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Announcement of Luoyang Molybdenum Industry on the production status of major products in 2024
The two major Block Orders in the Democratic Republic of the Congo have increased production, CMOC Group Limited's 2024 Copper and Cobalt output both increased by over fifty percent year-on-year | Quick Announcement.
① Benefiting from the capacity expansion and increased production of the two major Block Orders mines in the Democratic Republic of the Congo, CMOC Group Limited's main mineral product output achieved overall growth last year; ② Among these, the increases in Copper and Cobalt products were particularly notable, with year-on-year growth rates exceeding fifty percent.
Express News | Cmoc Group Says 2024 Copper Output up 55% Y/Y to 650,161 Metric Tons
CMOC Group Limited (603993.SH): The annual production of Copper in 2024 is 0.65 million tons.
On January 6th, 2024, Glonhui reported that CMOC Group Limited (603993.SH) announced the production capacity of its main products for the year 2024. According to the company's preliminary calculations, the announcement regarding the production capacity of its main products for 2024 is as follows:
Guolian's Nonferrous Metals investment strategy for 2025: Supply constraints, bullish on the cyclical trend.
Looking ahead to the Nonferrous Metals Industry in 2025, the interest rate cut cycle combined with re-inflation expectations supports a rise in gold prices; the supply and demand gap for electrolytic Aluminum is gradually emerging, making the upward price channel for Aluminum smoother; the tight situation at the mines is being transmitted to the smelting side, Bullish on the continued rise of Copper prices.
Hong Kong stocks movement | The metal Sector warmed up in the morning, as overseas interest rate cuts combined with expectations of domestic economic recovery suggest that the Industry is likely to enter a new upward cycle.
The non-ferrous Sector warmed up in the morning. As of the time of writing, CMOC Group Limited (03993) rose 4.74%, reporting HKD 5.52; JIANGXI COPPER (00358) rose 3.23%, reporting HKD 12.78; CHINAHONGQIAO (01378) rose 3.16%, reporting HKD 11.74; Aluminum Corporation Of China (02600) rose 3.61%, reporting HKD 4.59.
CMOC Group Limited's (HKG:3993) 28% Share Price Surge Not Quite Adding Up
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