On December 15, in response to the “getting gold assets again” matter that the industry is concerned about, the Luoyang Molybdenum industry exclusively responded to the China Securities News reporter saying that the Luoyang Molybdenum industry is optimistic about the long-term market prospects of gold assets, and that purchasing Brazilian business assets is a major step for the company to implement the “copper-gold bipolar” merger and acquisition strategy. The company believes that Brazil is rich in resources and has relatively stable geopolitics. The project will have a good synergy effect with Luoyang Molybdenum's Brazilian niobium and phosphorus assets to further deepen the company's resource layout in South America. Luoyang Molybdenum said that once delivery in the first quarter of 2026 is completed, the annual output of the company's gold business will increase by about 8 tons, increase the company's gold resource reserves, enhance the company's performance, and form a gold resource package with the Ecuadorian gold mine, making full use of the synergy between the two and the synergy within the region to further create a template for the company's platform-based resource enterprise. After Ecuador's Odin Mining is put into operation in the future, the company's annual gold production is expected to break the 20-ton mark.

On December 15, in response to the “getting gold assets again” matter that the industry is concerned about, the Luoyang Molybdenum industry exclusively responded to the China Securities News reporter saying that the Luoyang Molybdenum industry is optimistic about the long-term market prospects of gold assets, and that purchasing Brazilian business assets is a major step for the company to implement the “copper-gold bipolar” merger and acquisition strategy. The company believes that Brazil is rich in resources and has relatively stable geopolitics. The project will have a good synergy effect with Luoyang Molybdenum's Brazilian niobium and phosphorus assets to further deepen the company's resource layout in South America. Luoyang Molybdenum said that once delivery in the first quarter of 2026 is completed, the annual output of the company's gold business will increase by about 8 tons, increase the company's gold resource reserves, enhance the company's performance, and form a gold resource package with the Ecuadorian gold mine, making full use of the synergy between the two and the synergy within the region to further create a template for the company's platform-based resource enterprise. After Ecuador's Odin Mining is put into operation in the future, the company's annual gold production is expected to break the 20-ton mark.