本文源自：智通财经网 消息面上，据报道，印尼莫罗瓦利镍矿中心发生山体滑坡，导致一名工人遇难，并冲走了数台挖掘机、 推土机和倾卸卡车。方正证券认为，这将对印尼镍产出造成影响，考虑到印尼政府对镍价的力挺态度， 镍价有望在1.8万美元以上运行。 据悉，印尼政府预计镍矿2026年配额为2.5-2.6亿吨，相较于2025年的3.79亿吨降幅超过34%。国信证券 发布研报称，印尼是全球最大的镍矿供应国，同时也有着非常成熟的配额制制度，其有意通过政策的调 整来提高镍矿开发的门槛及成本。该行认为，未来镍价的变化将主要取决于印尼镍矿配额的调整，不完 全排除印尼政府极端收紧镍矿供给的黑天鹅事件。 智通财经获悉，镍业股早盘普涨，截至发稿，力勤资源(02245)涨8.33%，报29.64港元；新疆新鑫矿业 (03833)涨3.42%，报2.72港元；中伟新材(02579)涨3.4%，报38.28港元。 ...

据悉，印尼政府预计镍矿2026年配额为2.5-2.6亿吨，相较于2025年的3.79亿吨降幅超过34%。国信证券 发布研报称，印尼是全球最大的镍矿供应国，同时也有着非常成熟的配额制制度，其有意通过政策的调 整来提高镍矿开发的门槛及成本。该行认为，未来镍价的变化将主要取决于印尼镍矿配额的调整，不完 全排除印尼政府极端收紧镍矿供给的黑天鹅事件。 消息面上，据报道，印尼莫罗瓦利镍矿中心发生山体滑坡，导致一名工人遇难，并冲走了数台挖掘机、 推土机和倾卸卡车。方正证券认为，这将对印尼镍产出造成影响，考虑到印尼政府对镍价的力挺态度， 镍价有望在1.8万美元以上运行。 镍业股早盘普涨，截至发稿，力勤资源(02245)涨8.33%，报29.64港元；新疆新鑫矿业(03833)涨3.42%， 报2.72港元；中伟新材（300919）(02579)涨3.4%，报38.28港元。 ...

据悉，印尼政府预计镍矿2026年配额为2.5-2.6亿吨，相较于2025年的3.79亿吨降幅超过34%。国信证券 发布研报称，印尼是全球最大的镍矿供应国，同时也有着非常成熟的配额制制度，其有意通过政策的调 整来提高镍矿开发的门槛及成本。该行认为，未来镍价的变化将主要取决于印尼镍矿配额的调整，不完 全排除印尼政府极端收紧镍矿供给的黑天鹅事件。 智通财经APP获悉，镍业股早盘普涨，截至发稿，力勤资源(02245)涨8.33%，报29.64港元；新疆新鑫矿 业(03833)涨3.42%，报2.72港元；中伟新材(02579)涨3.4%，报38.28港元。 消息面上，据报道，印尼莫罗瓦利镍矿中心发生山体滑坡，导致一名工人遇难，并冲走了数台挖掘机、 推土机和倾卸卡车。方正证券认为，这将对印尼镍产出造成影响，考虑到印尼政府对镍价的力挺态度， 镍价有望在1.8万美元以上运行。 ...

来源：经济观察网 经济观察网 根据公开信息，力勤资源（02245.HK）申请在深交所主板上市的计划已于2025年12月31日 获受理，保荐机构为中金公司。若成功上市，公司将形成"A+H"双平台格局。此举可能带来的影响主要 体现在以下几个方面： 公司项目推进 行业与风险分析 积极影响：公司镍产品贸易量全球领先，湿法项目成本优势显著（毛利率达39.7%），且已与宁德时 代、容百科技等电池企业建立合作。回A后可进一步强化品牌影响力，支撑新能源产业链布局。 需关注的风险： 原材料依赖：红土镍矿采购高度依赖印尼合作伙伴（2025年上半年占比58.89%），定价受印尼HPM公 式影响，若供应或价格波动可能冲击利润。 存货压力：截至2025年6月末存货账面价值43.96亿元，占流动资产28.22%，若镍价下跌或需求减弱，存 在减值风险。 股票近期走势 回A进程可能成为短期股价催化因素。例如，2026年2月11日受印尼削减镍矿配额消息刺激，股价单日 涨超7%，但2月13日又因市场波动单日下跌8.38%，反映资金情绪敏感。 公司计划募资不超过40.47亿元，用于湿法渣资源化示范项目和MHP精炼生产项目。若项目顺利推进， 将有助 ...

Group 1 - The recent decline in the Hong Kong and A-share markets for non-ferrous metals and gold is attributed to multiple factors, including a significant drop in international gold prices and pressure on copper and other industrial metal prices [3] - Major companies in the sector, such as China Nonferrous Mining (01258.HK) and Zijin Mining (02899.HK), experienced substantial declines, with some stocks falling over 8% [2] - The downturn is also linked to the spillover effects from a sharp decline in the US stock market, driven by concerns over high valuations in the artificial intelligence sector, leading to widespread risk selling [3] Group 2 - Analysts are divided on the outlook for the non-ferrous and gold sectors, with some expressing optimism about a potential recovery, while others caution against valuation bubbles and speculative risks [4][5] - Optimistic views suggest that metal assets may continue to experience a period of consolidation, with a focus on upcoming US CPI data to gauge inflation persistence and adjust Federal Reserve policy expectations [4] - Conversely, cautious analysts warn that copper prices are overvalued and driven largely by speculation, indicating a potential cooling in the market as funds withdraw [5]

Core Viewpoint - The significant reduction in nickel production quotas by Indonesia is expected to drive up nickel prices, benefiting companies like Liqin Resources, which is a leading player in the nickel industry [1] Group 1: Company Overview - Liqin Resources (02245) has seen its stock price increase by over 5%, reaching HKD 29.84, with a trading volume of HKD 273 million [1] - The company is recognized as a global leader in the nickel industry, covering the entire nickel supply chain [1] - Liqin Resources has transitioned from nickel trading to becoming an integrated industrial company, encompassing nickel trading, smelting production, equipment manufacturing, and sales [1] Group 2: Industry Developments - PT Weda Bay Nickel, the world's largest nickel mine, has been informed of a production quota of 12 million tons for this year, a 71% decrease from the 42 million tons expected in 2025, which is significantly below market expectations [1] - Indonesia's Ministry of Energy and Mineral Resources has announced a nickel mining quota of 260-270 million tons for 2026 [1] - Jianghai Securities believes that Indonesia's substantial reduction in nickel mining quotas, along with increased resource taxes and stricter regulations against illegal mining, will systematically raise the central price of nickel [1]

Group 1 - The core viewpoint of the article highlights the significant increase in the stock price of Lihua Resources (02245), which rose by 7.11% to HKD 28.32, with a trading volume of HKD 96.69 million [1] - As of February 11, the main contract for nickel on the Shanghai Futures Exchange increased by over 4%, reaching CNY 139,670 per ton [1] - The Indonesian Ministry of Energy and Mineral Resources announced on February 10 that the approved nickel ore production quota for 2026 is between 260 million to 270 million tons, indicating a tightening supply in the future [1] Group 2 - Citic Securities noted that Indonesia's regulatory stance on the mining industry is becoming increasingly stringent, which is expected to slow down the growth rate of nickel production and support a gradual recovery in nickel prices [1] - Goldman Sachs raised its nickel price forecast for 2026 from USD 14,800 per ton to USD 17,200 per ton, predicting that prices could reach around USD 18,700 per ton by the second quarter of 2026 due to tightening ore supply [1] - Macquarie also increased its average nickel price forecast for the London Metal Exchange in 2026 from USD 15,000 per ton to USD 17,750 per ton [1]

Core Viewpoint - The news highlights a significant increase in the stock price of Lygend Resources (02245) and a bullish outlook on nickel prices due to regulatory changes in Indonesia and supply constraints [5]. Group 1: Company Performance - Lygend Resources' stock price rose over 7% during trading, with a current price of 28.20 HKD and a trading volume of 99.1051 million HKD [5]. Group 2: Nickel Market Insights - The Shanghai nickel futures contract for February 11 increased by over 4%, reaching 139,670 CNY per ton [5]. - Indonesia's Ministry of Energy and Mineral Resources announced a nickel ore quota for 2026, with an approved production volume of only 260 to 270 million tons for the year [5]. - Citic Securities indicated that Indonesia's increasingly strict regulatory stance on the mining industry is likely to slow the growth of nickel production, leading to a gradual recovery in nickel prices from their current lows [5]. Group 3: Price Forecasts - Goldman Sachs raised its 2026 nickel price forecast from 14,800 USD per ton to 17,200 USD per ton, predicting that prices could reach around 18,700 USD per ton by the second quarter of 2026 due to tightening ore supply [5]. - Macquarie also increased its average nickel price forecast for the London Metal Exchange in 2026 from 15,000 USD per ton to 17,750 USD per ton [5].

Group 1 - The core viewpoint of the article highlights the significant increase in the stock price of Likin Resources (02245), which rose by over 7% to HKD 28.32, with a trading volume of HKD 96.69 million [1] - As of February 11, the main contract for nickel on the Shanghai Futures Exchange increased by over 4%, reaching CNY 139,670 per ton [1] - The Indonesian Ministry of Energy and Mineral Resources announced a nickel ore production quota for 2026, confirming an approved output of only 260 million to 270 million tons for the year [1] Group 2 - Citic Securities indicated that Indonesia's regulatory stance on the mining industry is becoming increasingly stringent, which is expected to slow down the growth rate of nickel ore production and support a gradual recovery in nickel prices from the bottom [1] - Goldman Sachs raised its nickel price forecast for 2026 from USD 14,800 per ton to USD 17,200 per ton, predicting that prices could reach around USD 18,700 per ton by the second quarter of 2026 due to tightening ore supply [1] - Macquarie also increased its forecast for the average nickel price on the London Metal Exchange in 2026 from USD 15,000 per ton to USD 17,750 per ton [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 重新提交 致：香港交易及結算所有限公司 公司名稱: 寧波力勤資源科技股份有限公司 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02245 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 550,694,291 | RMB | | 1 RMB | | 550,694,291 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 550,694,291 | RMB | | 1 RMB | | 550,694,291 | | 2. 股份分類 | 普通股 | 股份類別 | 其他類別 (請註明) | | 於香 ...