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Companies
SSE: 603993CopperCMOCChinese miner, formerly China Molybdenum Company, that has grown into one of the world's largest producers of cobalt and a major copper producer through its Congolese subsidiaries. It is listed in both Shanghai and Hong Kong with state-owned entities holding a minority stake.SZSE: 002460Battery metalsGanfeng LithiumChina's largest lithium salt producer, founded in 2000 by Li Liangbin and dual-listed in Shenzhen and Hong Kong. It took full ownership of Mali's Goulamina lithium project in 2024-2025 by buying out its former partner, Leo Lithium.
SSE: 603799Battery metalsHuayou CobaltChinese battery-materials group headquartered in Zhejiang that began processing Congolese cobalt in 2006 before moving into direct mining. It is the world's largest cobalt refiner by market share and is listed in Shanghai.
HKEX: 1208CopperMMGMelbourne-headquartered base metals miner majority owned by China Minmetals, which holds a 67.49% stake. It is listed on the Hong Kong Stock Exchange and operates copper and other base metal mines across several continents.
SZSE: 002738Battery metalsSinomine Resource GroupChinese mining and mineral-services company founded in 1999 and listed in Shenzhen, which moved into African lithium in January 2022 by acquiring Zimbabwe's Bikita mine for $180m. It has since invested a further $200m expanding processing capacity there.
SSE: 601899CopperZijin MiningPartly state-owned Chinese miner headquartered in Fujian province and dual-listed in Shanghai and Hong Kong. It has expanded aggressively into Africa over the past decade to become one of the continent's largest copper investors.