JDC to invest in molybdenum-based advanced materials processing base
2026-06-08 16:39:36 [Print]
Jinduicheng Molybdenum Co., Ltd. (JDC Molybdenum) announced on June 5 that it plans to establish a joint venture subsidiary together with Anhui Jinsha Molybdenum Co., Ltd. and Anhui Jinfu Smart Energy Co., Ltd. to construct a molybdenum-based advanced materials processing base.
According to the announcement, the joint venture will be located in the Jinzhai Economic Development Zone, Lu'an City, Anhui Province, with a registered capital of RMB1 billion (USD147.42 million). JDC Molybdenum is set to contribute RMB510 million (USD75.18 million), representing a 51% stake, and will take the lead in the development, construction, and operation of the project.
According to the announcement, the joint venture will be located in the Jinzhai Economic Development Zone, Lu'an City, Anhui Province, with a registered capital of RMB1 billion (USD147.42 million). JDC Molybdenum is set to contribute RMB510 million (USD75.18 million), representing a 51% stake, and will take the lead in the development, construction, and operation of the project.
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Unit:RMB/kg
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