Chinese Mining Companies Overseas Acquisitions Situation Assessment And Policy Recommendations

Mining enterprises have important status in the entity’s economic development in our country, with the rapid development of industrialization in our country; the demand for mineral resources is more and more large. Development of transnational mining companies, national strategic level, or the enterprise strategic level, has become an important direction. Nearly a decade, China’s domestic mining companies also began to grow up towards the international market, the development of overseas mineral resources, overseas mergers and acquisitions are the main investment ways. However, in some mining companies’ overseas merger and acquisition events, often is the beginning of have the huge media scramble to report, after several rough, dim and ending at last. To more detailed understanding of the mining enterprises overseas mergers and acquisitions, in China in30years of mining enterprises overseas mergers and acquisitions and mergers and acquisitions, we select Minmetals group as the research case, the merger and acquisition mining, northern Peru copper Nolan, in Canada and Australia OZ mining mergers and acquisitions background, process and results of the analysis, it sums up the Minmetals acquisition patterns, dynamics, presents the characteristics, during the process of merger and acquisition the impact of merger and acquisition behavior on business strategy, and some problems during the mergers and acquisitions, such as no clear strategic intent, copycat behavior; Mergers and acquisitions subject not clear; Capital investment risk; Problems such as weak and weak joint, through the analysis of these problems, we put forward the following policy recommendations:the government should strengthen the construction of policy, enterprise development strategy, make feasible research, attach great importance to the integration after the merger, cultivating international talents, etc. Final purpose is to through to Minmetals acquisition case study as well as the problem of overseas merger and acquisition in our country, in this research with the goal of internationalization development strategy for mining companies can bring certain inspirations.