019
Xiaoyu Gao
Chief Executive Officer, Executive Director · since 2018
Jian Jiao
Non-Executive Director · since 2018
Jiqing Xu
Non-Executive Director · since 2020
Peter William Cassidy
Independent Non-Executive Director · since 2010
Ka Keung Chan
Independent Non-Executive Director · since 2019
Cheuk Yan Leung
Independent Non-Executive Director · since 2012
Independent Non-Executive Director · since 2015
Independent Non-Executive Director · since 2015
Headquarters & legal address
UNIT 1208
12/F
CHINA MINMETALS TOWER
79 CHATHAM ROAD SOUTH
HONG KONG 999077
HK
12/F
CHINA MINMETALS TOWER
79 CHATHAM ROAD SOUTH
HONG KONG 999077
HK
Previous name
ORIENTAL METALS (HOLDINGS) COMPANY LIMITED
Previous name
MINMETALS RESOURCES LIMITED
Valuation
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