YCI is over $4B (AUD) market cap with its 49% owner Chinalco being $14B so perhaps not for the losses.
Been doing a bit of searching and this is a bit old but sheds a little bit of light i think...
http://www.cycal.com.au/irm/content/company-highlights.aspx
"This strategy is supported and assisted by CYU's cornerstone shareholder, Yunnan Copper Industry (Group) Co Ltd. (YCI) which is China's third largest copper producer. YCI supports CYU's role as YCI's international investment arm and mining house."
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