China Minmetals Corporation, founded in 1950, is a large sized group dealing worldwide in development, production, trading and operation for metals and minerals. It is also engaged in finance, real estate and logistics. In 1999, China Minmetals was listed among the 39 "key enterprises" with a great bearing on national security and economic lifeline under the direct jurisdiction of the Central Government. In 2007, Minmetals was ranked Class A when the SASAC evaluated the performance of state-owned enterprises under the jurisdiction of the Central Government. In 2008, the Group was ranked No. 331 among the Fortune Global 500. In 2009, China Minmetals achieved a total business volume of US$26.8 billion dollar with operating revenue of RMB 173 billion yuan by responded the international financ..