MMG ( (HK:1208) ) has shared an announcement.
MMG Limited reported its first-quarter production results for 2025, highlighting significant increases in copper production, particularly at Las Bambas, which saw a 71% rise compared to the previous year. However, the company faced declines in zinc, lead, and molybdenum production across several sites, with cobalt production ceasing entirely at Kinsevere. These results indicate a mixed performance, with strong copper output potentially bolstering MMG’s market position, while declines in other minerals may pose challenges for the company’s operational balance and stakeholder expectations.
More about MMG
MMG Limited is a company incorporated in Hong Kong, operating within the mining industry. It focuses on the extraction and production of minerals such as copper, zinc, lead, molybdenum, and cobalt. The company has operations in various locations, including Las Bambas, Khoemacau, Rosebery, Kinsevere, and Dugald River, and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 8.12%
Average Trading Volume: 500
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.69B
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