Huayou Cobalt: Issued RMB 1 billion of the sixth ultra-short-term financing notes due in 2026 to repay interest-bearing liabilities.

Gelonghui, June 1 | Huayou Cobalt disclosed that the company recently successfully issued its sixth ultra-short-term financing note of 2026 (Bond Abbreviation: 26 Huayou Cobalt SCP006), with a total issuance amount of RMB 1 billion, a term of 268 days, a face value of RMB 100 per unit, and an issuance interest rate of 1.87%. The bond was publicly issued in the national interbank bond market through book-building and centralized allocation, with a syndicate of lead underwriters comprising China CITIC Bank, Bohai Bank, Ping An Bank, and Zhejiang Commercial Bank. Huayou Cobalt stated that the proceeds from this bond will be used to repay the company's interest-bearing liabilities, which will help optimize its debt structure and reduce financial costs.

Gelonghui FinanceJun 1 22:36

Guotai Haitong: Leading metal producers demonstrate notable allocation value; rare earths remain attractive for medium- to long-term investment.

In the medium to long-term outlook, the bank remains optimistic about the investment value of rare earths as a key strategic resource.

Zhitong FinanceJun 1 10:15

Research Report Insights | CITIC Securities: Huayou Cobalt reported a significant year-over-year increase in earnings, benefiting from rising prices of the three key metals—nickel, cobalt, and lithium.

Gelonghui, May 25 | A research report from China Securities Co., Ltd. (CSC) indicated that Huayou Cobalt is expected to achieve a parent-company net profit of RMB 6.11 billion in 2025, up 47% year-over-year, and RMB 2.497 billion in Q1 2026, up 99% year-over-year and 32% quarter-over-quarter, driven by rising prices of its three core metals—nickel, cobalt, and lithium. Regarding nickel, the company’s Huayue and Huafei projects have operated at full or above capacity from 2025 through Q1 2026, with stable costs supported by ample sulfur stockpiles and long-term agreements. On lithium, robust downstream energy storage demand has pushed lithium prices into an upward trend, while the impact of Zimbabwean policy changes has largely

Gelonghui FinanceMay 25 17:28 · Ratings

Huayou Cobalt (603799): Nickel, cobalt, and lithium prices enter an upward trend, with significant integrated advantages

Key View: The company reported attributable net profit of RMB 6.11 billion in 2025, an increase of 47% year-over-year. In Q1 2026, attributable net profit reached RMB 2.497 billion, up 99% year-over-year and 32% quarter-over-quarter, benefiting from its three core metals—nickel, cobalt, and lithium.

CITIC SecuritiesMay 25 14:46

CITIC Securities: Lithium prices decline as hidden inventories become visible; strong downstream restocking may support a rebound

Downstream energy storage production remains at elevated levels, and the rebound in demand provides a floor of support, leading lithium prices into a short-term consolidation phase.

Zhitong FinanceMay 25 14:10

Guosen Securities: Nickel supply and demand are gradually tightening, and the price anchor is expected to rise further.

Indonesia's policy direction of tightening nickel ore supply is relatively clear; although implementation intensity may fluctuate, it will ultimately lead to a tighter global supply-demand balance for primary nickel, supporting a further upward shift in the nickel price center.

Zhitong FinanceMay 25 11:17