Sichuan Hongda Plans a $1.64-Bln Molybdenum-Copper Refinery

Reuters Africa reported that Sichuan Hongda Co. (SHA:600331) intends to construct a moly-copper refinery.

The market news is quoted as saying:

Annual production capacity for the first stage is estimated at 25,000 tonnes of molybdenum metal, 7,516 tonnes of molybdenum trioxide and 200,000 tonnes of copper cathodes.

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