After "feeding" a φ50mm molybdenum rod, φ6.2mm molybdenum wire comes out from the other end of the production line two to three minutes later.

　　Zhang Erzhao, Deputy General Manager of Luoyang High-tech Molybdenum-tungsten Company, says proudly that this is the most advanced equipment in the world currently and the entire production process takes at least one hour in the past.

　　Although the production line of ultra-long molybdenum wire painting is inconspicuous, it increases deep processing capability of molybdenum wire from 1kg of unit weight to 25 kg. Within 3 years after its establishment, Luoyang High-tech Molybdenum-tungsten Company, the new star for deep molybdenum processing, has set several first in China, each ton of metal molybdenum appreciates 130,000 yuan to 200,000 yuan, over 70% of its products are exported and sales income is up to 260 million yuan from January to September. The company jumps to the largest deep molybdenum-tungsten processing enterprise in Asia.

　　Each ton of fine molybdenum ore was sold at about 450 yuan a few years ago, 1/9 of the current price. Since the molybdenum market slumps continuously, many enterprises engaging in mining, mineral separation and smelting in Luanchuan, "Capital of Molybdenum", suffer a lot. Developing deep molybdenum-tungsten processing and taking over high-end market become the new selection of knowledgeable people in the city. In January 2005, CMOC invested 70 million yuan in purchasing and restructuring the former state-run 744 Plant to establish Luoyang High-tech Molybdenum-tungsten Company. In September that year, it invested 150 million yuan in starting annual output of 1,500t deep molybdenum-tungsten processing and technical innovation project and developed and produced molybdenum tungsten plate, abnormally shaped molybdenum-tungsten product, super large molybdenum-tungsten plate, molybdenum-tungsten plate, molybdenum-tungsten rod, super-thin molybdenum-tungsten plate and other products. The long-term suspended plant with knee-deep weed comes to life.

　　Since its establishment, Luoyang High-tech Molybdenum-tungsten Company aims at international market, increases R & D investment, breaks oversea technical blockade and develops "advanced, precise and cutting edge" molybdenum-tungsten products.

　　In August this year, Phase I and II Technical Innovation Project of Luoyang High-tech Molybdenum-tungsten Company was completed and the company set multiple first in China. With over 12 million yuan of experiment equipment, the new scientific research center is the only molybdenum-tungsten lab and its R & D hardware conditions are second to none in China. Top facilities are admired by many colleges and universities and they come to discuss about cooperation, research and development successively. The company is expected to become the first enterprise that has national-brand tungsten-molybdenum lab and testing center simultaneously. It only takes half a year to design and put the annual output of 160t molybdenum wire production line project with new process, filling the gap in China.

　　The annual output of 1,000t molybdenum-tungsten sintering project succeeds trial-operation one time and its output and technology rank first in China. Accompanying the project construction, the second prize (one) of National Science and Technology Progress Award and three patents are being declared…

　　Batches of molybdenum-tungsten products from production lines increase value of molybdenum from 400,000 yuan per ton to 530,000 yuan 600,000 yuan per ton. With three major leaps in 3 years, sales income of the company is expected to break 300 million yuan, profit and tax break 8 million yuan and over 70% of products are exported. Zhang Erzhao says gladly that we have become the largest deep molybdenum-tungsten processing enterprise in Asia. In June this year, molybdenum-tungsten export right was double checked in China, only 7 enterprises with export right was approved by China, and the company was one of them.

　　Luoyang High-tech Molybdenum-tungsten Company prepares to build a deep molybdenum-tungsten processing industrial base with more grand scale. Huang Guoliang, Deputy Secretary of Company Party Committee, says excitedly that the new deep molybdenum-tungsten processing industrial park will cover 500mu lands.

　　Reporter Sun Lihua Correspondent Duan Songqiang