Q2 turns from profit to loss, China Northern Rare Earth: It is expected that Q3 earnings will improve slightly compared to the previous quarter | Direct hit on the earnings conference

1. In the first half of this year, China Northern Rare Earth's revenue and total profit only achieved 30.21% and 7.77% of the annual plan, respectively, with a year-on-year loss in Q2 compared to profit. 2. The company revealed that since the third quarter of this year, there has been a noticeable improvement in downstream consumer sector orders compared to the second quarter, with a simultaneous increase in sales of main products. 3. In the later period, as the market situation improves, the signs of impairment of the company's products will gradually diminish, and it is expected that the gross margin will improve month-on-month in the third quarter.

cls.cnSep 10 09:11 ET

The price of China Northern Rare Earth has been raised by nearly 5% on the listed price! The expected improvement in the supply and demand situation in the industry is expected to bring the price of praseodymium-neodymium oxide back to 0.44 million yuan/t

① PrNd oxide has reached the price of 0.4 million yuan/ton again, coupled with the slowing growth of the second batch of rare earth indicators this year, the rare earth industry is regaining confidence; ② In September, the listing price of several rare earth products in Northern Rare Earth increased by nearly 5% month-on-month, which is also the second time this year that the company's listing price has been "high"; ③ Analysts believe that the future rare earth prices are expected to stabilize, and it is expected that this wave of rare earth price increases will reach about 0.44 million yuan/ton.

cls.cnSep 2 10:45 ET

The tungsten sector supports performance, xiamen tungsten H1 revenue decreases and profit increases, tungsten enterprises welcome a wave of price increases|interpretations

Due to the high tungsten price, Xiamen Tungsten achieved increased profits despite a decrease in revenue in the first half of the year. After the rebound of tungsten prices, tungsten companies have followed suit and experienced a wave of price increases.

cls.cnAug 22 10:49 ET

90,000, the last defense line of lithium prices? | Jianzhi Research

Has this round of liquidation just begun?

wallstreetcnJul 3 21:28 ET

Cobalt production soared 170%, and the Luoyang molybdenum industry surpassed Glencore to become the world's largest cobalt miner

In 2023, with the increase in Congolese gold TFM and KFM production, the company's copper-cobalt production exploded.

wallstreetcnJan 4 20:57 ET

The conflict between Russia and Ukraine pushes up the price of nickel

Russia's pure nickel supply accounts for more than 15% of the world's pure nickel supply, and if the conflict affects commodity exports, nickel prices are likely to continue to rise.

智通財經Feb 24, 2022 20:10 ET