Zhejiang Metals & Minerals Group Co., Ltd. (ZMMC) is a large-scale industrial conglomerate located in the coastal province of Zhejiang, China. It was founded in 1996 by the Zhejiang Provincial Government and was one of the first state-owned enterprises to be allowed to trade on the Shanghai Stock Exchange.
ZMMC is the largest non-ferrous and ferrous metals trader in China and the largest supplier of raw materials for the steel and non-ferrous metals industries worldwide. Its products include aluminum, zinc, copper, ferroalloys, lead, and steel. The company also produces and sells various other metals and minerals such as gold, silver, iron ore, manganese, and titanium.
The company has a wide range of business interests, ranging from minerals exploitation, metals smelting and refining, metallurgy, finance, and shipping. It is one of the largest producers of ferrous and non-ferrous metals products in China.
ZMMC is a major player in the global metals market, through subsidiaries and joint ventures in Europe, North America, South America, and Africa. It also has a significant presence in the domestic Chinese market. It controls more than 200 subsidiaries and four listed companies.
In 2006, ZMMC merged with Zhejiang Yatai Group, one of the largest metals trading companies in China. This merger greatly increased ZMMCs ability to compete in the global market. The company now has the necessary infrastructure, manpower, and capital resources to compete with large-scale international rivals.
The mission of ZMMC is to contribute to the prosperity of the Chinese economy by enhancing its competitiveness through a commitment to technological, strategic and financial innovation, as well as diligent management and corporate responsibility practices.
Building on its extensive experience in the metals trading business, ZMMC strives to be the leading provider of raw materials to the Chinese steelmaking industry and major international markets, while also leading the world in technological innovation, project development, and business management.
The company is constantly working to provide its customers with superior products and services across a wide variety of sectors. It is renowned for its commitment to high-quality customer service and innovative business practices.
The ZMMC Group is committed to the sustainable development of its resources and the environment. As part of this commitment, the company has adopted numerous environmental, safety and health practices and procedures. It also participates actively in environmental protection efforts and provides environmental and safety education to its employees.
