Cobalt production soared 170%, and the Luoyang molybdenum industry surpassed Glencore to become the world's largest cobalt miner
In 2023, with the increase in Congolese gold TFM and KFM production, the company's copper-cobalt production exploded.
The conflict between Russia and Ukraine pushes up the price of nickel
Russia's pure nickel supply accounts for more than 15% of the world's pure nickel supply, and if the conflict affects commodity exports, nickel prices are likely to continue to rise.
Market Chatter: Global Green Efforts to Boost Demand For Extraordinary Metal, China Molybdenum Exec Says
12:56 AM EST, 11/22/2021 (MT Newswires) -- Global efforts to address climate change will boost the demand for "extraordinary" metal like copper, Bloomberg News reported Thursday, citing an interview
China Molybdenum's Q3 Profit Climbs 91.1%; Shanghai Shares Fall 5%
12:47 AM EDT, 10/28/2021 (MT Newswires) -- China Molybdenum (SHA:603993, HKG:3993) recorded a 91.1% surge in net profit attributable to shareholders for the third quarter to 1.15 billion yuan ($179.7
Market Chatter: China Molybdenum to Use Solar, Hydro Power for Copper-Cobalt Mine in DR Congo
05:52 AM EDT, 10/05/2021 (MT Newswires) -- China Molybdenum (SHA:603993, HKG:3993) is planning to use hydropower and solar energy for its copper and cobalt mine in the Democratic Republic of the Cong
Market Chatter: Ganfeng Lithium May Drop Bid for Millennial Lithium as CATL Tops $275 Million Offer
Ganfeng Lithium will likely drop its bid to acquire Canada's Millennial Lithium after Contemporary Amperes Technology or CATL challenged its C$353 million offer ($275.4 million), Bloomberg News reported Tuesday, citing people familiar with the matter.