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Tshisekedi Poised for Victory in DRC Presidential Election Amid China's Mineral Quest
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Monetary easing is expected to boost the policy of resuming work and production or accelerate the boost of metal demand [institutional review]_SMM
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[Luoyang Molybdenum Industry and Jinxin establish a strategic partnership to further strengthen cooperation in mining] A few days ago, Luoyang Molybdenum Industry and Jinzheng Mining Management Co., Ltd. held a strategic cooperation signing ceremony in Shanghai Hongshang Building, headquarters of Luoyang Molybdenum Industry. Luoyang Molybdenum North Parks Copper and Gold Mine in Australia uses the world's leading underground caving mining method, and is currently carrying out long-term mine planning and technical upgrading, and is in urgent need of professional underground mining technical service providers to provide guidance in order to maximize the development and utilization of resources. Jinxin's professional advantages in underground mine construction services and mining operations are highly in line with the willingness of both sides to cooperate.
Domestic steady growth and continuous increase in the relative benefits of industrial products will continue [institutional review]_SMM
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[the limit of non-ferrous nickel rises to an all-time high and capacity is expected to be released on a large scale within five years.] on January 20, Shanghai Nickel strongly broke the $24000 / ton mark, the first time in more than a decade and reached an all-time high. LME nickel has also hit a 10-year high, with LME nickel prices up nearly 17% again in less than three weeks so far this year. Industry insiders say that high nickel and iron lithium are the two main directions of electric vehicles in the future. The main models of mainstream car companies in the international market are high-nickel routes. As the cost advantage of upstream raw materials of high nickel ternary battery over lithium carbonate is gradually highlighted, and the production capacity of overseas nickel and cobalt will be gradually recovered.