据洛阳钼业披露，2024上半年由于旗下两座世界级矿山TFM与KFM综合规模效益逐渐显现，洛阳钼业主要铜钴矿产品产量实现增长，其中铜金属产量31.38万吨，同比增长约101%，达到2023年全年产铜量的75%；钴金属产量5.40万吨，同比增长约178%，达到2023年全年产钴量的97%。Cmoc Group Limited (03993) fell more than 4% during trading and was down 2.82% to HKD 5.85 with a turnover of HKD 99.2054 million at the time of publication.
According to the Zhitong Finance APP, Cmoc Group Limited (03993) fell more than 4% during trading and was down 2.82% to HKD 5.85 with a turnover of HKD 99.2054 million at the time of publication.
On the news front, global's second-largest cobalt miner Glencore said that due to the excess supply of cobalt caused by additional production exceeding demand, the oversupply in the cobalt market may continue until 2026. Glencore CEO Gary Nagle said on Wednesday that the company has stopped hoarding inventory and has started selling some of it. It is reported that cobalt prices have fallen by about 70% from their peak two years ago.
According to Cmoc Group Limited, in the first half of 2024, the comprehensive scale benefits of its two world-class mines, TFM and KFM, will gradually become apparent, and the company's main copper-cobalt mine products will achieve growth. Among them, copper metal production was 0.3138 million tons, an increase of about 101% year-on-year, reaching 75% of the annual copper production in 2023; cobalt metal production was 0.054 million tons, an increase of about 178% year-on-year, reaching 97% of the annual cobalt production in 2023.
