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Minmetals Sustainability Report

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Minmetals Corporation is an international metals and mining corporation committed to providing high-quality services globally.

It primarily engages in exploration, mining, smelting, processing and trading for metals and minerals, and is also engaged in finance, real estate, and mining and metallurgic technology, with business scope covering 26 nations and regions in the world.

With 300,000 employees and nine listed companies at home and abroad, Minmetals ranks # 167 among the Fortune Global 500, # 4 among metal companies and the accumulated turnover of Minmetals now exceeds 60 billion US dollars.

Minmetals Corporation, founded in 1950 with history of 61 years, is a global mining and minerals corporation. Minmetals was one of the first 53 key enterprises under the direct administration of the Central Government in 1950. The Corporation is mainly engaged worldwide in exploration and development, refining and processing, trading and services for minerals and metals as well as finance, real estate and research and development in mining and metallurgical technology.

Minmetals Australia, a wholly owned branch office of China Minmetals Corporation, was founded in 1988. Specialising in Chinese trade and logistics into the Australian market, Minmetals Australia provides clients with global procurement resources, processes, systems, market knowledge, and volume-leveraged pricing to maximize return on investment.

Minmetals Australia has given continued support to the Australia-China Chamber of Commerce, by actively sponsoring and taking part in its activities to facilitate the development of Sino-Australian economic and trade relations, and exchanges between Chinese and Australian enterprises. General Manager Liu Zhilong of Minmetals Australia has been the executive director of the chamber since its establishment and was the vice president of its Melbourne Branch. In 2010, he was elected vice president of the chamber and president of its Melbourne Branch.

In the face of the global financial crisis and a changeable market in 2010, Minmetals Australia successfully followed China Minmetals’ overall strategy as well as its own strategic plans, and adopted the guidelines of risk prevention, cautious operation, proactive thinking and tapping business opportunity to strengthen market research and forecast, look for new business opportunities in tremendous market changes, develop new commodities and expand business fields, over-fulfilling its pre-set business targets.

China Minmetals – Global Citizen

As a member of the UN Global Compact, China Minmetals actively practices the UN Global Compact’s Ten Principles and persists in conducting responsible operation around the world. Continuing with the perception of “promoting social progress and world harmony” , the Corporation actively gets involved in community welfare and cultural heritage protection in Australia, Laos, Peru and Chile and strives to be a model of international corporate citizen. During the 11th Five-Year Plan period, China Minmetals contributed a total tax payment of RMB 23.3 billion, and made donations to education, disaster and poverty relief and other charity projects in an accumulative amount of more than RMB 100 million. China Minmetals continues to create diversified value to stakeholders and strives for common development between the Corporation and the stakeholders.

In November 2010, at the invitation of the UN Global Compact (UNGC), China Minmetals joined the “Global Compact LEAD” program and became one of the important 55 members of the new leading platform for social responsibility of global enterprises. The “Global Compact LEAD” program was officially launched by UN Secretary-General Ban Ki-Moon on January 28, 2011 during the World Economic Forum Annual Meeting in Davos, Switzerland. Joining the said program will further help the Corporation establish its corporate image of a model of social responsibility in the international arena, and commit itself to promoting sustainable development of the global economy and society.

Minmetals Affiliations

 Name  Position
 UN Global Compact  Member
 Australian China Chamber of Commerce  Vice chairman held by Liu Zhilong Of Minmetals Australia, also holds position of Chairman of CCCA Melbourne Branch
 Australia China Business Council  Member
 Australasian Institute of Mining and Metallurgy (AusIMM)  Member
 Business for Social Responsibility (BSR)  Member
 Chinese Museum of Australia  Major Sponsor
 Clunies Ross Foundation  Member/Sponsor
 Chamber of Minerals and Energy of Western Australia  Member
 International Council of Mining and Metals  Member
 International Zinc Association  Full Member
 Zinc Saves Kids (Initiative of International Zinc Association)  Sponsor
 Melbourne Mining Club  Member/Sponsor
 Australia Iron and Steel Institute  Member/Sponsor
 Queensland Resources Council  Member
 Tasmania Mining Association  Member

Minmetals Logo

The logo of China Minmetals Corporation consists of a red sun above aluminium ingots and steel rods together with MINMETALS, the abbreviated name of the Corporation in English, while the letter M is taken as a main character element in the logo. The red sun symbolizes optimism, selflessness, integrity and magnificent presence which embody the Groups’ spirit of “providing quality service, and striving for excellence”. The aluminium ingots and steel rods imply the industry of the Group --- minerals and metals; and the grey steel rods extend endlessly in a perspective view, conveying the sustainability philosophy of the Group to “cherish limited resources and pursue sustainable development”.

The entire logo depicts a road under sunshine paved by our employees with their professionalism and wisdom extending endlessly in the direction of the rising run. It manifests the magnificent openness and vision of the Group, and signifies the Group’s bright future and creation of sustainable development.

Minmetals General Terms and Conditions

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