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China Molybdenum Company Ltd.

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Summary

Project:

Niobium and Phosphate Project

Deposit:Catalao I and II
Location:Brazil
Commodities:Phosphate-Niobium
Date:9/8/2016
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:8-9-2016: China Molybdenum Company Ltd. announces a Resource Estimation report for its Catalao I and II deposit at the Niobium and Phosphate Project project. Updated mineral resources and ore reserves for recently acquired project. Runge, Inc. dba RungePi
Resources:
CP/QP:[Resources]: Esteban Acuna (RungePincockMinarco Ltd.)
ABSTRACT:Runge, Inc. dba RungePincockMinarco trading (“RPM”) has been engaged by CMOC Mining Pty. Ltd. on behalf of China Molybdenum Company Limited (HK:3993) jointly referred to as (“CMOC” or “the Clients”) to undertake an Independent Technical Review (“ITR”) and compile a Competent Person Report (“CPR” or the “Report”) (as defined by under Chapter 18 of the Rules Governing the Listing Rules of the Stock Exchange of Hong Kong (the “Listing Rules”) on the Niobium and Phosphate Project (the “Project”). The Project located in Brazil (Figure 1-1) is currently owned and operated by Anglo American plc. (the “Company”) and is considered a world class vertically integrated niobium and phosphate business which mines, processes and manufactures market ready ferroniobium and a myriad of fertilizer products for domestic and international demand. The Project has been in continuous production for over 40 years with an established and integrated mining, concentration and manufacturing infrastructure which is interconnected with both road and rail networks.

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