Zhejiang Metals & Minerals Imp.& Exp. Co., Ltd. (ZJMTD) was established in 1980 and is one of the key subsidiaries of the state-owned enterprise - Zhejiang International Business Group Co., Ltd. As the standing executive council member of China Chamber of Commerce of Metals & Minerals & Chemicals Importers & Exporters and China Chamber of Commerce of Machinery & Electronics Products Importers & Exporters, ZJMTD has been given the franchise to trade in the commodity such as steel, coal, metal scrap, waste paper, hazardous chemicals, fluorspar and firearms. In 2008, its import and export volume exceeded 360 million U.S. Dollars and entrepot trade amounted to 80 Million U.S. Dollars. With a turnover of 3,780 million RMB, ZJMTD has been successively in the list of top 500 import and export enterprises in China and among the best of the companies in the trading of metals and minerals.