Company Mile Stone

  • 1997

    In March 1997, Maogong Mining was founded, being as the first iron ore mine in Hanking.

  • 1998

    In March 1998, Fushun Hanking Aoniu Iron Mine was acquired, which has become the largest operating iron ore mine in the Fushun area.

  • 2004

    In March 2004, the Benxi Mine was acquired and started in operations in the same year.

  • 2008

    In July 2008, the company acquired 70% equity interest of Xingzhou Mining.

  • 2010

    In June 2010, the company acquired the rest 30% equity interest of Xingzhou Mining.

  • 2011

    In September 2011, the Company listed on the HKEX.

  • 2012

    In September 2012, the Company acquired 100% equity interest of Fushun Shangma.

    In December 2012, the Company acquired 70% stake of the Indonesian Laterite Nickel Mine.

  • 2013

    In January 2013, the Company acquired 100% equity interest of the Western-Australian SXO Gold Mine.

  • 2014

    In August 2014, The SXO Gold Project commenced mine stripping.

  • 2015

    The SXO Gold Project was put into commercial production.

  • 2016

    Until December 2016, the total output of gold in the SXO Gold Project accumulated to 121,456 ounces gold, respresenting an increase of 106% as compared with the year before

  • 2017

    In April, 2017, SXO Asset was sold successfully at a sales price based on the enterprise value of AUD330 million