Citic Metal Co., Ltd. (601061)

Overview

CITIC Metal Co., Ltd, established in 1988 and headquartered in Beijing, China, operates as a key player in the global metals and minerals trade. Its activities encompass a broad spectrum of trading in ferrous and non-ferrous metals, alongside a diversified portfolio in mining and metallurgical industries. The company maintains an international presence, engaging in the trading and distribution of a wide variety of metal products, ores, and concentrates. As a subsidiary of CITIC Metal Group Ltd., it also delves into maritime transportation services, production of advanced metal alloys, and mining exploration. Additionally, CITIC Metal Co., Ltd is involved in investment management, consulting services, and technological R&D in the metals sector, highlighting its multifaceted approach to business within the metals industry.

Products and Services

• Metals Trading:

  Deals in ferrous and non-ferrous metals, including iron ore, steel products (like hot and cold-rolled steel sheets, zinc-plated steel sheets, and heavy steel plates), and tubular steel products, catering to a range of industry needs.

• Copper Products:

  Offers a variety of copper materials such as copper concentrate, electrolytic copper, blister copper, and copper cathodes, serving the electrical and construction sectors.

• Aluminum Products:

  Engages in the trading of electrolytic aluminum, aluminum oxide, bauxite, and aluminum bars, supporting industries such as automotive, packaging, and construction.

• Niobium and Other Metals:

  Trades in niobium, used in steel production to add strength and durability, as well as chrome ores, manganese ores, ferrochromium, and silicomanganese, vital for the production of stainless steel and other alloys.

• Precious Metals:

  Involved in the import and trading of platinum, gold, and other precious metals, catering to financial, jewelry, and industrial markets.

• Maritime Transportation Services:

  Offers dry and bulk cargo maritime transportation services, facilitating the global trade of its products.

• Production of Specialty Alloys:

  Produces titanium alloys, low-temperature superconducting materials, and high-temperature alloys, used in advanced engineering, aerospace, and research.

• Mining and Exploration:

  Mines and explores for a variety of ores, including copper, zinc, gold, nickel, platinum, palladium, and rhodium, supporting the company’s vertical integration strategy.

• Investment in Mining Companies:

  Invests in mining companies, aiming to diversify its portfolio and secure access to key resources.

• Consulting and R&D:

  Engages in business and investment management consulting, and technical research and development of platinum technology, contributing to advancements in metallurgical processes and applications.