"Forced Wind Incident" - CMOC Group Limited Chairman Explains IXM Trading Team | Inside Shareholders Meeting.

In mid-May, the "shortage storm" brought the cmoc group limited trading team, Ecson (IXM), into the spotlight; Yuan Honglin, director: always put risk control of the trading company in the first place, rather than blindly pursuing revenue and output.

cls.cnJun 8 13:09

Is its trading company caught in a “vortex of emptying” New York copper? Luoyang Molybdenum Industry issued a response

① This week, the New York copper market experienced an epic round of shorting; ② In this round of crazy shorting, Luoyang Molybdenum's trading company Exxon (IXM) was also reported by the media to be in a “vortex” due to holding a large number of short positions; ③ Luoyang Molybdenum plummeted by about 5% in the A-share market on Thursday. Luoyang Molybdenum Industry officially issued a statement to respond to this on Thursday.

cls.cnMay 16 15:37

The copper market has been emptied historically! The empty side is IXM owned by Torque and Lomoly?

The report said that commodity trading giant Torque and IXM, a subsidiary of China's Luoyang Molybdenum Industry, are trying to buy physical copper to settle their large short positions on the US CME exchange.

wallstreetcnMay 16 15:28

Production of the two major mines in the Democratic Republic of the Congo (DRC) hit a record high in a single quarter, and the net profit of the Luoyang Molybdenum industry increased more than fivefold in Q1 | Financial Report Interpretation

① Luoyang Molybdenum's Q1 net profit increased more than fivefold; ② KFM and TFM production of the two major copper-cobalt mines in the Democratic Republic of the Congo (DRC) reached record highs in the first quarter.

cls.cnApr 29 21:17

Copper and cobalt production increased by more than 50% last year Luoyang Molybdenum Industry: TFM's new production line is expected to reach production in the first half of the year

① In 2023, with the increase in Congolese gold TFM and KFM production, the company's copper-cobalt production showed explosive growth. ② The construction of the TFM mixed mine project was completed last year, and three new production lines are expected to reach production in the first half of this year.

cls.cnJan 4 22:49

“Rare Earth Aircraft Carrier” Marries Guangsheng's Non-Ferrous Rare Earth Industry's “One South, One North” Pattern Accelerates Evolution

At the beginning of the new year, Guangsheng Nonferrous Metals (600259.SH) officially announced a “partnership” with the “rare earth aircraft carrier” China Rare Earth Group. This evening, Guangsheng Nonferrous Metals announced that Guangsheng Group, the indirect controlling shareholder, plans to transfer 100% of the shares of its direct subsidiary Guangdong Rare Earth Industry Group to China Rare Earth Group free of charge, causing China Rare Earth Group to indirectly hold 38.45% of the company's shares.

cls.cnJan 1 21:51