CITIC Metal

CITIC Metal (including CITIC Titanium and CITIC Jinzhou Metal) invests in mining and mineral projects, such as copper and ferroniobium, and trades commodities, including niobium, iron ore, non-ferrous metals, steel and coal. The Las Bambas copper mine in Peru, which CITIC Metal has a stake in, is one of the world’s largest copper mines. CBMM, a joint venture of CITIC Metal, takes 80% market share of niobium products in China. CITIC Metal is the single largest shareholder of Ivanhoe Mines, a Canadian-listed company that owns three world-scale, high grade mining assets and helps secure stable supply of copper resources for China’s economic growth. CITIC Titanium, in which CITIC Metal holds a controlling stake, is a market leader in chloride titanium dioxide production in China. It is China’s first high-tech enterprise that focuses on developing, producing, and marketing premium chloride titanium dioxide. CITIC Jinzhou Metal, under the management of CITIC Metal, has wide-covering business portfolio, including R&D, production and marketing of non-ferrous metals, chemicals and ferro-alloy.