China Natural Resources Inc. (Public, NASDAQ:CHNR), China Mining Resources Group Ltd. (Public, HKG:0340) and Hunan Nonferrous Metals Corporation Ltd. (Public, HKG:2626) are companies that mine resources in China to help fuel the country’s 8% GDP growth. These companies supply their country’s need for natural resources and some have a place in their heart for community.

Natural resources are definitely abundant in China. These resources include; iron ore, coal, aluminum, natural gas, petroleum, magnetite, mercury, manganese, lead, tin, vanadium, molybdenum, uranium and much more. China is also one of the largest producers of zinc, antimony and tungsten. Molybdenum is a very import commodity because it has an extremely high melting point of 2,625°C. This is useful because it is used as an alloy agent in steel cast iron and super alloys. There are also few substitutes for molybdenum. The most profitable minerals to mine in China are probably natural gas and petroleum. These companies are proving that there is money to be made in feeding the dragon, and they are doing a fine job so far.

China Natural Resources is engaged in the exploration, processing and exploitation of minerals domestically and internationally. The company sells a wide range of natural resources with an emphasis on quality. CHNR has its headquarters in Shenzhen, China. The company supplies iron concentrate, zinc concentrate and micaceous iron oxide powder. CHNR shut down a copper smelting plant in Inner Mongolia that provided blister copper, silver, gold and sulfuric acid. The idea was to concentrate working capital on the more profitable core coal, iron and nonferrous metal mining business. The company is now concentrating heavily on exploration in order to ramp up production. China Natural Resources Inc. has a market cap of $235.19 million and their stock is currently valued at $10.35 per share.

China Mining Resources Group Ltd. Concentrates on mining and processing mainly molybdenum, copper, zinc and other metal products. The company is based in Harbin, Heilongjiang Province, PRC. Strangely enough, this company is also involved in the sale and cultivation of tea products. And by tea, I mean green tea, black tea, oolong tea and jasmine tea. The company enjoys its social responsibility to the well-being of the Hong Kong community. China Mining Resources Group makes sure to promote activities that emphasize their relationship with all of their stakeholders on economic, social and environmental issues. The company has spent RMB 1.17 million so far to rebuild two elementary schools that were destroyed by an earthquake. China Mining Resources Group Ltd. (Public, HKG:0340) has a market cap of $1.28 billion and their stock is currently valued at $0.208 per share.

Hunan Nonferrous Metals Corporation Ltd. focuses on the production and sales of nonferrous metals. The company holds mining rights in Hunan Province to mine for lead, zinc, tungsten, antimony, bismuth and fluorite and is listed as one of the Top 500 China enterprises. Hunan Nonferrous is a service provider for many types of nonferrous metals and integrates smelting, R&D, mining and surveying into its operations. The company also owns “the fourth largest scheelite mine in the world”. The company has 10 subsidiaries and is striving to build a good international financial platform. To learn more about this company, visit their website, at http://www.hng.com.cn/English/Index.asp. Hunan Nonferrous Metals Corporation Ltd. (Public, HKG:2626) has a market cap of $9.39 billion and their stock is currently valued at $2.56.

These 3 companies are proving to be the backbone for the manufacturing capacity in China. It is because of their hard work and high output that China’s economy is allowed to grow so quickly. The technology that these companies are putting in place are shaping the way they will operate in the future. Without these vast resources, China could easily slip away from what it once had. The Japanese do not have very many resources on their islands, but their innovation and ingenuity allow them to prosper. The Chinese are in a better starting position with all of their resources. Natural resources will continue to be the backbone of the red dragon, at least until the economy reaches a point where it can cool down. Once this happens, post-industrialization needs are bound to erupt in China.

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