Luoyang molybdenum industry is up nearly 5%. The development project of Congo (gold) TFM copper-cobalt mine is progressing smoothly and is expected to be put into production this year.

[Luoyang molybdenum industry rose nearly 5% Congo (gold) TFM copper and cobalt mine mixed development project is smoothly carried out and is expected to be put into production this year] FIAP, as of press time, Luoyang molybdenum industry (03993.HK) is up 4.84%. According to the announcement, the company invested in the construction of the Congo (DRC) TFM copper-cobalt mine mixed development project, the infrastructure stripping and civil construction tasks of the project have been successfully completed, the central project has realized a short process commissioning, and the progress of the eastern project has been smoothly advanced in accordance with the milestone process.