In March 1997, Maogong Mining was founded, being as the first iron ore mine in Hanking.
In March 1998, Fushun Hanking Aoniu Iron Mine was acquired, which has become the largest operating iron ore mine in the Fushun area.
In March 2004, the Benxi Mine was acquired and started in operations in the same year.
In July 2008, the company acquired 70% equity interest of Xingzhou Mining.
In June 2010, the company acquired the rest 30% equity interest of Xingzhou Mining.
In September 2011, the Company listed on the HKEX.
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.
In January 2013, the Company acquired 100% equity interest of the Western-Australian SXO Gold Mine.
In August 2014, The SXO Gold Project commenced mine stripping.
The SXO Gold Project was put into commercial production.