OZ Minerals is an Australian mining company, formed from the merger of Oxiana Limited and Zinifex in 2008. In 2009, Chinese state owned China Minmetals proposed a purchase of the heavily indebted company. The Chinese proposal was one of three high profile moves by Chinese firms to acquire stakes in the Australian mineral sector in early 2009. The China Minmetals offer along with other proposed purchases, especially the Chinalco planned stake in Rio Tinto, caused great public furor, adding political pressure to block Minmetals.

OZ Minerals is a leading Australian based mining company that is engaged in the exploration, development and production of copper, gold, and silver. The company was founded in 2000 and is headquartered in Adelaide, South Australia. It is a publicly listed company on the Australian Stock Exchange and has a market capitalization of over $4.2 billion. OZ Minerals is one of the largest copper producers in Australia, with copper being its primary focus. The company has two major copper mines in South Australia, Prominent Hill and Carrapateena, and is also involved in exploration activities in Queensland and Western Australia. In addition to copper, the company also produces gold and silver at its Prominent Hill mine.

OZ Minerals has a strong commitment to sustainability and is committed to responsible mining practices. It is an active member of the International Council on Mining and Metals and is a signatory to the United Nations Global Compact. The company has a number of initiatives in place to reduce its environmental footprint, including water and energy efficiency, emissions reduction, and waste management. The company is also committed to supporting the local communities in which it operates and has established a number of social and economic initiatives to this end. These include providing employment opportunities, supporting local businesses, and contributing to community development projects.

OZ Minerals is a major employer in South Australia and is a major contributor to the state’s economy. It is also a major contributor to the national economy, with its operations contributing over $1.5 billion to the Australian economy in 2019. Overall, OZ Minerals is a leading mining company with a strong commitment to sustainability and responsible mining practices. It is a major employer in South Australia and a major contributor to the national economy. The company is well-positioned to continue to be a leader in the industry for many years to come.

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