Metallurgical Corporation of China

Metallurgical Corporation of China Limited is a listed company in Shanghai and Hong Kong stock exchanges.

The MCC won the bidding for a 10-year lease up to October 2012 and started the commercial production of the SCGP.

In 2007, China Metallurgical Group Corporation won the bidding for the price of US Dollars 909 million.

The company says the project has a total reserve of 140 million tons of nickel and will have a mine life of 40 years.

[7] The project has sparked controversy over its deep sea tailings disposal plan, previously approved by the PNG Department of Environment and Conservation, and blasting work to build the outlet was halted by an injunction in the National Court of Papua New Guinea on 19 March 2010.