Recently, Luoyang Molybdenum Industry announced that the company expects to realize net profit of 633 million yuan to 773 million yuan in the first half of 2023, a decrease of 3.515 billion yuan to 3.375 billion yuan compared with 4.148 billion yuan in the same period of the previous year, a year-on-year decrease of 84.74% to 81.36%; to realize net profit of 200 million yuan to 244 million yuan from deduction of net profit, a year-on-year decrease of 3.266 billion yuan to 3.222 billion yuan compared with 3.466 billion yuan in the same period of the previous year. billion yuan to 3.222 billion yuan, down 94.23% to 92.96% year-on-year.
In the first half of 2023, Luoyang Molybdenum produced 168,882 tons of copper metal, a year-on-year increase of 23.59%; molybdenum metal production of 8,389 tons, a year-on-year increase of 7.91%; tungsten metal production of 3,813 tons, a year-on-year decrease of 8.93%.
Luoyang Molybdenum TFM copper-cobalt mine
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