China’s CMOC Bets on Copper Growth, Maintains Cobalt Target

Major Chinese miner CMOC Group Ltd. plans copper growth of up to double digits in 2026 after a price rally lifted profit, while maintaining guidance after record cobalt output.

Copper output is seen at 760,000 tons to 820,000 tons this year, rising as much as 11% from last year, the Henan-based miner said in an exchange filing on Thursday.