Overview
MMG (formerly Minmetals Resources Limited) is on its best mettle (or metals). The company, whose major shareholder is state-controlled China Minmetals Corporation, has reshaped itself from one of the largest Chinese importers and suppliers of alumina to a contender as one of the world's largest copper miners and base metals developers. MMG's major development projects include Las Bambas in Peru, one of the world's largest copper projects under
...
Read More construction, and Dugald River, a high-grade zinc/lead/silver deposit located in north-west Queensland, Australia. As a part of the company's growth strategy, in 2014 MMG acquired the Las Bambas copper project from Glencore.
Read Less
Read More construction, and Dugald River, a high-grade zinc/lead/silver deposit located in north-west Queensland, Australia. As a part of the company's growth strategy, in 2014 MMG acquired the Las Bambas copper project from Glencore.
Read Less
LIANG CAO
See more contacts
Management of Companies and Enterprises
,
Metal Ore Mining
,
Investment holding companies, except banks
,
Copper ores
,
Lead and zinc ores
?
$4.48 billion
Actual
3.05%
1,698.89%
$14,985
DEC
?
?
Hong Kong:01208
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$4.48 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $1,612 | $1,850 | $832 |
| Net Investing Cash | -$2,970 | -$790 | -$539 |
| Net Financing Cash | $1,104 | -$985 | -$1,176 |
| Net Change in Cash | -$254 | $75 | -$883 |
| Cash at Beginning of Period | $447 | $372 | $1,255 |
| Cash at End of Period | $193 | $447 | $372 |
| Capital Expenditure | -$928 | -$791 | -$566 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $192 | $446 | $200 |
| Accounts Receivable | $444 | $355 | $213 |
| Inventories | $529 | $390 | $873 |
| Other Current Assets | $337 | $205 | $374 |
| Asset Summary | |||
| Total Current Assets | $1,502 | $1,395 | $1,660 |
| Tangible Fixed Assets | $11,842 | $9,535 | $9,621 |
| Intangible Assets | $6 | $6 | $6 |
| Total Assets | $14,986 | $11,901 | $12,536 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $387 | $322 | $272 |
| Short-Term Debt | $889 | $1,331 | $1,203 |
| Other Current Liabilities | $693 | $547 | $480 |
| Liability Summary | |||
| Total Current Liabilities | $1,969 | $2,201 | $1,955 |
| Long-Term Debt | $3,740 | $3,376 | $4,210 |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $8,707 | $7,589 | $8,307 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $4,380 | $3,225 | $3,220 |
| Retained Earnings | $ | $ | $ |
| Equity Summary | |||
| Total Equity | $3,419 | $2,123 | $2,139 |
| Shares Outstanding | 12,129,014,000 | 9,183,606,052 | 9,180,249,451 |