Jilin Daheishan Molybdenum Industry Co., Ltd.
Founded on December 21st 2004, Jilin Daheishan Molybdenum Co., Ltd. is a subsidiary affiliated with Jilin HOROC Nonferrous Metal Group Co., Ltd. and jointly invested by HOROC Group and its strategic investors. Located in Cuoluo Village, Xiyang Town, Tongji County, the company possesses special large-sized molybdenum deposit and occupied areas of 1.5 million square meters. With proven reserves of 1.65 billion tonnes of molybdenum resources and average ore grade of 0.066% and molybdenum metal content of 1.09 million tonnes, the molybdenum deposit has been ranked the second place in Asia and the fifth place among 7 largest molybdenum mines in the world.
By the end of 2006, the company’s total assets had amounted to RMB234 million yuan, and mining and dressing capacity had reached 1,750 tpd while annual output of molybdenum concentrate was 900 tonnes with ore grade of 47%. Under the strategic guidance of "transforming resource advantages into product advantages", the company will develop towards deep processing of molybdenum products relying on itself resource advantages.
By the end of the"Eleventh Five-Year Plan" period, Daheishan Molybdenum Industry Co., Ltd. will become predominant molybdenum production base in China with reasonable structure, advanced technology and substantial benefits resulted from scaled economy.