Asian Metal News
Liaoning Lianshan Molybdenum restarted mining on 1st September 2020 after a five-year suspension. It is currently producing 15 t of molybdenum concentrate per day and will ramp up to 20 t per day next week after some adjustments to equipment are completed.
According to an internal source, the company suspended all mining activities due to a fire in 2015. The company restarted molybdenum mining on 1st September 2020 and leased a local plant for ore dressing. The plant is capable of dressing 2 kt of raw ores per day and the company aims to produced 600 t of molybdenum concentrates in September.
Located in Lanjiagou, Gangtun Town, Lianshan District, Lianshan Molybdenum’s raw ores are at 0.23% Mo grade and the company produces molybdenum concentrates at 38~40% grade.
Mainstream domestic molybdenum concentrates prices are currently at RMB1,300~1,320/MTU ex-works by cash, up by RMB20/MTU from last week.