China Molybdenum Company Limited is the largest molybdenum producer in Mainland China and the world listed in the Hong Kong Stock Market. It is also a tungsten producer. The headquarter of the company is located at Luanchuan County, Luoyang City, Henan Province. In 26 April 2007, China Molybdenum was listed in Hong Kong Stock Exchange. Its stock was closed at HK$10.28, which was 60% greater than HK$6.8, the IPO price. It was one of the stocks with the greatest surplus in stock price at the first trading day in 2007.
China Molybdenum is a leading global producer of molybdenum and its products. It has operations in China, the United States, Australia, and Canada. The company is one of the world’s largest molybdenum producers and is the world’s largest producer of molybdenum oxide. It is also the world’s largest producer of molybdenum-based alloys. Its range of products includes molybdenum oxide, molybdenum concentrate, molybdenum-based alloys, molybdenum-based chemicals, and molybdenum-based products.
Molybdenum is a silvery-white metal that is extremely hard and has a high melting point. It is used in a variety of industrial applications, including steelmaking, lubricants, and electronics. Molybdenum oxide is used in ceramics, glass, and enamels, and molybdenum-based alloys are used in aircraft engines and other industrial applications. Molybdenum-based chemicals are used in the production of lubricants, paints, and inks.
China Molybdenum has a wide range of operations in the molybdenum industry, including mining, smelting, refining, and production of molybdenum-based products. It has more than 10,000 employees and operates more than 50 mines and smelters in China and around the world. The company has a strong presence in the global molybdenum market and is a major supplier of molybdenum products to the world’s leading steelmakers, automotive manufacturers, and other industries.