CMOC Group Limited (3993.HK)
| Previous close | 7.830 |
| Open | 7.900 |
| Bid | 7.990 x 0 |
| Ask | 8.000 x 0 |
| Day's range | 7.790 - 8.090 |
| 52-week range | 3.730 - 8.570 |
| Volume | |
| Avg. volume | 44,038,350 |
| Market cap | 197.37B |
| Beta (5Y monthly) | 1.39 |
| PE ratio (TTM) | 16.00 |
| EPS (TTM) | 0.500 |
| Earnings date | 30 Apr 2024 |
| Forward dividend & yield | 0.09 (1.17%) |
| Ex-dividend date | 29 June 2023 |
| 1y target est | 8.36 |
BloombergUS Blames China’s CMOC for Predatory Tactics Behind Cobalt Glut
(Bloomberg) -- China’s CMOC Group Ltd. is being accused by a top US official of using “predatory” tactics to depress prices of a key battery metal by flooding the market with cobalt from Democratic Republic of Congo mines.Most Read from BloombergFlood of China Used Cooking Oil Spurs Call to Hike US LeviesBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsTrump Vows ‘Day One’ Executive Order Targeting Offshore WindHow One of the World's Oldest Hedge Funds Went BankruptOpenAI Chief Sci
- Reuters
RPT-COLUMN-West challenges China's critical minerals hold on Africa: Andy Home
China's CMOC Group overtook Glencore to become the world's largest producer of cobalt last year as it ramped up its new Kisanfu mine in the Democratic Republic of Congo. Kisanfu, in which Chinese battery giant CATL owns a minority stake, has flooded the cobalt market. The Cobalt Institute estimates global production exceeded demand by 12,500 tons in 2023, making it one of the "biggest surpluses in recent years".
- Reuters
COLUMN-West challenges China's critical minerals hold on Africa: Andy Home
China's CMOC Group overtook Glencore to become the world's largest producer of cobalt last year as it ramped up its new Kisanfu mine in the Democratic Republic of Congo. Kisanfu, in which Chinese battery giant CATL owns a minority stake, has flooded the cobalt market. The Cobalt Institute estimates global production exceeded demand by 12,500 tons in 2023, making it one of the "biggest surpluses in recent years".
