Company Overview

Our Story

Founded in 2009, MMG’s vision is to create a leading international mining company for a low carbon future. We mine to create wealth for our people, host communities and shareholders with an ambition to grow and diversify our resource, production and value, by leveraging Chinese and International expertise. 

We are guided by our Code of Conduct and our values of thinking safety first, respecting each other, working together, doing what we say and wanting to be better.

We are committed to responsible environmental and social performance and effective governance of our operations.

We operate and develop copper, zinc and other base metals projects across Australia, Botswana, the Democratic Republic of the Congo and Peru.

Headquartered in Melbourne, Australia and Beijing, China we are listed on the Hong Kong Stock Exchange (HKEx 1208) with an international shareholder base.

A long-term outlook, our pride in mining, our commitment to shared international standards and our respect for people, land and culture underpins our success.

We are MMG and we mine for progress.

Our Major Shareholder

MMG’s major shareholder is China Minmetals Corporation (CMC). Founded in 1950, CMC is one of China’s major multinational state-owned enterprises. It is a major international organisation involved in the development, production, trading and integrated services of metals and minerals, in addition to its finance, real estate and logistics divisions/businesses.

CMC’s subsidiary China Minmetals H.K. (Holdings) Limited (Minmetals HK) currently owns approximately 67.68% of the total shares of MMG, with the remaining 32.32% owned by public shareholders including global resources and investment funds.

The advantages of our Chinese Partnership

The stability, size and insights of China Minmetals Corporation  provides a competitive advantage for our company.

As a major metals and minerals company, China Minmetals Corporation provides a unique insight into global commodity demand. Our relationship allows MMG to draw upon networks and extensive distribution and marketing channels in China’s base metals market.

In an industry where lead times can extend for years and even decades, China Minmetals Corporation brings a solid financial foundation, balance sheet flexibility, access to Chinese financial institutions and a long-term investment view. And, as a significant miner and commodity trader, China Minmetals Corporation brings the benefit of technical skills and cross-cultural awareness.

Above all, it is a relationship supported by trust and confidence. Our international leadership team has the delegated authority from its Board to manage day-to-day operations in line with best practice.

We believe this relationship gives us the best of all worlds.

Our History

Our company, MMG Limited, was originally known as ‘Minerals and Metals Group’.

Minerals and Metals Group was formed in June 2009 following the purchase of the majority of assets of OZ Minerals Limited (OZ Minerals) by China Minmetals Corporation (CMC) through its subsidiary China Minmetals Non-ferrous Metals Co. Ltd (CMN).

In December 2010, Minerals and Metals Group was acquired by Minmetals Resources Limited, a subsidiary of CMC, that was listed on The Stock Exchange of Hong Kong Limited (Stock Code: 1208).

In September 2012, the company changed its registered English company name from Minmetals Resources Limited to MMG Limited to align the assets already operating as ‘MMG’ with the registered company name.

MMG completed a secondary listing on the Australian Securities Exchange (ASX) in December 2015. MMG securities was listed on the ASX through Chess Depository Instruments (CDI) under the ticker code ‘MMG’. On 4 December 2019 MMG Limited was formally delisted and ceased trading shares on the ASX.