What about Luoyang Molybdenum Group?
Listed companies are well-known enterprises in Luoyang. In recent years, the overall situation of molybdenum industry is not very good, and the treatment may be reduced, but the overall level is still better than other enterprises. In addition, Moro Group has other industries besides molybdenum concentrator, such as molybdenum deep processing, smelting and hotels. Therefore, although many enterprises can't do it in the case of the continuous downturn of molybdenum industry since 2008, the impact on Moro is not too great and can't cause fatal damage. Molybdenum products are rare metals, which are mostly used in military industry. I believe the market will definitely improve.