China - molybdenum and tungsten

  •  MoA world-leading molybdenum producer
  •  WA world-leading tungsten producer

CMOC is a world-leading molybdenum and tungsten producer. Its main operations in China are the Sandaozhuang Molybdenum-Tungsten Mine and the Shangfanggou Molybdenum-Iron Mine, where the Company is engaged in the mining, beneficiation, smelting, deep processing, and scientific research of molybdenum and tungsten. It boasts a business system that integrates upstream and downstream operations including the mining, beneficiation, smelting, and chemical engineering of molybdenum and tungsten. It mainly produces ferromolybdenum, ammonium paratungstate, tungsten concentrates, and other molybdenum and tungsten related products, while recycling byproducts including iron, copper, fluorite, rhenium, and other minerals. In the first half of 2024, CMOC China produced 7,349 tons of molybdenum and 4,020 tons of tungsten, achieving a revenue of RMB 3.881 billion and a gross profit of RMB 1.553 billion.

Molybdenum and tungsten mines in China

  Sandaozhuang Molybdenum Mine Shangfanggou Molybdenum Mine
Geographic location Luanchuan, Luoyang, Henan Province, China Luanchuan, Luoyang, Henan Province, China
Main products Molybdenum
Tungsten
Molybdenum
Iron
Shareholding percentage 100% oint venture
Project status In production In production
Resources/ Grade Mo 244.6kt@0.087%
W 109.7kt@0.169%
Mo 609.7kt@0.14%
Fe 326,7kt@20.42%
Production in 2023 Mo 10,518 tons
W 7,975 tons
Mo 5,117 tons

Recent highlights:

  • A breakthrough was achieved in the recovery of tungsten from refractory ore in Sandouzhuang and in the recovery of molybdenum in Shangfangou.
  • Mine expansion, along with the stripping and technical research of the Shangfangou molybdenum mine have all accelerated, increasing the mining area by 3,000 square meters.

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