China Molybdenum Co Ltd declared that its first-half net profit is expected to fall significantly, hit by lower prices for its products because of the global financial crisis. For full story, click here
China Molybdenum Co Limited reported that net profit in 2008 was CNY 1.641 billion in 2008, down by 26.77% YoY. For full story, click here
China’s Jinduicheng Molybdenum Group Co said that full-year net profit fell 13 percent year-on-year due to falling molybdenum price. For full story, click here
China Molybdenum Company reported that its first half profit increased by 13% on YoY basis due to higher prices. Mr Wu Wenjun executive director manager for China Molybdenum said: A global shortfall for molybdenum will last 3 years. He added that mines in Inner Mongolia and Henan will take time to expand capacity. For full [...]
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