Merger creates resource giant
China Daily | Updated: 2011-03-11 08:06
JX Holdings was formed in 2010 through a merger between Nippon Oil Corp and Nippon Mining Holdings, with the aim to become one of the world's leading integrated energy, resources and materials groups.
The merger gave JX Group the biggest share in the fuel market in Japan, the largest paraxylene supply capacity in Asia and the second-largest copper smelting and refining capacity in the world.
It has also aggressively moved into oil, natural gas and copper exploration and development.
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