JDC Suspends Moly Mining
14/12/20 | Molybdenum
Asian Metal News JDC Molybdenum (Jinduicheng), the second largest molybdenum miner in Henan suspended all mining activities on 11th December, and a schedule for resumption of production is yet to be announced. According to a company representative, the company was forced to halt molybdenum mining last Friday due to environmental…
Chalukou Moly Mine in Heilongjiang
01/12/20 | Molybdenum
China Nonferrous Metals News Chalukou molybdenum mine, located in Songling District, Daxing’anling City, Heilongjiang, is a large molybdenum mine under construction by Heilongjiang Jinxin Mining Co., Ltd., (controlled by Yunnan Chihong Zinc Germanium Co., Ltd). With a total resource reserves of 1.76 mln t (in Mo metal), it will be…
Lianshan Mo Restarts Operations
04/09/20 | Molybdenum
Asian Metal News Liaoning Lianshan Molybdenum restarted mining on 1st September 2020 after a five-year suspension. It is currently producing 15 t of molybdenum concentrate per day and will ramp up to 20 t per day next week after some adjustments to equipment are completed. According to an internal source,…
Two JDC Mo Dressing Plants Suspended after Storm
07/08/20 | Molybdenum
Baidu News 5th August 2020: JDC’s Baihualing and Sanshimudi dressing plants were forced to shut down temporarily as a storm damaged roads and broke tailings pipelines. The combined molybdenum concentrate capacity of the two dressing plants account for 59.7% of the company’s total. JDC’s molybdenum concentrate output of August will…
Domestic Moly Prices Hold Firm
20/05/20 | Molybdenum
China Nonferrous Metals News As of 13th May, mainstream molybdenum concentrate transaction volumes in the domestic market exceeded 4.3 kt during the month, seeing concentrate prices (45%~50% grade) hold steady at RMB1,600~1,620/MTU. At present, Luming Mining in Yichun Heilongjiang has no plans to resume operations. With shrinking supply as a…
Luanchuan Ruida Moly Halts Production
14/05/20 | Molybdenum
Asian Metal News Luanchuan Ruida Molybdenum, located in Henan and designed with 3.6 ktpy molybdenum concentrate capacity, suspend all operations on 7th April due to site rent disputes with the land owner. Ruida will remain under suspension until the dispute is resolved. The original rental contract was from April…
China Moly: Profits of RMB 448 mln for Q1 2020
06/05/20 | Molybdenum
China Nonferrous Metals News China Moly has generated an operating revenue of RMB 22.38 bln, a surge of 400% y-o-y; and net profit attributable to the parent company was RMB 448 mln, up 39% y-o-y. The Covid-19 global pandemic had limited impact on the company’s performance during Q1 2020. China…
Chifeng Nianzigou Mining to Start Mo Mining in Q3 2020
08/04/20 | Molybdenum
Asian Metal News Chifeng Nianzigou molybdenum mine, designed with 2.4 ktpy molybdenum concentrate capacity is set to come online in Q3 2020. Project construction of the Chifeng Nianzigou mine is presently underway. It is scheduled to come online in Q3 2020, producing 5 to 8 tonnes of moly concentrates per…
Yichun Luming Moly Mine: Tailings Dam Spill
31/03/20 | Molybdenum
Sina Finance News 28th March: A tailings dam accident took place at Yichun Luming Mining’s molybdenum tailings dam in Yichun Heilongjiang, resulting in increased water discharge and tailings sand leakage. As of today, a total of 2.53 million cubic meters of sewage with molybdenum tailing sands has been discharged, and…
