How much gold has zijin mining group's guoge mine really been "plundered"? The issue of illegal mining may be difficult to resolve in the short term.
1. Over 3 tons of gold were robbed overseas, the 'suspicions' have not been completely clarified; 2. The illegal mining problem in the La Llanada gold mine in Colombia may be difficult to solve in the short term; 3. Nearly half of zijin mining group's assets are overseas, with a majority located in underdeveloped regions with weak political and economic stability.
Trina Solar Co., Ltd.: The 'deceleration strategy' correctness remains to be observed. Energy storage will become a new profit growth point. | Focus on earnings conference
①In the third quarter, the price of photovoltaic modules continued to decline, but the gross margin of the energy storage business improved, and energy storage will become a new profit growth point; it is expected that by the end of the year, silicon wafer capacity will be 55GW, module capacity will be 120GW, N-type battery capacity will be 70GW, and P-type battery capacity remains to be clarified; ②The industry is facing positive changes, and the industry chain profitability will certainly be restored, but in the future, there will be more and more differentiation space on the brand side, channel side, and customer side.
Zijin Mining Group plans to invest over ten billion yuan to develop another overseas mine, with an expected annual production of 0.1 million tons of copper and 3.8 tons of gold. | Speed reading announcement
①Zijin Mining Group once again took a major overseas copper-gold mine with an investment of over 10 billion yuan; ②It is expected to produce 0.1 million tons of copper and 3.8 tons of gold per year.
Trina Solar Co., Ltd. reorganizes in the United States: exchanging shares in the component factory for nyse company shares, selling products through the latter.
①The underlying assets involved in this restructuring are the 5GW module factory of trina solar co., ltd. in the usa, which is under construction and about to be put into production. ②trina solar co., ltd. will receive 0.1 billion dollars in cash, 0.15 billion dollars in face value of preferred notes, and FREYR common stock. ③Currently, trina solar co., ltd. is facing losses, while its gross margin in the usa market is the highest.
The lithium carbonate market is stable with an upward trend, and institutions predict that the inflection point of lithium salt inventory is about to come.
shanghai ganglian e-commerce holdings data shows that on November 1st, the price of lithium carbonate rose by 1000 yuan compared to the previous day, with an average price of 0.074 million yuan/ton. According to the Business Society, the lithium carbonate market has shown a stable and rising trend recently, mainly due to the increased purchasing willingness of downstream customers.
In the third quarter, the loss amount is close to the annual level of last year. How to solve the "dilemma" of the steel industry? Suggestions from the industry recommend actively reducing production.
①In the third quarter, the losses in the steel industry worsened, with 21 out of 27 listed steel smelting companies experiencing losses, totaling over 14.5 billion yuan, with the total quarterly loss amount almost approaching that of the entire previous year. ②Industry experts believe that the main reason for the losses is the overcapacity in the steel industry itself, poor industry self-discipline, failure to actively limit production, oversupply of products, continuous decline in steel prices, slow decrease in raw material prices, and severe industry profit compression.