Tungsten prices rise, raw material costs under pressure, China Tungsten and Hightech Materials increase revenue but not profit in the first three quarters | Interpretations

①Affected by factors such as the rise in tungsten prices and pressure on raw materials, china tungsten and hightech materials did not increase revenue but failed to increase profits in the first three quarters. ②After the injection of tungsten mine resources from Shizhuyuan Mine into the company this year, it will alleviate the pressure of insufficient raw materials to a certain extent.

cls.cnOct 25 11:17 ET

It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.

①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.

cls.cnOct 18 01:13 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

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

Market Chatter: Global Green Efforts to Boost Demand For Extraordinary Metal, China Molybdenum Exec Says

MT NewswiresNov 22, 2021 01:02 ET