CNMC appoints aviation fuel boss as chairman

Copper smelter. Stock image.

State-owned China Nonferrous Metal Mining Group (CNMC) has appointed aviation fuel boss Xi Zhengping as its new chairman, replacing Wang Tongzhou.

The switch was decided at a meeting of company executives and representatives of the State-owned Assets Supervision and Administration Commission (Sasac) on Thursday, CNMC said in a statement.

Wang, 54, had served as CNMC chairman since June 2018 and has now been named as the new chairman of China Communications Construction Group.

Xi, the same age, had been general manager of China National Aviation Fuel Group since November 2015 but immediately prior to that had a stint as deputy general manager of CNMC and previously worked at a metals research institute.

Beijing-based CNMC has copper assets in Zambia and the Democratic Republic of Congo and also controls Chinese copper producer Daye Nonferrous.

(By Tom Daly and Min Zhang; Editing by Susan Fenton)

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