President / Co-Chairman CITIC Metal Group Limited / Ivanhoe Mines
Yufeng “Miles” Sun joined the Ivanhoe Mines Board as Non-Executive Co-Chairman in September 2018. Mr. Sun is President of CITIC Metal Group Limited (100% shareholder of CITIC Metal Co., Ltd.), which is based in Hong Kong.
He joined CITIC Group Corporation in 1987 and then managed the company’s steel trading and investment business in the United States for five years. In 1999, he joined CITIC Metal Co., Ltd. and served as its President and Chairman between 2003 and 2016, during which CITIC Metal Co., Ltd. developed into a major commodity trading and mining investment subsidiary of CITIC Group. In 2016, he was appointed as President of CITIC Metal Group Limited which was established as the operating and profitable hub of CITIC Group's resources segment. In March 2019, he also was appointed as Chairman of CITIC Resources Holdings Limited (HKG: 1205).
Mr. Sun has more than 32 years’ experience in the metals and mining industry. During this period, he has successfully directed investments in many quality assets in China and internationally, such as China Platinum Corporation Co., Ltd., Western Superconducting Technologies Co., Ltd., (the first Chinese science and technology innovation board-listed company; SHA: 688122), Companhia Brasileira de Metalurgia e Mineração (CBMM; the largest producer of niobium in the world), and Las Bambas copper project (one of the world’s largest copper mines).
Mr. Sun holds a Master of Business Administration degree from the University of Delaware and a Bachelor of English Literature from Shanghai International Studies University.