China Molybdenum co have declared that they will be investing $542 million in the Shanghai Stock Exchange.
China Molybdenum Co are the biggest molybdenum company nationwide and produce millions a year.
China Molybdenum’s net profit, computing by International Accounting Standards, surged 112.9% year on year to RMB 419 million in the first half of this year, and its basic earnings per share stood at 8.6 RMB cents.
