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China Molybdenum Co Ltd (603993.SS)

603993.SS on Shanghai Stock Exchange

6.86CNY
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

China Molybdenum obtains high-tech enterprise recognition and to enjoy tax preference
Thursday, 7 Dec 2017 09:57pm EST 

Dec 8(Reuters) - China Molybdenum Co Ltd <603993.SS>:Says the company was recognized as high-tech enterprise, and to enjoy a tax preference of 15 percent for three years from 2017 to 2019.  Full Article

China Molybdenum's 9-month net profit up 175.0 pct y/y
Sunday, 29 Oct 2017 05:17am EDT 

Oct 29 (Reuters) - China Molybdenum Co Ltd <603993.SS>3993.HK:Says 9-month net profit up 175.0 percent y/y.  Full Article

China Molybdenum announces stock dilution of shareholder
Wednesday, 26 Jul 2017 05:31am EDT 

July 26(Reuters) - China Molybdenum Co Ltd <603993.SS>:Says a mining industry firm's stake in the company was diluted to 24.7 percent from 31.6 percent.Says an investment firm's stake in the company was diluted to 24.7 percent from 31.6 percent (including direct stake and indirect stake).  Full Article

China Molybdenum raises 18 bln yuan through share issuance
Wednesday, 26 Jul 2017 05:29am EDT 

July 26(Reuters) - China Molybdenum Co Ltd <603993.SS>:Says it issued 4.71 billion A shares at 3.82 yuan per share through private placement to eight companies.Says it raised 18 billion yuan in total through the private placement.  Full Article

Ningbo Shanshan acquires A-share in China Molybdenum via private placement
Wednesday, 26 Jul 2017 04:04am EDT 

July 26(Reuters) - Ningbo Shanshan Co Ltd <600884.SS> ::* Says it acquired 1.8 billion yuan worth of A-share in China Molybdenum <603993.SS> via private placement.  Full Article

China Molybdenum clarifies about localized fire at one of its mine
Monday, 17 Jul 2017 06:10pm EDT 

July 18 (Reuters) - China Molybdenum Co Ltd <603993.SS>::Clarifies that Tenke Fungurume copper-cobalt mine experienced an electrical short, resulting in a localized fire, which was quickly extinguished.Says it is expected that Kwatebala plant will resume normal operations shortly.Noted l'agence france-presse published an article on 16 July stating that two employees were killed in fire at Tenke Fungurume copper-cobalt mine.Board does not anticipate incident will have a material impact on company's copper and cobalt production for quarter or year.Clarifies two employees suffered minor injuries as a result of incident and they received swift and appropriate medical care.  Full Article

Guangzhou Pearl River Industrial Development signs agreement with China Molybdenum
Monday, 17 Jul 2017 06:13am EDT 

July 17 (Reuters) - Guangzhou Pearl River Industrial Development Co Ltd <600684.SS> ::* Says it signed strategy agreement with China Molybdenum Co Ltd on purchasing and sales of cobalt products and development of metal resources such as cobalt and lithium.  Full Article

Ningbo Shanshan to invest in China Molybdenum's private placement, to cooperate on projects
Wednesday, 12 Jul 2017 07:12am EDT 

July 12 (Reuters) - Ningbo Shanshan Co Ltd <600884.SS>:Says it plans to invest 1.8 billion yuan ($265.17 million) in China Molybdenum's <<<603993.SS>>>3993.HK A-share private placement.Says it signs strategic framework agreement with China Molybdenum on metal resources projects.  Full Article

China Molybdenum Co says acquisition of copper-cobalt mine from Freeport-Mcmoran has been completed
Thursday, 15 Jun 2017 09:52am EDT 

June 15 (Reuters) - China Molybdenum Co Ltd 3993.HK:Clarification announcement in relation to media report.Noted certain media report regarding company giving up its acquisition of copper-cobalt mine from Freeport-Mcmoran Inc .As disclosed in announcement dated 17 Nov 2016, acquisition of copper-cobalt mine from Freeport-Mcmoran Inc. has been completed.  Full Article

China Molybdenum Co says qtrly net profit attributable RMB597.2 mln
Thursday, 27 Apr 2017 11:00am EDT 

April 27 (Reuters) - China Molybdenum Co Ltd <603993.SS>::Qtrly net profit attributable to shareholders of company RMB597.2 million versus RMB141.1 million.Qtrly operating income RMB 5.78 billion versus RMB 1.16 billion.  Full Article

China urged to ease reliance on DRC for cobalt

GUANGZHOU, China China is depending too much on the Democratic Republic of Congo (DRC) for cobalt, a crucial component in electric vehicle (EV) batteries, and should take steps to ensure security of supply, delegates said at an industry conference on Tuesday.