The founding meeting of China Mineral Resources Group Co., Ltd. was held in Beijing on the morning of the 25th. Han Zheng, member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China and Vice Premier of the State Council, attended the meeting and unveiled the company's establishment.

The establishment of China Mineral Resources Group Co., Ltd. is a major measure taken by the Party Central Committee and the State Council to make good use of both domestic and international markets and resources, and to enhance China's ability to guarantee the supply of important mineral resources. Development is important. As a wholly state-owned company directly managed by the central government and a state-authorized investment institution, the company will adhere to openness, collaboration, win-win cooperation, market-oriented and legalized operations, and build a world-class mineral resources comprehensive service enterprise with global competitiveness and influence.

Wang Yong and He Lifeng attended the inaugural meeting. About 120 people from relevant departments of the central and state organs, relevant provinces and cities, as well as relevant financial institutions and enterprises, and responsible comrades of industry associations attended the conference.

As the youngest state-owned enterprise at present, the management of China Mineral Resources Group is eye-catching. The five announced are: Chairman Yao Lin, former chairman of Ansteel Group and chairman of China Aluminum Group; director and general manager Guo Bin, Former Deputy General Manager of China Baowu Steel Group; Deputy General Manager Shao Anlin, former Deputy General Manager of Ansteel Group; Deputy General Manager Gao Xiaoyu, former Chief Executive Officer and Executive Director of Minmetals Resources Co., Ltd.; Director Gao Gao, previously the National Development and Reform Commission Deputy Secretary.

The establishment of China Mineral Resources Group, "iron ore" is a key word. The iron and steel industry is an important basic industry of the national economy, affecting the development of a large number of upstream and downstream industries. Iron ore is the raw material for steel production, and its importance is self-evident. my country's steel production and consumption account for half of the world's total, and iron ore imports account for about 70% of the world's total, but there is still the problem of being controlled by others.

Facing the domestic market, China Mineral Resources Group can do a lot of work, such as developing rich mines, strengthening scientific and technological innovation, establishing certain iron ore reserves, and promoting scrap steel recycling, etc., which will enhance the global voice and competitiveness of China's steel industry. Editor/Zhao E