BK0776 Tungsten Concept
- 1748.560
- +9.719+0.56%
Is its trading company caught in a “vortex of emptying” New York copper? Luoyang Molybdenum Industry issued a response
① This week, the New York copper market experienced an epic round of shorting; ② In this round of crazy shorting, Luoyang Molybdenum's trading company Exxon (IXM) was also reported by the media to be in a “vortex” due to holding a large number of short positions; ③ Luoyang Molybdenum plummeted by about 5% in the A-share market on Thursday. Luoyang Molybdenum Industry officially issued a statement to respond to this on Thursday.
The copper market has been emptied historically! The empty side is IXM owned by Torque and Lomoly?
The report said that commodity trading giant Torque and IXM, a subsidiary of China's Luoyang Molybdenum Industry, are trying to buy physical copper to settle their large short positions on the US CME exchange.
Production of the two major mines in the Democratic Republic of the Congo (DRC) hit a record high in a single quarter, and the net profit of the Luoyang Molybdenum industry increased more than fivefold in Q1 | Financial Report Interpretation
① Luoyang Molybdenum's Q1 net profit increased more than fivefold; ② KFM and TFM production of the two major copper-cobalt mines in the Democratic Republic of the Congo (DRC) reached record highs in the first quarter.
Heavy warehouse bought back Meituan Kuaishou! Zhong Geng Qiu Dongrong's quarterly report revealed that there were many moves to adjust positions
Early this morning, Qiu Dongrong's products revealed a quarterly report.
Left-handed gold, right-handed silver, strong chain, Hunan Nonferrous Chairman's performance will call out new goals | Direct hit at the shareholders' meeting
① Hunan Gold plans to achieve consolidated revenue of 25.3 billion yuan this year, with gold production of 49.7 tons, 36,000 tons of antimony products, and 1,800 tons of tungsten products. ② Hunan Gold's main business is gold and antimony, which focus on resources. Hunan Baiyin is building an integrated entire industrial chain.
Copper and cobalt production increased by more than 50% last year Luoyang Molybdenum Industry: TFM's new production line is expected to reach production in the first half of the year
① In 2023, with the increase in Congolese gold TFM and KFM production, the company's copper-cobalt production showed explosive growth. ② The construction of the TFM mixed mine project was completed last year, and three new production lines are expected to reach production in the first half of this year.
“Rare Earth Aircraft Carrier” Marries Guangsheng's Non-Ferrous Rare Earth Industry's “One South, One North” Pattern Accelerates Evolution
At the beginning of the new year, Guangsheng Nonferrous Metals (600259.SH) officially announced a “partnership” with the “rare earth aircraft carrier” China Rare Earth Group. This evening, Guangsheng Nonferrous Metals announced that Guangsheng Group, the indirect controlling shareholder, plans to transfer 100% of the shares of its direct subsidiary Guangdong Rare Earth Industry Group to China Rare Earth Group free of charge, causing China Rare Earth Group to indirectly hold 38.45% of the company's shares.
Major asset restructuring will be suspended starting tomorrow! After Chinatungsten Hi-Tech changed from “dry mother” to “mother” Kakizhuyuan, there are still 4 mines to be injected
① Kakizhuyuan, one of the five major mines of the Minmetals Group hosted by the Chinatungsten Hi-Tech Institute, will be the first injection target. ② Trading of the company's shares has been suspended since the opening of the market on December 26. The company expects the suspension period to be no more than 10 trading days. ③ In addition to Kakitsuen, there are 4 others to be injected into the mine.
Elken Technology invests heavily in heterojunction battery projects exceeding 10 billion dollars, and the guarantee risk is still at its peak
① Since its own production capacity cannot meet order demand this evening, Elken Technology announced plans to invest 2.1 billion yuan in heterojunction battery projects; ② As of December this year, the cumulative amount of external guarantees reviewed by the company and its holding subsidiaries reached 10.991 billion yuan, far exceeding net assets.
Exploring Zhangyuan Tungsten's 5G Smart Factory: Mobile and ZTE 5G Deploy Private Network Powder Production Lines May Complete Next Year
① In the finishing process, Zhangyuan Tungsten Industry collaborated with China Mobile Ganzhou Company and ZTE to build a 5G smart factory. The powder production line will be completely remodeled; the upstream mine is expected to be able to operate ground-based remote control machines in 2-3 years. ② Ganzhou Mobile has invested in more than 11,000 5G base stations, continues to build 5G factories and 5G private network applications, and has built a number of projects in smart cities in counties.
Northward Capital Purchase Report: Luoyang Molybdenum Industry Received Net Sales of $3.41 Million.
On December 4, Northside Capital sold a net total of $14.41 million for two consecutive trading days.
The release of production capacity is imminent, and the Congolese gold transportation capacity is insufficient, the Luoyang molybdenum industry: there are new moves to continue to occupy high-quality mineral resources丨Company Research
① The Luoyang Molybdenum Industry is about to release production capacity in the Democratic Republic of the Congo (Gold), and is ranking among the world's largest cobalt and top ten copper producers. ② Chairman Yuan Honglin told the Finance Association reporter, “Continued access to the highest quality mineral resources is the lifeblood of the company's survival and development. In the future, we will continue to focus on the field of non-ferrous metals, especially new energy metals, and will not rashly expand to the downstream processing industry.”
Is HJT reaching a turning point? Cost reduction, promotion, and steady expansion of production, Elken Technology's Q3 losses narrowed year-on-year | Financial Report Interpretation
① Elken Technology reversed losses in the first three quarters, but was supported by non-recurring profits and losses, especially government subsidies and non-operating income projects; ② Currently, HJT technology has moved from an exploration preparation period to a period of industrial development. Product prices are resilient, and it is expected that stable profits will be achieved; ③ Elken Technology has focused on cost reduction since this year, and 0BB non-main grid components are expected to be mass-produced by the end of this year or early next year.
Restrictions lifted, Q3 performance doubled month-on-month, Luoyang molybdenum industry: Q4 copper and cobalt production capacity is expected to be further increased丨Interpretation of financial reports
① Thanks to the resolution of the restricted issue in the Democratic Republic of the Congo (DRC), production and sales of copper and cobalt, the two main products of the Luoyang molybdenum industry, are booming. ② Relevant company sources said that with the completion of two world-class projects, Luoyang Molybdenum's copper and cobalt production capacity is expected to increase further in the fourth quarter.
Opinion | Policy expectations continue to heat up, driving the Hong Kong stock real estate chain to rebound
Are there better investment opportunities for Hong Kong stocks under the catalysis of real estate policies?
The initial surge in data “threw cold water” on the US dollar! Overnight, the price of gold soared by $25, and Hong Kong's A gold sector grabbed the limelight
Pacific Securities said that gold experienced two bull markets in the 70s of the last century and the first ten years of this century, with increases of 23 times and 7 times, respectively. Currently, gold is in the third round of a bull market. It is expected that the price of gold will reach 2,400 US dollars/ounce to 2,600 US dollars/ounce within two years.
Express News | DBS: Raising Luoyang's Molybdenum Industry's Target Price to HK$5.6, Rating “Buy
Express News | HSBC Research: Raising the target price of the Luoyang molybdenum industry to HK$4.9
Weekly Opinion · Industrial Metals | Social finance data is lower than expected, and metal price performance is strong
Guotai Junan Securities: Maintaining the lithium cobalt industry's holdings growth rating
[Non-ferrous] The price increase was realized as scheduled, entering a highly tracked period of research and judgment: maintaining the lithium cobalt industry's holdings growth rating. Lithium sector: Fundamentally, short-term lithium supply and demand continue to be tight, lithium prices maintain a high trend, and the concentrate side is more certain. 1) Futures side: The Wuxi-pan lithium carbonate 2208 contract rose 0.6% last week to 475,500 yuan/ton; 2) Lithium concentrate: Last week, the price of lithium concentrate from the Asian Metal Network was 4,720 US dollars/ton, the same as last week. We don't think there will be an increase in lithium supply within a year (more affecting long-term supply expectations), and we expect lithium spot prices to be strong in 2022. Increased holdings: China Mining Resources, Tianqi Lithium