Chinese state firms took control of Mawei Mining's Malawi concession without required approval, exposing governance gaps in African mining.
Company Profile
Hainan International Resources
About Hainan International Resources
Hainan International Resources Group Co., Ltd. is a Chinese state-owned resources and commodities enterprise headquartered in Haikou, Hainan, China. Founded in 1991 and controlled by the Hainan provincial government, the group operates across bulk-commodity trading, mineral resources, energy products and international supply-chain logistics. Within the critical-minerals and rare-earth context, Hainan International Resources participates in the sourcing, import and trade of strategic raw materials, leveraging Hainan’s Free Trade Port status, which opens exploration, mining and beneficiation of rare-earth elements to broader investment. The company functions as a state-linked trading and resources platform rather than a dedicated rare-earth miner, connecting Chinese industrial buyers with global supplies of metals, ores and energy commodities. Its activities form part of China’s wider state-coordinated approach to securing access to critical raw materials used in magnets, batteries and advanced manufacturing.
Its Chinese name is 海南国际资源(集团)股份有限公司. It holds 49% of Xinjin International, the owner of Mawei Mining’s Makanjira heavy mineral sands license in Malawi. REEx has found no rare earth production of its own.