26
Mar
04:39
China Molybdenum reports record net profit in 2023
Shanghai-listed mining giant China Molybdenum (CMOC) posted a record net profit of CNY 6.2 billion ($859 million) in 2023, up 2.73% on-year, Kallanish learns.
In 2023, its total operating income exceeded CNY 186 billion ($26 billion), an on-year increase of 7.68%. Of that, about CNY 44.5 billion came from its mining business and CNY 141.5 billion from its trade business.
CMOC saw output for all its products increase last year, with copper, cobalt…
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Anonymous
Very good overview of the weekly steel market.
Anonymous