China Molybdenum sees output surge in Q1 2025

Luoyang Molybdenum Co., Ltd. (China Molybdenum) announced robust operational results for the first quarter of 2025, driven by favorable market conditions and increased production. Copper output rose by 15.65% to 170,574 tonnes, while cobalt production saw an increase of 20.68% reaching 30,414 tonnes. Niobium production also experienced growth, climbing 4.39% to 2,616 tonnes. While the company noted increased sales prices for its products, molybdenum production decreased slightly by 3.83%. The company reaffirmed its commitment to strategic expansion projects to maximize resource utilization. China Molybdenum cautioned investors that the Q1 results should not be used to predict full-year performance and advised them to exercise caution when investing.