- CEO
- Jianguang Chen
- Full Time Employees
- 97,489
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- MCC Building Beijing People's Republic of China 100028
- IPO Date
- May 29, 2014
- Business
- Metallurgical Corporation of China Ltd. Metallurgical Corporation of China Ltd. (MLLUY) is a leading state-owned engineering and construction conglomerate affiliated with China Minmetals Corporation, primarily engaged in metallurgical engineering contracting, resource development, equipment manufacturing, property development, and related specialty businesses across China and international markets. Founded with roots tracing back to 1948 and formally established in its current form in 2008 through the restructuring of China Metallurgical Group Corporation, the company is headquartered in Beijing, People's Republic of China, and operates through segments including engineering contracting that encompasses metallurgical projects, housing construction, municipal infrastructure, rail transit, and urban renewal; resource development involving the mining, smelting, and processing of iron ore, lead, zinc, vanadium, copper, nonferrous metals, and polysilicon in regions such as Liaoning, Inner Mongolia, Sichuan, and Hunan; equipment manufacturing focused on specialized metallurgical equipment like rolling mills, continuous casting machines, electric furnaces, steel structures, and other metal products supplied to major steel enterprises including Baosteel and overseas clients in Japan and Germany; property development featuring residential, commercial, and land projects; and specialties in mineral resources, inspection and testing, new energy materials, and water/environmental protection services. MCC maintains a diversified structure of "One Core, Two Pillars and Five Specialties," with metallurgical construction as the core, building construction and municipal infrastructure as pillars, and the aforementioned specialties supporting its operations in over 50 countries via more than 130 overseas branches, particularly along the Belt and Road Initiative in Southeast Asia, South Asia, the Middle East, and the Commonwealth of Independent States, where it owns seven overseas mines with three operational. In recent developments, the company reports newly signed contracts totaling RMB 1,248.30 billion for 2024, reflecting a 12.4% decline from 2023 but a sharp 47.8% increase in overseas contracts to RMB 93.24 billion, underscoring intensified global expansion; notable 2024 project awards include the RMB 42.30 billion EPC general contracting for the Advanced Electromechanical Equipment and Logistics Industrial Park Phase I in Chongqing, the RMB 40.60 billion EPCC for a 2.4 MTPA alumina refinery in Indonesia, and the RMB 15.80 billion EPC for low-carbon blast furnace upgrades at Fushun New Steel, alongside ongoing strategic mergers such as the 2015 integration with China Minmetals and a push toward digitalized management, industrialized production, and high-quality development under its "One Goal, Two Bests, and Five Strengths" vision.