In recent years, with the implementation of the "going out" strategy and the implementation of the "Belt and Road" initiative, non-ferrous metal enterprises have made significant progress in overseas investment and international operations. This year, China Nonferrous Metals Industry Association ranked the overseas assets of nonferrous metal enterprises for the first time and calculated its internationalization index according to international practice. A few days ago, the sorting results were released to the public.
The overseas assets of the top 20 non-ferrous metal enterprises with overseas assets accounted for more than 30% of their total assets. In 2021, the overseas assets of the top 20 non-ferrous metal enterprises in overseas assets will be 923.83 billion yuan, accounting for 30.4% of the total assets of these 20 enterprises; in 2021, the overseas business income will be 714.77 billion yuan, accounting for 19.8% of the operating income of these 20 enterprises; Annual overseas employees are 90,000, accounting for 12.4% of the employees in these 20 companies.
There are 17 companies with overseas assets exceeding 10 billion yuan. Among the top 20 non-ferrous metal enterprises with overseas assets in 2021, 17 enterprises have overseas assets exceeding 10 billion yuan, of which 4 enterprises have overseas assets exceeding 100 billion yuan. The four companies are: Aluminum Corporation of China, China Minmetals Corporation, Luoyang Luanchuan Molybdenum Industry Group Co., Ltd., and Zijin Mining Group Co., Ltd.
The internationalization index is close to or exceeds 50% of 5 companies. Among the top 20 non-ferrous metal companies with overseas assets in 2021, 5 companies have an internationalization index close to or exceeding 50%. The five companies are: North Mining Co., Ltd., Luoyang Luanchuan Molybdenum Industry Group Co., Ltd., Tianqi Lithium Industry Co., Ltd., China Nonferrous Metals Mining Group Co., Ltd., and Zhejiang Huayou Cobalt Co., Ltd.
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