Xin Lang Cai Jing·2026-03-18 07:29Core Viewpoint - Luoyang Molybdenum Co., Ltd. is a significant player in the non-ferrous metal mining industry, focusing on the extraction and processing of various metals, including molybdenum, tungsten, gold, cobalt, and phosphorus, with a comprehensive integrated industrial chain [2][12][19]. Company Overview - Luoyang Molybdenum was established on December 22, 1999, and listed on October 9, 2012. The company is located in Luoyang, Henan Province, China [19]. - The main business activities include mining, selection, smelting, deep processing, and trading of precious metals [19]. - The revenue composition includes refined metal product trading (48.56%), concentrate product trading (38.31%), copper (27.14%), cobalt (6.04%), molybdenum (3.12%), phosphorus (2.23%), niobium (1.88%), tungsten (1.17%), and others (0.11%) [19]. Production and Financial Performance - The company is the world's second-largest producer of cobalt and the largest producer of tungsten, as well as a leading copper producer [2][12]. - For the period from January to September 2025, Luoyang Molybdenum achieved a revenue of 145.485 billion yuan, a year-on-year decrease of 5.99%, while the net profit attributable to shareholders increased by 72.61% to 14.280 billion yuan [9][20]. - The company has a significant presence in Brazil, being the second-largest producer of phosphate fertilizer, with a phosphate-related product revenue of 2.834 billion yuan in 2017, accounting for 11.82% of total revenue [3][12]. Recent Developments - The company has an 80% stake in the NPM copper mine in Australia, which produced 16,000 ounces of gold in 2022, with a production guidance of 25,000 to 27,000 ounces for 2023, representing a year-on-year increase of 56% to 69% [2][12]. - In 2025, the company plans to complete the acquisition of Ecuador's Odin Mining (Kaigehaos Gold Mine) and expedite development, aiming for production before 2029 [2][12]. Market Activity - On March 18, 2023, Luoyang Molybdenum's stock price decreased by 0.05%, with a trading volume of 3.605 billion yuan and a turnover rate of 1.07%, resulting in a total market capitalization of 415.264 billion yuan [1][11]. - The stock has shown a net outflow of 99.9195 million yuan today, with a lack of clear trends in major shareholder movements [4][15]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 304,200, up by 28.08% from the previous period [9][20]. - Major shareholders include Hong Kong Central Clearing Limited, which holds 695 million shares, an increase of 47.472 million shares compared to the previous period [20].