YMC Partners With China's Leading Molybdenum Producer

What happened

South Korean semiconductor materials and components manufacturer YMC announced on Oct. 28 that it signed a framework agreement for strategic cooperation with China's Jinduicheng Molybdenum Co. (JDC), Asia's largest molybdenum producer. The signing ceremony was held at JDC's headquarters in Xi'an, China, attended by YMC Vice President Park Jung-keun, JDC Vice President Wang Zhiyu and other senior officials. JDC, headquartered in Shaanxi Province, China, operates a vertically integrated business spanning ore mining, smelting and advanced materials processing, and is a key subsidiary of Shaanxi Non-ferrous Metals Holding Group, a major Chinese state-owned enterprise. The two companies will establish a cooperative framework covering raw material supply, precision processing and global sales for the semiconductor and display industries: JDC will supply high-quality molybdenum raw materials, YMC will precision-process them into materials and components, and the companies will jointly market the products in South Korea and other global markets. This is a signed framework agreement; the source does not state further details on implementation or outcomes.

Impact and signal

Affected components and suppliers

Source and time

Source: The Elec · 10/28/2026 · View original source