Minxia Non-Ferrous Metals, Inc. OFAC Settlement: $1.2M

Last updated: July 20, 2026

Minxia Non-Ferrous Metals, Inc. settled alleged violations of the Cuban Assets Control Regulations, remitting $1,198,000.00 to resolve allegations that it purchased or otherwise dealt in Cuban metals without an OFAC license or outside the scope of its license between approximately May 2003 and October 2006. Minxia did not voluntarily disclose this matter to OFAC.

Penalty Amount

$1,198,000.00

Enforcement Date

July 31, 2008

Rank in Top Penalties

#98

Case Details

Type:: Entity
Name:: Minxia Non-Ferrous Metals, Inc.
Country:: 🇺🇸 United States
Industry:: Trading
Address:: Columbia, Maryland 21044
Penalty amount:: $1,198,000.00
Egregious case:: Unknown
Voluntary self disclosure:: No
Case:: Settlement
Violation period:: May 2003 to October 2006
Program:: Cuban Assets Control Regulations
Enforcement date:: July 31, 2008

Official Source Documents

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Archived on June 13, 2026

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