| Century has two key strategic partners, Baowu Steel Group and Minmetals, both Chinese state-owned enterprises. Each partner provides financial resources and technical expertise assisting the Company to advance its projects to production. | ||
Baowu |
Minmetals |
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 China Baowu Steel Group Corp., Ltd. (“Baowu”), through its subsidiary, holds a 23.5% equity interest in Century and in 2019 was the world’s second largest steel producer and ranked 111th among Fortune’s Global 500 list of companies. Baowu was formed in December 2016 as a result of a merger of Chinese state-owned companies; Baosteel Group Corp., Ltd. and Wuhan Iron and Steel (Group) Corporation (“WISCO”). |
 China Minmetals Corp. (“Minmetals”), through its subsidiary, holds 4.7% equity stake in Century and in 2019 was ranked 92nnd among Fortune’s Global 500 list of companies. Minmetals is engaged in the production and trading of metals and minerals, including copper, aluminum, tungsten, tin, antimony, lead, zinc, iron and other steel-making related commodities. |
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| Read more about the Minmetals-Century relationship | ||