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| CMOC |
CMOC, also known as Luoyang Luanchuan Molybdenum and China Molybdenum, a diversified metals producer based in Henan, China, has reported a slight decrease in molybdenum production for 2024. The company produced 15,396 tonnes of molybdenum metal equivalent, a 2% reduction compared to the previous year. This decline is attributed to lower grades of original ore.
Exceeding Annual Target
Despite the year-on-year decrease, CMOC's 2024 molybdenum output still surpassed its internal target range of 12,000-15,000 tonnes metal equivalent. The company did not provide any details regarding molybdenum sales figures.
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