CMOC announces production guidance for 2020
2020-03-05 17:03:40 [Print]
China Molybdenum Company Ltd
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.
. (CMOC) recently announced production guidance for its main products for 2020 . The guidance is set based on research and prediction about global economy as well as changes in supply and demand . 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.