- Categories:About Us
- Time of issue:2021-04-21 16:22:20
Luoyang Luanchuan Molybdenum Group Co., Ltd. (hereinafter referred to as "Luoyang Molybdenum", "Company" or "Company") was founded in 1969. After two mixed ownership reforms in 2004 and 2014, the company is currently private A joint-stock company with holdings and state-owned shares. Listed on the Stock Exchange of Hong Kong Limited (stock code: 03993) in 2007. Listed on the Shanghai Stock Exchange ("Shanghai Stock Exchange") (stock code: 603993) in 2012.
The company belongs to the non-ferrous metal mining and dressing industry, and is mainly engaged in the mining, dressing and smelting of base metals and rare metals, mining and processing business and mineral trading business. At present, the company's main business is distributed in Asia, Africa, South America, Oceania and Europe. It is one of the world's scheelite producers and cobalt and niobium producers. It is also one of the world's top seven molybdenum and copper producers. Phosphate fertilizer production Ranked second in Brazil, and the company's base metal trading business ranks among the top three in the world. The company ranks 1,463 in the "2020 Forbes" Global 2000 list of listed companies, 151 in the 2020 Fortune China 500 list, and 22 in the 2020 global top 50 mining company (market value) rankings.
The company's vision is to build a respected and modern resource company. Adhering to the business philosophy of "elite management, cost control, continuous improvement, and achievement sharing", our development strategy is committed to: consolidating and maintaining the competitive cost advantage of existing businesses; continuously managing and optimizing balance sheets; ensuring domestic and overseas business While operating steadily, explore and bring into play business synergies; guided by value creation, with structural adjustment and growth mode transformation as the main line, actively promote resource investment and development and integration and acquisition.
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