On the morning of August 28, 2025, Jiaxin International Resources Investment Co., Ltd. (Jiaxin International), with Jiangxi Copper Group as the main shareholder, officially listed on the Main Board of the Hong Kong Stock Exchange (HKEX) and the "Belt and Road" Board of the Astana International Exchange (AIX) simultaneously. This marks the world's first project to list on both exchanges at the same time, the first HKEX-listed company primarily engaged in tungsten mining, and the first stock denominated in RMB in Central Asia.

Molybdenum market update on September 29, 2025

The overall domestic molybdenum market remains lukewarm, characterized by limited price reduction margins from suppliers, low inquiry and procurement enthusiasm from downstream users, narrow price adjustments, and slow order growth.

I. Analysis of China Molybdenum Price Trends for September 2025

According to CTIA GROUP LTD Online, molybdenum products price trend in China for September 2025 showed an initial rise followed by a decline, with the end-of-month prices for most products lower than those at the beginning of the month.

Molybdenum market update on September 28, 2025

The domestic molybdenum market overall maintains a weak performance, with interwoven bullish and bearish factors leading to a somewhat stagnant negotiation atmosphere between buyers and sellers, resulting in a lack of upward momentum in product prices and low transaction volumes.