Luoyang Molybdenum Industry plans to invest US $2.5 billion to double the output of Copper and Cobalt in Tenke Fungurume Mine

Telah Terbit: Aug 9, 2021 08:57
[Luoyang Molybdenum plans to invest US $2.5 billion to double copper and cobalt production at the Tenke Fungurume mine] China's molybdenum industry will invest US $2.51 billion to double copper and cobalt production at its giant Tenke Fungurume mine in the Democratic Republic of the Congo. The project is expected to be completed and launched in 2023, including the construction of three ore production lines. The company said in a filing to the Shanghai Stock Exchange that it expected to increase the mine's average annual copper production by 200000 tons and cobalt production by 17000 tons.

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[Luoyang Molybdenum plans to invest US $2.5 billion to double copper a - Shanghai Metals Market (SMM)