Luoyang Molybdenum Industry (603993) Business Products

Luoyang Luanchuan Molybdenum Group Co., Ltd., referred to as Moluo Group for short, is an overseas listed company focusing on the mining, smelting and deep processing of molybdenum and tungsten, integrating scientific research, production and trade. Today, Wealth Manager will introduce the business products of Luoyang Molybdenum Industry (603993).

Main business: The company is mainly engaged in the mining, smelting, deep processing, trade and scientific research of rare and precious metals such as molybdenum, tungsten and gold, and has a complete industrial chain integrating the upstream and downstream of molybdenum mining, mineral processing, roasting, molybdenum chemical industry and molybdenum metal processing. In terms of output, the company is the largest molybdenum producer in China and the fourth largest molybdenum producer in the world. The company's ferromolybdenum smelting capacity is 25,000 tons/year, and the molybdenum oxide roasting capacity is 40,000 tons/year, ranking first in the domestic industry in terms of production scale. At the same time, the company is also one of the largest producers of tungsten concentrate in China. At present, the company has three scheelite beneficiation production lines with an ore processing capacity of 30,000 tons/day.

Analysis of fundraising projects: the fundraising project funds are mainly used to expand the smelting and deep processing capacity of the tungsten industry chain and strengthen the molybdenum chemical production capacity of the molybdenum industry chain, 90% of which will be invested in the tungsten industry chain, and the company's intention to build a giant in the tungsten industry chain is very obvious. After the fundraising project is put into production, the company can achieve an annual output of 654.38+0 million tons of ammonium paratungstate, 5,000 tons of high-performance cemented carbide, 65,438+0,600 tons of high-performance metallic tungsten and tungsten alloy materials in the tungsten business, and realize the goal of expanding smelting and deep processing into the tungsten industry chain; In terms of molybdenum business, the annual production capacity of ammonium molybdate will be increased to 654.38+million tons, which is mainly used in the fields of molybdenum metal preparation and petroleum catalysts.

Overview of molybdenum products

Overview of tungsten products