China Minmetals Acquisition Of OZ Minerals Australia Ponder

With the unceasing developing of economic globalization, the economic developmentof all countries demand more and more energy resources, this phenomenon leads to thedependence of resources is being strengthened constantly. The different of resourceendowment, scarcity and irrefragable of resources, in this context, it is difficult to rely onnational resources for its economic and social development, therefore, in order to gainmore resources all countries are actively widen channels through the international market.So does China. In the face of today’s so serious resources situation, a lot of Chineseresources enterprises have go abroad for foreign direct investment. However, in the globalresources race background, more and more countries began to pay attention to overseasresources exploration, development and conscious to protect its own resources. Manycountries made policy to encourage domestic resources enterprise to carry on the foreigndirect investment, at the same time, also established very strict resources enterprise mergerverification system to protect their own energy for economic sustainable development. Thecomplex situation made many difficulties to the foreign invest resources enterprises, so theroad of Chinese resources enterprises "going out" is not flat. In this context, further studyof successful cases during Chinese resources enterprises in the transnational merger andacquisition and sum up the experience, it has important significance to guide Chineseresources enterprises transnational M&A. The paper analyses the situation andcharacteristics of Chinese resources enterprises transnational M&A and Chinese foreigndirect investment using a large number of economic data and charts. And then based on theSWOT and PEST model, this paper through a study of the details of China MinmetalsCorporation and OZ Minerals merger, provides some valuable suggestions for overseasM&A of SOE by central government and gives some helpful reference for improving thesuccess rate of overseas M&A of SOE by central government.