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<Today's Materials and Prominent Stocks> The Ministry of the Environment is promoting the recycling of Precious Metals from "urban mines" and is building wide-area cooperation.
The Ministry of the Environment announced the establishment of a "Resource Circulation Local Government Forum" aimed at having the participation of all municipalities and prefectures to recycle Precious Metals from "urban mines." It aims to promote the sharing of advanced examples and the mutual utilization of processing facilities to improve the recycling rate. Related stocks in urban mining include recycling giants Matsuda Sangyo <7456.T>, AREHD <5857.T>, Asaka Riken <5724.T>, as well as major waste recycling firm Amita HD <2195>.
Gold prices are expected to shine again according to Wall Street.
In 2024, there were hardly any investments as successful as Gold. Wall Street's "Gold Bugs" who favor gold investments are reportedly expecting prices to rise further in 2025. Analysts from JPMorgan, Goldman Sachs Group Inc, and Citigroup seem to have set target prices at $3,000. <5713> Sumitomo Metal Mining <5711> Mitsubishi Materials <5724> Asaka Riken <5857> Asahi HD <7456>
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