Luoyang Molybdenum's annual report shows that its mines are rich in resources

Luoyang Molybdenum Co., Ltd. announced that it would sell its 65.1% interest in the Donggobi molybdenum mine to CITIC Guoan Industrial Group Co., Ltd. for RMB 2.9 billion. Luoyang Molybdenum Co., Ltd.'s 2023 annual report shows that the company owns a number of high-quality mining resources, including the Donggobi molybdenum mine, Shangfanggou molybdenum mine and Sandaozhuang molybdenum and tungsten mine in China, as well as TFM, KFM, Brazilian niobium mine and phosphate mine overseas. These mining resources provide strong support for the world's leading copper, cobalt, molybdenum and niobium producers.