MMG Ltd.
7.02
HKD
-0.45
(-6.09%)
ISIN
HK1208013172
Return %
Stock
S&P 500
1Y
5.33
14.20
3Y
240.34
81.12
5Y
100.36
68.34
Capital Structure
USD
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in mil. unless spec.Working Capital
USD
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in mil. unless spec.Growth Rates
USD
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in mil. unless spec.Semi-annual Revenue
USD
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
USD
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in mil. unless spec.Company Description
- CEO
- Jing Ivo Zhao
- Full Time Employees
- 5,516
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 28 Freshwater Place Southbank VIC Australia 3006
- IPO Date
- Dec 15, 1994
- Website
- mmg.com
- Similar Companies
- Business
- MMG Limited (1208.HK) is an Australia-based global resources company engaged in the exploration, development, mining, and production of base metals, including copper, zinc, cobalt, gold, silver, molybdenum, lead, and nickel. The company operates a portfolio of tier-one assets, encompassing large-scale copper mines such as Las Bambas in Peru and Khoemacau in Botswana; zinc operations including Dugald River and Rosebery in Australia; and the Kinsevere copper-cobalt mine in the Democratic Republic of the Congo, producing copper concentrates, zinc concentrates, cobalt hydroxide, gold doré, and silver by-products. MMG also pursues advanced exploration and development projects, such as the Izok Corridor zinc-copper-gold project in Canada and the Kinsevere Expansion Project, with a focus on metals essential for low-carbon technologies and industrial applications. Founded in 2009 through the acquisition of key assets from OZ Minerals by China Minmetals Corporation and originally tracing roots to Minmetals Resources Limited incorporated in 1988, MMG is headquartered in Southbank, Melbourne, Australia, with additional corporate offices in Beijing and Hong Kong, China. The company maintains primary listing on the Hong Kong Stock Exchange and is majority-owned (approximately 67%) by China Minmetals H.K. (Holdings) Limited, a subsidiary of China Minmetals Corporation, enabling access to robust financial resources, market networks, and technical expertise in China. MMG serves global markets in construction, manufacturing, electrification, and renewable energy sectors, with operations spanning Australia, Botswana, the Democratic Republic of the Congo, Peru, and exploration activities in Canada. In recent developments, MMG completed the US$1.735 billion acquisition of Cuprous Capital Ltd. and the Khoemacau copper mine in Botswana in March 2024, significantly expanding its high-grade copper production capacity in the Kalahari Copper Belt. In April 2025, the company entered a Share Purchase Agreement with Anglo American plc to acquire its nickel business in Brazil (Nickel Brazil), including the Barro Alto and Codemin ferronickel operations producing approximately 40 ktpa of nickel, plus development projects Jacaré and Morro Sem Boné, for up to US$500 million, marking entry into nickel and Brazil's mining jurisdiction. Additional 2025 milestones include positive resource expansion drilling results at the High Lake and eastern High Lake zones of the Izok Corridor project in Canada, board leadership changes with the appointment of a new Chairman effective December 2025, and executive appointments such as Presidents for Las Bambas and Africa Operations.
Company News
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MMG Limited (MMLTF) Q2 2026 Earnings Call Transcript