Founded in early 2004, the subsidiary Jinduicheng Molybdenm Ruyang Co., Ltd is mainly engaged in molybdenum mining, dressing, processing and import& export, with a registered capital of RMB30million. Jinduicheng Molybdenum Group Co., Ltd is the biggest shareholder.

The company operates Donggou molybdenum mine with a capacity of 2200mt/day. The main products are molybdenum concentrates, roasted molybdenum concentrates and iron concentrates.