China Molybdenum
China Molybdenum Company Limited (simplified Chinese: 中国钼业; traditional Chinese: 中國鉬業) is the largest molybdenum producer in Mainland China and top 5 in the world listed in the Hong Kong Stock Exchange and Shanghai Stock Exchange. It is one of the largest tungsten producers in the world, and is the second largest Cobalt and Niobium Producer and the leading Copper producer worldwide. The headquarters of the company is at Luanchuan County, Luoyang City, Henan Province. The chairman is Yuan Honglin (袁宏林), elected in June 2020.[1]
 | |
| Type | State-owned enterprise |
|---|---|
| Industry | Metal and Phosphate mining |
| Founded | 1982 |
| Headquarters | , People's Republic of China |
Area served | Worldwide |
Key people | Yuan Honglin (Chairman) |
| Products | Copper, Molybdenum, Tungsten, Cobalt, Niobium and Phosphate related products |
| Revenue |  CN¥7.432 billion(2018Q1) |
| CN¥2.589 billion(2018Q1) | |
| CN¥1.856 billion(2018Q1) | |
| Parent | China Molybdenum Group |
| Website | China Molybdenum Company |
On 26 April 2007, China Molybdenum was listed in Hong Kong Stock Exchange. Its stock was closed at HK$10.28, which was 60% greater than HK$6.8, the IPO price. It was one of the stocks with the greatest surplus in stock price at the first trading day in 2007.
China Molybdenum joined the Hang Seng China Enterprise Index from 2007 to 2010. Among its holdings is the Tenke Fungurume Mine in the Democratic Republic of Congo. The mine holds copper, as well as cobalt for lithium-ion batteries.[2]
References
- "Director and Supervisors of CMOC". China Molybdenum. Retrieved 2020-09-09.
- China plays long game on cobalt and electric batteries FT
External links
- China Molybdenum Group (in Chinese)
- China Molybdenum (in English)
