Big changes! China Northern Rare Earth cancels the listing price and adopts the real-time Quote from the Rare Earth Exchange. Is the Trade for rare earth prices based on the "Baotou Index" being put on the agenda?
① Starting from January 2025, China Northern Rare Earth will no longer publish listed prices, and future long-term contract prices will use the real-time Quote from the Rare Earth Exchange; ② The Rare Earth Exchange will collect prices, and the landscape of rare earth Quote merchants will undergo a "major reshuffle," and the related Trade prices of rare earth concentrates may also change; ③ China Northern Rare Earth adopting the Quote from the Rare Earth Exchange is more fundamentally aimed at creating a rare earth price trading "Baotou Index."
The lithium carbonate industry layout is further advancing, Hunan Corun New Energy's lithium-containing refractory mineral mining expansion is certified | Quick reading of the announcement.
① Hunan Corun New Energy's subsidiary Yichun Lithium Mine has obtained a new mining license, increasing the production capacity from 0.05 million tons/year to 0.4 million tons/year; ② Since entering the lithium battery materials market, Hunan Corun New Energy's performance has been negatively impacted by the decline in lithium prices.
Gold prices have repeatedly reached historical highs, and gold companies are showing impressive performances while increasing reserves. The "long bull" trend still exists | Year-end review.
① This year's gold prices have repeatedly hit new highs, performing particularly impressively; ② Among A-share gold companies, SD GOLD, Zijin Mining Group, Shanjin International, and * Special Treat Zhongrun are actively increasing their reserves; ③ Many industry insiders believe that the trend of a "long bull" market for gold still exists; however, the risks of short-term fluctuations cannot be overlooked.
Accelerate the development of "non-lithium" projects. Sinomine Resource Group announces two investment plans with a scale exceeding 5.7 billion yuan|Read the announcement quickly.
① Sinomine Resource Group announced today investment plans for two subsidiaries, involving Copper and Other Metals, with an intended investment scale exceeding 5.7 billion yuan. ② In fact, Sinomine Resource Group has been laying out plans for Copper mines for many years, but no revenue from Copper-related products exceeding 10% has been observed in annual reports over the years. Since the beginning of this year, the pace of advancement in Copper mining by Sinomine Resource Group has significantly accelerated.
【Data Monitoring】 The trading volume of the chip etf has surged, with strong speculators exceeding 0.3 billion buying into grinm advanced materials.
① The sse science and technology innovation board 50 index increased significantly by 3.61% today, with many chip etfs experiencing a substantial increase in trading volume, among which the grinm advanced materials chip etf fund (588290) saw a 232% month-on-month increase in trading volume. ② The high-priced stock grinm advanced materials, which is hit with a trading halt, received a purchase of 0.309 billion from Huaxin Securities at the Shanghai Wanping South Road branch.
The proposed fundraising will not exceed 2 billion yuan! Xiangtan Electric Manufacturing plans to invest in and build a new project for "low-altitude economy" | Brief announcement.
1. xiangtan electric manufacturing plans to raise no more than 2 billion yuan through private placement, for the serialization research and industrialization project of aviation electrical systems, the research and industrialization project of high-speed electric machine systems using magnetic levitation bearings, and supplementary working capital. 2. The company stated that the funds raised from this issuance will be used to improve and expand the company's main business.