Jin Rong Jie·2025-07-29 11:36Group 1 - As of July 29, 2025, Luoyang Molybdenum's stock price was 9.25 yuan, up 0.98% from the previous trading day, with a trading volume of 1.4532 million shares and a transaction amount of 1.334 billion yuan [1] - Luoyang Molybdenum is a leading global producer of tungsten, molybdenum, copper, and cobalt, with operations across Asia, Africa, South America, and Australia [1] - The government of the Democratic Republic of the Congo has implemented a cobalt export ban since February 24, which was extended for an additional three months on June 21, 2025 [1] Group 2 - The cobalt export ban has had a limited impact on Luoyang Molybdenum's operations in the first half of the year, although its trading subsidiary IXM has been unable to fulfill certain contractual obligations [1] - Customs data indicates that China's imports of cobalt products from the Democratic Republic of the Congo decreased by 60.8% month-on-month in June [1] - Industry insiders predict a potential shortage of cobalt raw materials from August to September, which may lead to further increases in cobalt prices [1]