China Natural Resources, Inc., incorporated on December 14, 1993, is a holding company. The Company holds mining rights that allows it to mine, process and sell non-ferrous metals extracted or produced at Yangchong Mine located in Anhui Province in the People's Republic of China (PRC). The Company operates through exploration and mining-non-ferrous metals segment. The Company focuses to continue its acquisition and exploitation of mining rights, including the exploration, mineral extraction, processing and sales of iron, zinc and other nonferrous metals extracted or produced at mines mainly located in Anhui Province in the PRC, as well as its operation of related businesses. The Company conducts these activities through its indirect subsidiary, Wuhu Feishang Mining Development Co., Limited (Wuhu Feishang). The Company is in the early-stages of exploration for additional mineable ore at Yangchong Mine.
Wuhu Feishang's principal activity is the mining of zinc, iron and other minerals for distribution in the PRC. Wuhu Feishang operates the Yangchong Mine, which contains iron and zinc minerals. Wuhu Feishang's principal activities are conducted in approximately four areas: exploration, mineral extraction, ore processing and sales of processed material. Exploration includes conducting geologic surveys to determine the presence of minable ore, securing mining rights and preparing the minable area for mineral extraction. Mining activities consist of opening of ore deposits, cutting and stopping (excavation in successive layers), mine transportation, and planning, designing and construction relating to mining operations. Ore processing is the stage in its operation, through which ores are converted into nonferrous metal concentrates (zinc, iron, micaceous iron oxide grey and copper concentrates) as salable products. To produce metal concentrates, the Company segregates the components of ores from useless stones through physical (such as magnetic separation) or chemical methods, or a combination of the two, and then collects the metal components through a number of concentration methods. Its metal concentrates products are sold to downstream smelting companies for further smelting and refining into respective metals. Its iron concentrates product is sold to iron smelting plants located in Anhui Province, the PRC. The reserve estimates of Yangchong Mine are approximately 13,240 metal tons of iron and approximately 4,500 metal tons of zinc.
The Company competes with Tongling Multi-metallic Group Limited.
Rm 2205 22F West Tower Shun Tak
The company trades on NASDAQ exchange. The company headquarter is located in Hong Kong.| Ticker | CHNR |
| Long Name | China Natural Resources, Inc. |
| Short Name | China Natural Resources |