Xin Lang Cai Jing·2025-10-22 07:18Core Viewpoint - Luoyang Molybdenum Co., Ltd. is a leading player in the non-ferrous metal mining industry, with significant production capabilities in cobalt, copper, tungsten, and other precious metals, indicating strong growth potential in these sectors [3][9]. Company Overview - Luoyang Molybdenum Co., Ltd. was established on December 22, 1999, and listed on October 9, 2012. The company is primarily engaged in the mining, selection, smelting, deep processing, and trading of precious metals such as molybdenum, tungsten, and gold [8]. - The company has a comprehensive integrated industrial chain and ranks among the top five global producers of molybdenum and tungsten, as well as being the second-largest producer of cobalt and niobium globally [3]. Financial Performance - For the first half of 2025, Luoyang Molybdenum achieved a revenue of 94.773 billion yuan, a year-on-year decrease of 7.83%, while the net profit attributable to shareholders increased by 60.07% to 8.671 billion yuan [9]. - The company has distributed a total of 21.562 billion yuan in dividends since its A-share listing, with 10.576 billion yuan distributed in the last three years [10]. Production and Growth Prospects - The company holds an 80% stake in the NPM copper-gold mine in Australia, with gold equity production guidance for 2023 set at 25,000 to 27,000 ounces, representing a year-on-year increase of 56% to 69% [4]. - In 2025, the company successfully completed the acquisition of Ecuador's Odin Mining (Keg House Gold Mine) and is advancing development work with plans to commence production before 2029 [4]. Market Position - As of October 22, 2023, Luoyang Molybdenum's stock price increased by 0.58%, with a trading volume of 3.079 billion yuan and a market capitalization of 332.468 billion yuan [1]. - The company ranks 45th in terms of market popularity within the A-share market on Sina Finance [2].