As a big steel country, China has entered a new stage in attaching importance to the upstream raw material iron ore resources of the industry. According to the official website of China Iron and Steel Industry Association (hereinafter referred to as “CISA”), recently, CISA held a meeting of executive directors to consider and adopt the proposal on the establishment of an iron ore Working Committee< Br > < div class= "contheight" > < / div > CISA said that the establishment of the iron ore working committee is a major measure taken by CISA to implement the major decisions and arrangements of the CPC Central Committee and the State Council, make good use of the unique advantages of the professional committee of the association, effectively coordinate the strength of domestic steel and iron enterprises, strengthen the research on major issues related to iron ore, and promote the high-quality development of the steel industry in accordance with the requirements of marketization and legalization< Br > < div class= "contheight" > < / div > it is understood that the iron ore Working Committee, as a branch of CISA, is a professional organization that carries out independent management and industry self-discipline in iron ore related work. The committee is composed of large and important iron and steel enterprises and China Mineral Resources Group Co., Ltd. the follow-up work can be carried out according to the situation and the need to increase members< Br > < div class= "contheight" > < /div> at the same time, the scope of work of the existing raw material working committee will be adjusted appropriately, and the functions and related work of the professional committee will continue to be played around coking coal, carbon, scrap steel, ferroalloy and other raw fuels except iron ore, and its organization and membership will remain unchanged< Br > < div class= "contheight" > < /div> it is worth noting that just before the morning of July 25, the founding meeting of China Mineral Resources Group Co., Ltd. (hereinafter referred to as “China minerals”) was held in Beijing. Han Zheng, member of the Standing Committee of the Political Bureau of the CPC Central Committee and vice premier of the State Council, attended the meeting and unveiled the establishment of the company. On the same day, the list of central enterprises on the official website of the state owned assets supervision and Administration Commission of the State Council was updated, including China Mineral Resources Group Co., Ltd., and the number of central enterprises supervised by the state owned assets supervision and Administration Commission increased to 98.
< / div > according to the previous report of CCTV news client, the establishment of China Mineral Resources Group Co., Ltd. is a major measure of the CPC Central Committee and the State Council to make good use of domestic and international markets and resources, and enhance the supply guarantee capacity of China’s important mineral resources. It is of great significance to ensure the safety of the industrial chain supply chain and promote high-quality development. As a wholly state-owned company directly managed by the central government and a state authorized investment institution, the company will adhere to openness, coordination, win-win cooperation, adhere to market-oriented and legal operation, and build a world-class comprehensive mineral resources service enterprise with global competitiveness and influence< Br > < div class= "contheight" > < / div > according to tianyancha information, China minerals was registered on July 19, 2022, with a registered capital of 20billion yuan, and is located in xiong’an new area, Hebei Province. Yao Lin, former chairman of Chinalco group, served as chairman of China minerals; Guobin, deputy general manager of China Baowu, a central iron and steel enterprise, served as the general manager and director of China’s minerals; Shaoanlin, deputy general manager of Angang Group, a central iron and steel enterprise, chairman of Angang mining group and academician of the Chinese Academy of engineering, and Gao Xiaoyu, former CEO and executive director of Minmetals resources (01208.hk), served as deputy general managers. In addition, Gao Gao, Deputy Secretary General of the national development and Reform Commission, served as a director< Br > < div class= "contheight" > < / div > according to the information of China Steel Association, the fourth council meeting of the sixth session of China Steel Association held on July 29 absorbed five units such as China minerals as new members of China Steel Association, added China minerals as the rotating chairman unit, and added Yao Lin as the rotating chairman (designate). The meeting also added shaoanlin and others as vice presidents of the Steel Association< Br > < div class= "contheight" > < / div > he Wenbo, Secretary of the Party committee and executive chairman of China Iron and Steel Association, said on the same day that China mineral has officially become a member of China Iron and Steel Industry Association since today, and plays a role as a core member in the industry as a rotating president unit. At the same time, the Association officially established a special iron ore Working Committee with the participation of heads of some major member enterprises, and set up a new business department to work as the Secretariat of the working committee, in which China minerals will play a leading role< Br > < div class= "contheight" > < / div > as a member of the National Committee of the Chinese people’s Political Consultative Conference, he Wenbo once proposed in his proposal report to the country that a powerful steel country is being achieved, and a powerful resource country has a long way to go. “The emergence of China’s minerals has greatly increased our confidence in future resource protection, which is greatly beneficial to China’s steel industry and the world’s steel industry. You know, in this regard, all steel enterprises in the world have the same interests.” He Wenbo said.