Jan 26, 2023 Leave a message

Luoyang Molybdenum Said The Congo TFM Copper-cobalt Mine Has A Competitive Cost Advantage

An investor asked on the investor interactive platform: The cobalt price of Jintou has dropped from 57W to 32W. May I ask whether your cobalt products are in a state of loss? What is the break-even point of your cobalt products? Are there any plans to cut production or suspend sales? Luoyang Molybdenum said on its investor interactive platform on Jan. 10 that the cost of its copper-cobalt mines is competitive, and that TFM's existing copper-cobalt mines are producing in accordance with its early 2022 guidance (227,000-267,000 tons of copper and 175,500 tons of cobalt). Some investors ask questions on the investor interactive platform: Hello! I was wondering if your company has lithium mines in Nigeria?

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