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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.
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.
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.
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.
Market Chatter: Global Green Efforts to Boost Demand For Extraordinary Metal, China Molybdenum Exec Says
China Molybdenum's Q3 Profit Climbs 91.1%; Shanghai Shares Fall 5%