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  • CMOC announces production guidance for 2020

    2020-03-05 17:03:40   [Print]
    China Molybdenum Company Ltd.Asian Metal Copyright Copper gold business by 80% equity: At Northparkes Mine NPM, copper production ranges between 24,000t to 29,000t, and gold production ranges between 20,000 ounces to 25,000 ounces.Asian Metal Copyright (CMOC) recently announced production guidance for its main products for 2020.Asian Metal Copyright Molybdenum tungsten business: molybdenum production ranges between 12,000t to 15,000t; tungsten production ranges between 7,000t to 9,000t excluding output from Luoyang Yulu Tungsten Mining.Asian Metal Copyright The guidance is set based on research and prediction about global economy as well as changes in supply and demand.Asian Metal Copyright CMOC recently announced production guidance for its main products for 2020.Asian Metal Copyright The overall goal is to reduce costs and improve efficiency, improve management levels, and explore the endogenous growth potential of existing businesses.

    Copper & cobalt business: copper production ranges between 163,000t to 200,000t; cobalt production ranges between 14,000t to 17,000t.

    Molybdenum & tungsten business: molybdenum production ranges between 12,000t to 15,000t; tungsten production ranges between 7,000t to 9,000t (excluding output from Luoyang Yulu Tungsten Mining).

    Copper & gold business (by 80% equity): At Northparkes Mine (NPM), copper production ranges between 24,000t to 29,000t, and gold production ranges between 20,000 ounces to 25,000 ounces.


    .Asian Metal Copyright The overall goal is to reduce costs and improve efficiency, improve management levels, and explore the endogenous growth potential of existing businessesAsian Metal Copyright
    Tungsten Ore WO3 65%min EXW China
    Unit:RMB/mt
    China tungsten concentrate producers' sales volume statistics by province by month
    Unit: mt
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