China Molybdenum ( (CMCLF) ) has released its Q2 earnings. Here is a breakdown of the information China Molybdenum presented to its investors.
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China Molybdenum (CMOC) is a leading global mining company engaged in the production and trading of non-ferrous metals, including copper, cobalt, molybdenum, tungsten, and niobium, with operations spanning across Asia, Africa, South America, Oceania, and Europe. In its latest interim earnings report for the first half of 2025, CMOC announced a record high net profit attributable to the parent company of RMB 8.671 billion, marking a significant 60.07% increase year-on-year. The company’s operating revenue reached RMB 94.773 billion, while operating cash flow increased by 11.40% to RMB 12.009 billion, demonstrating robust financial performance and liquidity. Key highlights include the completion of more than half of the annual production targets for all major products, with notable increases in copper and cobalt output, and strategic expansion into gold resources through the acquisition of the Cangrejos Gold Mine in Ecuador. Looking forward, CMOC aims to enhance its global business layout and maintain its competitive edge through continued organizational upgrades, technological innovations, and a focus on sustainable practices, as reflected in its strong ESG ratings.