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China Moly to raise stake in DRC's Tenke Fungurume mine

2019-1-21  In 2016, China Moly paid $2.65bn to acquire a 56% interest in the cobalt mine from US copper mining firm Freeport-McMoran, which offloaded its stake to cut down

China Molybdenum acquires copper-cobalt mine in DRC ...

2020-12-14  Chinese diversified metals producer China Molybdenum (CMOC) has acquired a 95pc share of the Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC)

China Moly to double Tenke Fungurume copper ... -

2021-8-6  China Moly acquired a controlling stake in Tenke Fungurume, one of the world’s largest copper-cobalt deposits, in 2016 for $2.65 billion from US miner

China Moly to increase stake in Tenke Fungurume mine ...

2019-1-21  China Moly is already a majority owner in the copper mine with a current stake of 56%, which it had acquired for $2.65bn in May 2016 from US mining company Freeport

China Moly buys 95% of DRC copper-cobalt mine from ...

2020-12-13  China Moly buys 95% of DRC copper-cobalt mine from Freeport for $550 mln China Moly buys 95% of DRC copper-cobalt mine from Freeport for $550 mln

China Moly Gains on Buying 95% Stake in Congo Copper ...

2020-12-14  China Moly Gains on Buying 95% Stake in Congo Copper-Cobalt Mine for USD550 Million. (Yicai Global) Dec. 14 -- Shares in China Molybdenum jumped 7.66 percent

China Moly plans US$2.5 billion expansion of DRC copper ...

2021-8-25  China Molybdenum Company Limited (CMOC) plans to invest an additional US$2.5 billion in a copper and cobalt mine in the Democratic Republic of the Congo (DRC) as

CATL Pays USD137.5 Million for Stake in China Moly’s ...

2021-4-12  Brunp CATL New Energy will acquire 25 percent of China Molybdenum unit KFM Holding, which owns 95 percent of the Kisanfu mine in the Democratic Republic of Congo

China Molybdenum on hunt for distressed mine assets ...

China Molybdenum on hunt for distressed mine assets. The post-2011 slide in commodity prices was meant to serve up a smorgasbord of acquisition opportunities for

Congo reviews Chinese mine contracts after President Felix ...

2021-8-29  Contracts signed under the new code such as the Deziwa copper-cobalt mine project, a joint venture between Gecamines and China Nonferrous Metal Mining, have been

China Moly buys 95% of DRC copper-cobalt mine from ...

2020-12-14  China Molybdenum Co said on Sunday it had acquired a 95% stake in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC)

China Moly Gains on Buying 95% Stake in Congo Copper ...

2020-12-14  China Moly Gains on Buying 95% Stake in Congo Copper-Cobalt Mine for USD550 Million. (Yicai Global) Dec. 14 -- Shares in China Molybdenum jumped 7.66 percent today on the news that the world’s second biggest cobalt producer has paid USD550 million for a 95 percent stake in the Kisanfu mine in the Democratic Republic of Congo from US mining ...

China Moly buys 95% of DRC copper-cobalt mine from ...

2020-12-13  China Molybdenum Co said on Sunday it had acquired a 95% stake in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC) from U.S.-based Freeport-McMoRan Inc for $550 million. The Chinese company's takeover of the undeveloped Kisanfu project - discussed as early as 2016 - boosts its reserves in the DRC, the world's top producer of battery metal cobalt, where China Moly ...

China Moly buys 95% of DRC copper-cobalt mine from ...

The DRC government holds the other 5% in the mine. China Moly acquired a 56% stake in Tenke Fungurume in 2016 from Freeport, which was looking to cut debt, and at the same time entered negotiations to buy the U.S. miner's stake in Kisanfu before talks ended the following year.

CATL Pays USD137.5 Million for Stake in China Moly’s ...

2021-4-12  CATL Pays USD137.5 Million for Stake in China Moly’s Copper, Cobalt Mine in Congo. (Yicai Global) April 12 -- A unit of Contemporary Amperex Technology, a global leader in lithium-ion batteries for electric vehicles, will take a stake in a Congolese copper and cobalt mine of China Molybdenum for USD137.5 million. Shares of both companies gained.

China Moly plans US$2.5 billion expansion of DRC copper ...

2021-8-25  China Molybdenum Company Limited (CMOC) plans to invest an additional US$2.5 billion in a copper and cobalt mine in the Democratic Republic of the Congo (DRC) as global demand for cobalt soars for use in electric-vehicle batteries. CMOC has an 80% stake in the Tenke Fungurume Mine. Covering an area of over 1,500 square kilometres, the mine ...

China Moly to spend $2.5 bln to double copper, cobalt ...

2021-8-6  China Moly has an 80% stake in Tenke Fungurume, one of the world's largest copper-cobalt deposits. The mine produced around 182,600 tonnes of copper and 15,400 tonnes of cobalt in 2020.

China Moly strikes $550m precious metal deal with Elliott ...

China Molybdenum Co has sold the rights to future gold and silver production from its Northparkes copper mine in Australia to a company backed by US hedge fund Elliott Management. Under the deal ...

China Molybdenum takes direct ownership of IXM in

2018-12-5  China Molybdenum Co will take direct control of metals trader IXM in a $495-million buyout of a fund it set up to originally purchase the firm from Louis Dreyfus, according to a notice issued on the Hong Kong Stock Exchange on Tuesday December 4.

Congo reviews Chinese mine contracts after President Felix ...

2021-8-29  Congo government forms commission to determine and assess mineral resources at Tenke Fungurume Mining copper and cobalt project, majority-owned by China Moly.

China Moly buys 95% of DRC copper-cobalt mine from ...

2020-12-13  China Molybdenum Co said on Sunday it had acquired a 95% stake in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC) from U.S.-based Freeport-McMoRan Inc for $550 million. The Chinese company's takeover of the undeveloped Kisanfu project - discussed as early as 2016 - boosts its reserves in the DRC, the world's top producer of battery metal cobalt, where China Moly ...

China Moly to spend $2.5 bln to double copper, cobalt ...

2021-8-6  China Moly has an 80% stake in Tenke Fungurume, one of the world's largest copper-cobalt deposits. The mine produced around 182,600 tonnes of copper and 15,400 tonnes of cobalt in 2020.

China Moly buys 95% of DRC copper-cobalt mine from U.S ...

2020-12-14  China Molybdenum Co. said on Sunday it had acquired a 95-per-cent stake in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo

China Moly plans US$2.5 billion expansion of DRC copper ...

2021-8-25  China Molybdenum Company Limited (CMOC) plans to invest an additional US$2.5 billion in a copper and cobalt mine in the Democratic Republic of the Congo (DRC) as global demand for cobalt soars for use in electric-vehicle batteries. CMOC has an 80% stake in the Tenke Fungurume Mine. Covering an area of over 1,500 square kilometres, the mine ...

China Moly buys 95% of DRC copper-cobalt mine from ...

2020-12-13  The Chinese company's takeover of the undeveloped Kisanfu project - discussed as early as 2016 - boosts its reserves in the DRC, the world's top producer of battery metal cobalt, where China Moly already operates the giant Tenke Fungurume mine. The acquisition, by China Moly unit Natural Resource Elite Investment Ltd, was approved by the Luoyang-based company's investment

RPT-China Moly buys 95% of DRC copper-cobalt mine

2020-12-13  China Molybdenum Co said on Sunday it had acquired a 95% stake in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC) from U.S.-based Freeport-McMoRan Inc for $550 million. The Chinese company's takeover of the undeveloped Kisanfu project - discussed as early as 2016 - boosts its reserves in the DRC, the world's top producer of battery metal cobalt, where China Moly ...

China Moly buys 95% of DRC copper-cobalt mine from ...

The DRC government holds the other 5% in the mine. China Moly acquired a 56% stake in Tenke Fungurume in 2016 from Freeport, which was looking to cut debt, and at the same time entered negotiations to buy the U.S. miner's stake in Kisanfu before talks ended the following year.

China Molybdenum on hunt for distressed mine assets ...

China Molybdenum on hunt for distressed mine assets. The post-2011 slide in commodity prices was meant to serve up a smorgasbord of acquisition opportunities for the world’s biggest resources companies.

China Molybdenum takes direct ownership of IXM in

2018-12-5  China Molybdenum Co will take direct control of metals trader IXM in a $495-million buyout of a fund it set up to originally purchase the firm from Louis Dreyfus, according to a notice issued on the Hong Kong Stock Exchange on Tuesday December 4.

洛阳栾川钼业集团股份有限公司（中国区） - CHINA MOLY

2021-9-2  在中国，洛阳钼业的钼铁、氧化钼生产能力遥遥领先。本公司合营公司拥有的上房沟钼铁矿，拥有丰富的高品位钼储量。本公司附属公司拥有的新疆哈密市东戈壁钼矿是新疆发现的第一个特大型斑岩型钼矿，具有储量规模大、品位高、埋藏浅、易露采的显著特点。