Xiamen Tungsten Co., Ltd. (600549.SH): Luoyang Molybdenum Industry suspends the supply of tailings, causing Luoyang Yulu to stop production.

Zhitong Finance APP news, Xiamen Tungsten Industry (600549.SH) announced that Luoyang Yulu Mining Co., Ltd. (hereinafter referred to as "Luoyang Yulu") is the company's controlling subsidiary, mainly engaged in the comprehensive recovery of white tungsten in the tailings of the Luoyang Luanchuan Molybdenum Group Co., Ltd.'s molybdenum selection plant after molybdenum selection. The ore source is the Luanchuan Sandaizhuang molybdenum mine of Luoyang Molybdenum Industry. Recently, Luoyang Luanchuan Molybdenum Group Co., Ltd. (another shareholder of Luoyang Yulu, hereinafter referred to as "Luoyang Molybdenum") has suspended the supply of tailings to Luoyang Yulu, causing Luoyang Yulu unable to produce. As of now, Luoyang Yulu has basically stopped production.