Minerals and Metals Group is an Australian-based mining company and wholly owned subsidiary of China Minmetals. It was formed in 2009 with the purchase of most of OZ Minerals assets by China Minmetals; these collective assets became MMG. The direct holding company for MMG is known as Album Resources Private Limited, incorporated in Singapore; the ultimate holding company is China Minmetals Non-Ferrous Metals Company Ltd.
Minerals and Metals Group (MMG) is one of the world's leading mining companies. It operates a diversified portfolio of mining operations and investments in the world's most important minerals and metals markets. MMG is a global leader in the production of copper, zinc, lead, and other minerals and metals. It also produces iron ore, coal, and gold.
MMG was founded in 2009 as a joint venture between China Minmetals Corporation and China National Gold Group Corporation. It is headquartered in Melbourne, Australia and has operations in more than 20 countries. The company has a strong commitment to sustainability, with a focus on safety, environmental protection, and social responsibility.
MMG's operations span the entire mining value chain, from exploration and development to production, processing, and marketing. The company is involved in the exploration and development of new mineral deposits, as well as the acquisition and development of existing resources. It also owns and operates processing facilities, as well as a network of sales and distribution centers.
MMG has an extensive portfolio of projects, ranging from early-stage exploration to large-scale production operations. Its portfolio includes copper and zinc mines in Australia, Africa, and Latin America; iron ore and coal mines in Australia; and gold mines in Africa and Australia. The company also has interests in a number of energy projects, including oil and gas exploration and production.
MMG has a strong focus on delivering growth and value for its shareholders. It has a disciplined approach to capital management and a commitment to delivering returns to its investors. The company also has a long-term vision for the future of the minerals and metals industry, and is committed to making a positive contribution to the communities in which it operates.