On January 6-7, 2025, China Molybdenum Co., Ltd. (hereinafter referred to as "CMOC") successfully held its first Global Supply Chain Supplier Conference in Luoyang. With the theme of "Talking 'Cobalt' and Discussing Today, 'Copper' Hearts Working Together," the conference brought together 60 outstanding partners from around the world. At this grand event,Sandvikand CMOCformally signed a strategic cooperation agreement, marking that their cooperation has entered a new stage of high-quality development.

Zhang Liqun, Vice President of CMOC and General Manager of Global Supply Chain, and Shen Tong, Vice President of Sales for Sandvik Rock Processing

More than 20 years of working together with one heart

Jointly creating mining industry brilliance

CMOC is a world-leading producer of copper, cobalt, molybdenum, tungsten and niobium, with operations spanning Asia, Africa, South America and Europe. Since 2004, Sandvik has established a close cooperative relationship with CMOC. Leveraging its advanced technology in the ore processing field, Sandvik has provided CMOC with multiple crushing equipment units and comprehensive service solutions.

As cooperation between the two sides has continued to deepen, Sandvik's products and services have been widely applied across many of CMOC's mining enterprises around the world, injecting strong momentum into CMOC's global development.

With more than 20 years of working together with one heart, Sandvik and CMOC have jointly achieved numerous value innovations: Sandvik's equipment features high efficiency and low energy consumption. During production, both sides actively communicated to tap the potential of the equipment, helping CMOC improve production efficiency, reduce production costs and enhance its competitiveness in the global mining market. Relying on Sandvik's globally leading crushing and screening technology and management experience, both sides jointly explored process improvement paths and equipment management optimization plans suited to CMOC's development, promoting innovation in production processes and equipment management and driving industrial upgrading. At the same time, as a world-leading mining equipment supplier, Sandvik has engaged in long-term cooperation and in-depth exchanges with mining giant CMOC, jointly building strong market advantages and enhancing the brand awareness and reputation of both sides.

Strategic cooperation opens a new chapter

Jointly drawing a beautiful blueprint for mining development

The strategic cooperation agreement signed this time is another important milestone in the history of cooperation between the two sides. Next, Sandvik will provide CMOC with more comprehensive and in-depth equipment and technical support. At the same time, both sides will carry out broader cooperation in optimizing supply chain management and improving supply chain efficiency and stability, jointly building a mutually beneficial and win-win ecosystem.

Group photo of CMOC leaders and Sandvik Rock Processing management team

The signing of this strategic cooperation agreement not only brings new development opportunities to Sandvik and CMOC, but also injects new vitality into the global mining industry. Both sides will uphold the principle of mutual benefit and win-win results, deepen cooperation, move forward hand in hand, and open a new chapter of high-quality development in the mining industry.

Looking ahead, Sandvik and CMOC have broad prospects for cooperation. At a time when the global new energy industry is booming, society's demand for metals such as cobalt and copper continues to rise, and CMOC has enormous development potential in this field. Sandvik will fully leverage its advantages in the mining equipment field to provide strong support for CMOC's new energy metals business. Both sides will move forward side by side, actively respond to market challenges, seize development opportunities, and jointly promote the green, efficient and sustainable development of the mining industry.