China Nonferrous Metal Mining Group

"A unit of state-owned metals giant China Nonferrous Metal Mining Group said in a statement Wednesday it will provide engineering design, equipment supply and installation, construction and training services for the Iran Butia steel plant... China Nonferrous' Shenzhen-listed engineering and construction arm— China Nonferrous Metal Industry's Foreign Engineering & Construction Co.—will handle the work... China Nonferrous' unit has several other projects in Iran, mostly assisting Iranian companies building factories producing aluminum, alumina and ferroalloys. China Nonferrous didn't respond to a call for comment Wednesday... The China Nonferrous deal might not trigger strong protests from the U.S. given the relatively small scale, and steel's less strategic role compared with crude oil." (The Wall Street Journal, "China Signs Steel Deal in Iran," 1/16/2013)  (http://professional.wsj.com/article/SB10001424127887323468604578245062626996592.html?mg=reno64-wsj)

As of March 9, 2021, China Nonferrous remained on the Florida SBA List of Continued Examination Companies with Petroleum Energy Activities in Iran.  (https://www.sbafla.com/fsb/Portals/FSB/Content/GlobalGovernanceMandates/QuarterlyReports/Global_Governance_Mandates_and_Florida%20Statutes_2021_03_09.pdf?ver=2021-03-09-125453-813)

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> China Nonferrous Metal Industry's Foreign Engineering & Construction is listed on the March 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list. (http://treasury.dor.alaska.gov/Portals/3/docs/resolutions/ARMB%20Iran%20Divestment%20List%203-31-19.pdf)

Oct 2017 - “South Aluminum Company or Salco is building a 300,000-ton/year unit in Asaluyeh, a natural gas hub in Bushehr Province, which is expected to start production in late 2018,” he said. That project is financed by China’s NFC, or China Nonferrous Metal Industry’s Foreign Engineering and Construction Company.” (https://financialtribune.com/articles/economy-business-and-markets/74879/iran-to-add-336000-tons-of-aluminum-capacity-in-2018)

In 2020, the U.S. state of Mississippi listed China Nonferrous on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering it ineligible for investment and/or state contracting. (https://www.dfa.ms.gov/media/sd1ccddh/businesses-doing-business-with-iran-12-4.docx)

In 2017 the U.S. states of Alaska, Florida, and Iowa,  listed China Nonferrous Metal Mining on its Iran scrutinized companies list rendering China Nonferrous Metal Mining ineligible for investment and/or state contracting. (http://treasury.dor.alaska.gov/Portals/3/docs/ARMB%20Iran%20Divestment%20List%203-31-17.pdf) (https://www.sbafla.com/fsb/Portals/FSB/Content/GlobalGovernanceMandates/QuarterlyReports/2017/Global_Governance_Mandates_and_Florida%20Statutes_2017_03_14.pdf?ver=2017-03-14-132558-093) (https://www.legis.iowa.gov/docs/publications/DF/861476.pdf)

China Nonferrous Metal Industry's Foreign Engineering & Construction is listed on the June 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list. (http://treasury.dor.alaska.gov/Portals/3/docs/resolutions/ARMB%20Iran%20Divestment%20List%206-30-19.pdf)

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As of August 15, 2019, the state of Iowa listed China Nonferrous Metal on its Iran scrutinized companies list. (https://www.ipers.org/sites/default/files/media/2017%2009%20Iran%20Prohibited%20Companies%20List%2009-30-17.pdf)

As of May 17, 2021, Iowa's Public Employee's Retirement System lists China Nonferrous on its Iran Scrutinized Companies List. (http://www.mfprsi.org/site_media/uploads/divestments/iran_list.pdf) (https://www.ipers.org/sites/default/files/IPERS%27%20Iran%20Prohibited%20Companies%203Q19.pdf)