China Natural Resources Inc, listed on the Nasdaq capital market (code: CHNR), is one of the leading resources group in China. It is principally engaged in the exploration, exploitation, processing of minerals; and the sale of a wide range of natural resource products and related industrial materials. CHNR's high quality assets and operations span geographically across various regions in China, such as Anhui, Guizhou. Headquartered in Shenzhen, China, with an office in Hong Kong, CHNR currently has near 1550 employees worldwide in the operations we manage.
Ferrous and nonferrous metals and related industrial products
Our zinc-iron mines operations in Anhui is under commercial production, providing a constant supply of iron concentrates, zinc concentrates, micaceous iron oxide powder. The production outputs of zinc, iron concentrates, micaceous iron oxide grey powder were total 1,160 tons, 23,200 tons, and 1,249 tons respectively in 2011.
Resources exploration remains a crucial part of CHNR's work. Only by continuously identifying and acquiring mineral assets with high mineral potentials as well as conducting professional scientific exploration on these sites can we fulfill our objectives of enhancing existing businesses while expanding our portfolio in near future. So far, we have invested a large amount of capital and human resources in our exploration work, covering 3 sites in Anhui provinces, and the initial reports never fail to excite us with encouraging discoveries of prospective metallurgic deposits and other precious earth treasures.
Energy resource product: Coal
With aspirations to become the leading player in the natural resources field in China, CHNR has made significant steps to realize our development plans in the coal industry, which has long been demonstrating huge market potentials. By making strategic and visionary acquisitions, the group is entitled to 7 exploitation permits and 7 coal mines in Guizhou.
CHNR's current achievements relied on a series of successful corporate moves of merger and acquisition, and in the foreseeable future, we will continue this strategy to appropriately focus and invest our resources, as well as to grow our businesses. By ever strengthening technologies and expertise in the mining industries, we pledge to provide high quality products at reasonable costs to our customers, while maximizing our shareholder value at the same time.