On the morning of April 13th, with the good news that "the power distribution system, hydraulic oil station, valves, and diaphragm pumps are operating normally, the conveying pipeline is running stably, and all parameters are normal" coming in, the Lishu'ao Tailings Reservoir in the China region of China Molybdenum Co., Ltd. successfully completed the commissioning test with slurry. Under the witness of all the construction participants, the tailings were continuously injected into the reservoir area through an 8.6-kilometer conveying pipeline. This marks the official completion and commissioning of this key project with a total investment of 580 million yuan, providing a safe and environmentally friendly new destination for 5.47 million tons of tailings annually from the Sandaozhuang Plate.

Starting with a sprint and treating the beginning as a decisive battle, China Molybdenum Co., Ltd. (TFM) has embarked on the new journey of the Year of the Snake with high spirits. As of January 31, TFM's ore processing volume in January reached 103.46% of the plan, while copper and cobalt production achieved 104.20% and 123.80% of the plan, respectively, successfully marking a strong start to production in the first month of 2025.

[SMM China Molybdenum Market Daily on January 16]

[January 14 SMM China Molybdenum Market Daily]

[SMM China Molybdenum Market Daily on January 9]

On September 13, the Shanghai Stock Exchange held a special collective roadshow for the non-ferrous metals industry in 2024, with six participating companies including Zijin Mining Group, China Molybdenum Co., Ltd., Shandong Gold Mining Co., Ltd., Western Mining Co., Ltd., Chihong Zinc & Germanium Co., Ltd., and Gansu Jinhui Mining Co., Ltd. They introduced their business performance, business layout and planning, as well as the current status and trends of the industry in the first half of the year, and conducted online interactions with investors. In the first half of the year, the overseas revenue of non-ferrous metals companies listed on the Shanghai Stock Exchange totaled RMB 174.217 billion, up 39.36% year-on-year, accounting for 15.03% of total revenue, an increase of nearly 4 percentage points from the same period last year. During the special roadshow, relevant enterprises expressed their commitment to continuing to expand their overseas presence, actively seek high-quality mineral resources, enhance their resource security capabilities, and improve their production efficiency and competitiveness. At the same time, they will strengthen research and development of overseas markets, optimize product structures, and meet the demands of different markets.