Chinese state-owned company China Mineral Resources Group (CMRG) International Iron Ore Trading Co., Ltd. was established with a registered capital of 1.1 billion yuan ($0.16 billion).
Accordingly, the company's business scope includes purchasing agency services, sales of metal ores, sales of metal materials, sales of non-metallic minerals and their products, import and export of goods, import and export agency services, domestic trade agency services, international freight forwarding, equity investment activities and asset management services for investments made with equity capital. CMRG International Iron Ore Trading Co., Ltd. fully owned by CMRG.
