五矿

Ambitious chief leads the Chinese metals pack

Andrew Michelmore has a big job on his hands.

The chief executive of Minmetals Resources, a subsidiary of state-owned China Minmetals Corporation, wants to expand the company into a leading, mid-tier miner, of a size to rival Canada’s Teck Resources or London-listed Antofagasta.

That means quadrupling the company’s value in the next three to five years – something Mr Michelmore intends to accomplish largely through acquisitions.

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