Manufacturer VerifiedChina

CMOC Group Limited

CMOC

CMOC Group is the world's largest cobalt producer and a rapidly ascending force in the global copper market, controlling the critical TFM and KFM mega-mines in the Democratic Republic of Congo. Founded in 1969 in Luoyang, Henan, China, CMOC achieved $28 billion (RMB 206.68B) in FY2025 revenue, with net profit surging 50.3% to RMB 20.338 billion (~$2.8B) and operating cash flow of RMB 20.843 billion. The company operates across 80+ countries (sales network) with 15,000+ employees globally. Listed on SSE: 603993, HKEX: 3993. Key achievements: Self-mined copper hit 741,100 tonnes; cobalt production reached a world-leading 117,500 tonnes (controlling ~39% of global new cobalt supply); TFM and KFM mines at full capacity; acquisition of Ecuador's Odin Mining and four producing Brazilian gold mines diversified into precious metals.

Strengths: Dominant cobalt market position (39% global supply) giving pricing power in EV battery supply chains; IXM commodity trading arm providing real-time market intelligence and global distribution; exceptionally low production costs at DRC mines; aggressive expansion into gold providing cyclical hedge.
Weaknesses: Extreme geographic concentration in DRC — political instability, infrastructure challenges, and evolving mining codes; cobalt price volatility and substitution risk (LFP batteries); relatively small employee base (12,317) for the scale of operations; complex corporate structure following multiple acquisitions.

Business Nature

CMOC Group China Molybdenum is the worlds #1 cobalt producer and a leading integrated producer of copper, molybdenum, and tungsten. Headquartered in Luoyang, Henan, China, its core assets include the TFM Tenke Fungurume and KFM Kisanfu super-mines in the DRC — together controlling ~39% of global new cobalt supply. Through its wholly owned subsidiary IXM the worlds third-largest metals trader, CMOC achieves global distribution. In 2025, CMOC acquired Ecuadors Odin Mining and four producing gold mines in Brazil, marking its first entry into precious metals.

Manufacturing Network:
• Copper: 741.1 Kt self-mined TFM + KFM at full capacity
• Cobalt: 117.5 Kt — ~39% of global new supply
• Molybdenum & Tungsten: World-leading Chinese domestic operations
• KFM Phase II planned: +100 Kt/year copper by 2027
• 15,000+ employees, sales in 80+ countries

Core Business Areas

Copper — Rapid Ascension
• TFM DRC, 80%: World-class copper-cobalt — full capacity
• KFM DRC: Super-giant copper-cobalt deposit
• KFM Phase II: +100 Kt/year copper by 2027
• Target: 800 Kt copper by 2026
• Total copper: 741.1 Kt

Cobalt — World #1
• TFM + KFM: 117.5 Kt cobalt in 2025
• ~39% of global new cobalt supply from a single company
• Critical for EV batteries and superalloys
• Low-cost hydroxide production

Molybdenum & Tungsten
• World-class Chinese domestic mines Sandaozhuang
• Integrated mining-to-processing value chain

Gold — New Entry
• 4 producing gold mines in Brazil 2025 acquisition
• Odin Mining Ecuador: Exploration to production pipeline

Industry Rankings

8Top 10 Metallic Ore Raw Materials Manufacturers & Suppliers

Mfr

8Top 10 Metallic Ore Raw Materials Companies

Brand

Corporate Report

CMOC Group Limited () is a major Chinese multinational mining corporation headquartered in Luoyang, Henan Province, China. Listed on both the Shanghai Stock Exchange (SSE: 603993) and Hong Kong Stock Exchange (HKEX: 3993), the company operates across 10+ countries spanning Asia, Africa, the Americas, and Europe. With approximately 20,000 employees globally, CMOC has established itself as China's most internationally prominent mining enterprise, ranking 79/100 in brand recognition and achieving revenue of approximately RMB 180 billion (~USD 25 billion) in FY2025.

Core Business

CMOC operates as a globally leading producer of molybdenum, tungsten, cobalt, and niobium. The company specializes in the mining and smelting of special metals and new energy metals, with resource reserves, cost control, and international operations as its core advantages. Its business model integrates self-developed mining, self-production, and global operations with a comprehensive production system spanning the entire value chain from extraction to smelting. The company maintains leadership positions in multiple specialty metals: as one of the world's largest molybdenum producers, a leading tungsten producer, a major copper and cobalt supplier, and a significant niobium producer. This resource diversification combined with vertical integration from mining to smelting positions CMOC as a global supply chain leader in specialty metals critical for modern industrial applications.

Global Presence

CMOC operates 10+ producing mines located across China, the Democratic Republic of Congo (DRC), Brazil, Australia, and other regions. The company maintains 15+ processing plants globally for ore concentration and 5+ smelting facilities primarily based in China. In Africa, the TFM and KFM copper-cobalt mines represent core growth assets, while the Brazil operations contribute niobium and phosphate business. China remains the core operational base with the Luanchuan molybdenum mine and Luoyang processing facilities. With operations spanning 10+ countries across four continents, CMOC has built an extensive international footprint serving global markets through its integrated mining, processing, and trading network.

Key Strengths

CMOC's competitive advantages center on its full industry chain integration combining mining, processing, smelting, and global trading capabilities. The company's diversified resource portfolio spanning both traditional (molybdenum, tungsten) and new energy metals (copper, cobalt, niobium) provides resilience across commodity cycles. With 10+ operating mines and substantial ore reserves, CMOC benefits from significant scale advantages and cost leadership in key metals. Its dual-listing on Shanghai and Hong Kong exchanges provides access to international capital markets, while its 79/100 brand heat score reflects strong recognition as China's most internationally prominent mining enterprise. The company's FY2025 revenue of RMB 180 billion with 12.5% year-over-year growth demonstrates sustained operational excellence and market expansion across global operations.

VerityRank Score

VerityRank Score of 79/100

VerityRank Score

79/ 100

Based on market presence, financial scale, operational capacity, and brand strength.

Quick Facts

Headquarters

Luoyang, Henan, China

Founded

1969

Employees

20K+

Factories

TFM & KFM (DRC), IXM trading hubs, plus processing facilities

Listing

HKEX: HK

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: SSE : 603993 , CMOC Group Limited - Wikipedia CMOC Group - About Us CMOC Group - DRC Copper & Cobalt Operations CMOC Releases 2025 Interim Results CMOC Group 2025 Annual Report CMOC 2025 Profit Report - Securities Times

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