VAN 0.00% 4.7¢ vango mining limited

1. ORD's partners- China Nonferrous Metal Group (CNMC) is one of...

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    1. ORD's partners

    - China Nonferrous Metal Group (CNMC) is one of the largest mining companies in the world. It is a leader mining company in nonferrous metal sector. Its Chairman is Mr. Luo Tao, Chairman of ORD.

    - China Nonferrous Metals Int?l Mining Co., Ltd (CNMIM), a key member of CNMC is currently the largest shareholder in ORD. It is targeting global mineral resources including copper, lead, zinc, gold, nickel and cobalt.

    - China Nonferrous Metal Industry?s Foreign Engineering and Construction Co. Ltd (NFC has a market cap of US$3.2b), a listed large mining company and a member of CNMC is ORD?s partner in Laos bauxite project. NFC is a leading producer in aluminium in China and the world.

    2. Chairman - Mr Luo Tao
    - ORD (Non-Executive Deputy Chairman)
    - CNMC (President)
    - CNMIM (Chairman)
    - NFC (Chairman)
    - Former Chairman of Committee of Supervisors and Vice President of Aluminium Corporation of China Ltd (CHALCO has a market cap of US$21b), a company listed on the New York Stock Exchange and Hong Kong Stock Exchange and China?s largest alumina and aluminium company.

    ORD's partners and managers have very close relationship with state and should be easy to get support from Chinese banks.
 
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