Industry Molybdenum mining Headquarters Luoyang, China Type State-owned enterprise | Parent China Molybdenum Group Founded 1982 | |
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Area served People's Republic of China Key people Chairman: Mr. Duan Yuxian Products Molybdenum and Tungsten extraction Website China Molybdenum Company Stock price 603993 (SHA) CN¥ 4.93 -0.29 (-5.56%)3 Mar, 3:00 PM GMT+8 - Disclaimer Subsidiaries Luanchuan Furun Minging Co., Ltd. | ||
China Molybdenum Company Limited (simplified Chinese: 中国钼业; traditional Chinese: 中國鉬業 or simplified Chinese: 洛阳栾川钼业; traditional Chinese: 洛陽欒川鉬業, SEHK: 3993, SSE: 603993) 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 headquarters of the company is at Luanchuan County, Luoyang City, Henan Province. The chairman is Mr. Duan Yuxian simplified Chinese: 段玉贤; traditional Chinese: 段玉賢).
On 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 joined the Hang Seng China Enterprise Index from 2007 to 2010. Among its holdings is the Tenke Fungurume Mine in the Democratic Republic of Congo. The mine holds copper, as well as cobalt for lithium-ion batteries.