China Molybdenum's annual revenue exceeded 180 billion, and "world-class" was mentioned many times in the annual report

A reporter from the 21st Century Business Herald noted that the company's trading business revenue will decline slightly in 2023, while the mining business will see revenue growth of 75% driven by the release of production capacity from two key projects, TFM and KFM. It should be pointed out that the nonferrous minerals market is highly competitive, and the company maintains world-class competitiveness in the global market.

China Molybdenum's annual revenue exceeds 180 billion

China Molybdenum's annual revenue in 2023 will exceed 180 billion, once again demonstrating its leading position in the mining industry. In the past year, the company has actively expanded its production scale and improved production efficiency, laying a solid foundation for the steady growth of the company's performance.

The company's revenue growth mainly comes from mining business

It is worth noting that CMOC’s revenue growth mainly comes from the mining business. The release of production capacity from the two key projects of TFM and KFM has driven the rapid development of the company's mining business and brought huge profits to the company. This also demonstrates the company's strong strength in mineral development.

The company maintains world-class competitiveness in the global market

CMOC maintains world-class competitiveness in the global market, thanks to the company's continuous investment and efforts in technology research and development, production management and other aspects. The company continues to innovate and improve product quality, winning the trust and praise of customers and laying a solid foundation for the company's long-term development.

Looking to the future, the company will continue to actively expand production scale, improve production efficiency, continuously improve product quality, strive to achieve better performance, and inject new impetus into the company's sustainable development.