CMOC Group

  • CMOC Hits Cobalt Targets Amid Record Low Prices and Market Challenges

    BY Sophia Schmitz
    Chinese mining giant CMOC Group, also known as China Molybdenum, recently reached its annual cobalt production target three months ahead of schedule. While this achievement may appear promising, the cobalt market is currently facing record-low prices, the lowest in eight years, amid economic uncertainty. CMOC reported producing 84,722 tons of cobalt from its largely African...
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