CMOC's H1 moly output falls 12% on year

Molybdenum output at Shanghai- and Hongkong-listed CMOC Group Limited (CMOC) during the first half of this year reached 7,349 tonnes in 100% moly content, lower by 1,040 tonnes or 12.4% from the same period last year, according to the company's latest semi-annual report.

The result was in line with its guidance of 12,000-15,000 tonnes for full-year 2024 set out in its 2023 annual report, despite the significant on-year fall in production over January-June, Mysteel Global learned. CMOC was formerly known as China Molybdenum Company Limited, Mysteel Global notes. For the first six months