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The company was incorporated on 26 September 1963 at New Delhi. It falls under Commerce Ministry. The Corporation started functioning on 1 October. The main objectives of the company was export of mineral ores and import of essential metals. According to a latest news, MMTC is Asia's biggest gold and silver importer. [3]
Jiangxi Copper is also engaged in the production, processing and sale of copper cathodes, copper rods and wires and other related products. The company also provides precious metals such as gold and silver; chemical products such as sulfuric acid and sulfur ore concentrate; as well as rare metals and minerals such as molybdenum , selenium ...
The London Metal Exchange is an example of a metals exchange where metal is traded as futures contracts providing pricing for defined purity and contract size. The LME Copper contract for example is for delivery of 25 tonnes of Grade A copper cathode at a specified location and priced in United States dollars. This is used to set the price of ...
First Quantum Minerals is a Canadian-based mining and metals company [3] whose principal activities include mineral exploration, development and mining. Its main product is copper, which accounts for 80% of revenues as of 2016.
Western sources estimate RMG Copper's assets in this mine to be 350,435 oz (10,908 kg) of gold. [citation needed] Silver, copper, and other minerals are also mined at that location. This asset has been worked for 30 years. In 2021, JSC RMG Copper ranked as the 22nd biggest company in Georgia by revenue in a list by Forbes. It was the highest ...
Toquepala Mine in 2003, viewed from ISS.The open pit was then 2.5 kilometers across.. Southern Copper Corporation is a mining company that was founded in 1952. The current incarnation of Southern Copper can be traced to the 2005 acquisition of Southern Peru Copper Corporation by the Mexican copper producer Minera México.
Hindalco Industries Limited an Indian aluminium and copper manufacturing company, is a subsidiary of the Aditya Birla Group. [5] Its headquarters are at Mumbai, Maharashtra, India. The company is listed in the Forbes Global 2000 (2023) at 661st rank. [6] Its market capitalisation by the end of November 2023 was US$15.6 billion. [7]
The Sumitomo copper affair refers to a metal trading scandal in 1996 involving Yasuo Hamanaka, the chief copper trader of the Japanese trading house Sumitomo Corporation (Sumitomo). The scandal involves unauthorized trading over a 10-year period by Hamanaka, which led Sumitomo to announce US$1.8 billion in related losses in 1996 when Hamanaka's ...