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Minsheng Securities: With the imminent production cuts at smelters in the second quarter, Copper prices are expected to rise.
Due to the continued tightening of copper concentrate supply and smelters having consumed a significant amount of inventory, the tension at the mining end will soon be transmitted to the refined copper end. Additionally, with the increasing information about smelter maintenance starting in March, the possibility of production cuts at smelters is gradually rising.
Western Mining (601168.SH): Qinghai Precious Metals Co., Ltd. is currently operating at full production capacity.
On March 11, Gelonghui reported that Western Mining (601168.SH) stated on the investor interaction platform that Qinghai Precious Metals Co., Ltd. is currently operating at full production capacity.
The 3.8% Return This Week Takes Western MiningLtd's (SHSE:601168) Shareholders Five-year Gains to 230%
Western Mining (601168.SH): Western Mining has cumulatively increased its shareholding by 1.729%.
On March 5th, Gelonghui reported that Western Mining (601168.SH) announced that, according to the notification from the controlling shareholder, Western Mining Group's concerted party, Western Mining Assets, as of March 5th, this shareholding plan has been completed. Western Mining Assets has cumulatively increased its shareholding by 41,202,033 shares, accounting for 1.729% of the company's total share capital, with a total shareholding amount of 679.3391 million yuan, of which 116.3391 million yuan is from its own funds and 563 million yuan is from special loans.
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