CMOC

China · Mining & Metals

China Molybdenum Company Limited ("CMOC" or the "Company") was created in 1969 and after mixed ownership reforms in 2004 and 2014, has become a private holding company with state-owned capital participation. The Company was listed on Hong Kong Exchanges (HKEX: 03993) and Shanghai Stock Exchange (SSE: 603993) in 2007 and 2012, respectively. Focused on non-ferrous metal mining, CMOC specializes in mining, beneficiation and deep processing of copper, cobalt, molybdenum, tungsten, niobium, and phosphate, as well as in metal trading business. Boasting a complete and integrated industry chain, it is one of the top five molybdenum producers, one of the largest tungsten producers and metal traders, the second largest cobalt and niobium producer, and a leading copper producer in the world. It is also the second largest producer of phosphatic fertilizers in Brazil. The Company's vision is to grow into a respected international resources company. It adheres to a corporate culture of elite management, cost control, continuous improvement, and achievement sharing and corporate strategy to maintain and strengthen the competitive cost advantage of existing business; continuously manage and optimize the balance sheet, build a proper financing structure, and lower the cost of financing; create synergy between business operations while ensuring stable overseas operations; use diverse financing platforms and its comprehensive competitive advantages in business scale, industry chain, technology, funds, market, and management to acquire or invest in resources projects, especially high-quality and mature ones with strong cash flows in politically stable regions, aiming to serve structural change and the transformation of growth patterns and to boost growth through industrial development and financing.