MMG Ltd - Company Profile
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MMG Ltd (MMG) is a mining company that operates, explores, and develops mineral deposits. It primarily explores zinc, copper, lead, gold, molybdenum, and silver deposits. The company operates through various mining projects such as Kinsevere, Las Bambas, Khoemacau, Rosebery, and Dugald River project. MMG also operates development projects, namely, Chalcobamba project in Las Bambas district, Peru; and the Izok Corridor project in Nunavut, Canada. It also focuses on new discovery exploration programs in Australia, the Americas, and Southern Africa. The company, through its subsidiaries, operates in Australia, Peru, Switzerland, Laos, Canada, the Netherlands, Singapore, Hong Kong, Beijing, British Virgin Islands, Democratic Republic of Congo, and the UK. MMG is headquartered in Melbourne, Victoria, Australia.
Headquarters
Australia
Address
Level 24, 28 Freshwater Pl, Southbank, Victoria, 3006
Website
www.mmg.com
Telephone
61 3 92880888
No of Employees
5,516
Industry
Metals and Mining
Ticker Symbol & Exchange
1208 (HKG)
Revenue (2024)
$6.2B
38.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
214.6%
(2024 vs 2023)
Market Cap*
$11.4B
Net Profit Margin (2024)
XYZ
126.9%
(2024 vs 2023)
* As of and is in US$
MMG Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Zinc |
| Copper |
| Lead |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In May, the company signed a Subscription and Shareholders’ Agreement with CNIC Corporation Limited to form a joint venture for the Khoemacau Copper Mine in Botswana. |
| 2023 | Contracts/Agreements | In December, MMG Kinsevere entered an agreement with ENFI Corporation to deliver LV Cabinets for the Kinsevere expansion project. |
| 2023 | Contracts/Agreements | In November, the company entered into an agreement to acquire Cuprous Capital, the parent company of the Khoemacau copper mine in Botswana for US$1.88 billion. |
Competitor Comparison
| Key Parameters | MMG Ltd | BHP Group Ltd | Fortescue Ltd | Croydon Critical Minerals Limited | Duketon Mining Ltd |
|---|---|---|---|---|---|
| Headquarters | Australia | Australia | Australia | Australia | Australia |
| City | Southbank | Melbourne | Perth | Perth | Perth |
| State/Province | Victoria | Victoria | Western Australia | Western Australia | Western Australia |
| No. of Employees | 5,516 | 39,369 | 11,693 | - | - |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Xu Jiqing | Chairman | Executive Board | 2023 | 58 |
| Zhao Jing, Ivo | Chief Executive Officer; Director | Executive Board | 2025 | 41 |
| Qian Song | Chief Financial Officer | Senior Management | 2024 | 54 |
| Nan Wang | Executive General Manager- Operations | Senior Management | 2022 | 52 |
| Troy Hey | Executive General Manager - Corporate Relations | Senior Management | 2013 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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