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.
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 |
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