Company Profile For Hunan Nonferrous Metals Corporation Limited

Hunan Nonferrous Metals Corporation Limited, together with its subsidiaries, is an integrated producer of nonferrous metals, excluding aluminium, in the People's Republic of China. The Company is a producer of cemented carbides, zinc and antimony, as well as lead, silver, indium, tantalum and niobium. The Company operates in three segments: nonferrous metal mine site segment, which is engaged in the mining and trading of nonferrous metals; nonferrous metal smelting segment, whihc is engaged in the smelting and trading of nonferrous metals, and cemented carbides, and tungsten, molybdenum, tantalum, niobium and their compounds segment, which is engaged in the manufacture and trading of hard alloys and refractory metal compounds, such as cemented carbides, and tungsten, molybdenum, tantalum, niobium and their compounds. Some of its subsidiaries include Zhuzhou Cemented Carbides Group Corp., Ltd., Zhuzhou Smelter Group Holding Co., Ltd. and Hengyang Yuanjing Tungsten Co., Ltd.

BRIEF: For the six months ended 30 June 2009, Hunan Nonferrous Metals Corporation Ltd's revenues decreased 30% to RMB6.2B. Net loss totaled RM212.4M, vs. an income of RM74.2M. Revenue reflect a decrease due to surcharge from the Nonferrous metal mine segment and decreased turnover from Nonferrous metal smelting segment. Net loss reflects a decrease in gross profit margin and increased share of loss of associates.

Hunan Nonferrous Metals Corporation Limited
Unit 3103, 31/F
Office Tower, Convention Plaza
1 Harbour Road, Wanchai
   

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