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Express News | Lithium mining stocks rebounded amid volatility, with Yongshan Lithium reaching its daily trading limit.
Express News | Lithium mining stocks declined sharply, with Guocheng Mining hitting the daily trading limit down.
Guotai Haitong Securities: The long-term fundamentals for precious metals remain solid; emphasize the allocation value of leading companies in the metals sector.
With the semiconductor sector recovering and AI-related capacity expansions materializing, there remains room for further valuation upside; we recommend focusing on assets with strong exposure to upstream resources and high earnings sensitivity to tin prices.
Express News | Lithium mining stocks rose in the afternoon session, with Guocheng Mining up nearly 9%.
Stocks in the A-share market showed unusual movements as lithium mining stocks generally fell; the Bald Hill lithium mine in Australia is set to resume operations.
On May 19, Glodon reported that lithium mining stocks generally fell, with Wanli Stone dropping more than 7%, Jinyuan Shares falling over 6%, Shengxin Lithium Energy and Ganfeng Lithium declining more than 4%, and Jiuyu High-Tech, Tibet Mining, and Salt Lake Shares also trending lower. In terms of news, Australian Mineral Resources Company announced on May 18 local time that due to a significant and sustained recovery in lithium prices, its wholly-owned Bald Hill lithium mine would resume operations. On-site work will gradually increase from the end of May, with crushing and mining operations set to commence in June. The production of the first batch of spodumene concentrate is expected to begin in July, with the first delivery anticipated in the first quarter of the 2027 fiscal year from Esperance.
China Galaxy Securities: Non-ferrous metal prices return to an upward trajectory, further accelerating industry performance growth.
The upward trend in the industry's gross profit margin was primarily driven by a quarter-on-quarter increase in the average prices of non-ferrous metals in Q1 2026.