2026年1月26日稀土市场行情： 根据包头稀土产品交易所显示，今日稀土主流产品价格变动幅度较大。氧化镨钕均价68.88万元/吨，上 涨1.64万元/吨；金属镨钕均价82.09万元/吨，上涨1.08万元/吨；氧化镝均价141.64万元/吨，下跌1.42万 元/吨；氧化铽均价627.00万元/吨，下跌4.45万元/吨。今日询价氧化钕、氧化镨、氧化镧铈、氧化铕等 产品成交信息较少，请慎重参考。本周初，金属厂开始了酝酿许久的节前备货，部分厂商小幅提单采 购，带动氧化镨钕及金属镨钕价格上行。下游磁材企业也进行了一定程度的备货，但价格进一步的上涨 也抑制了企业的采购意愿，除刚需采购外，镨钕金属实际成交较为有限。目前看来，短期市场上行趋势 明显，但持续性存疑。 A股市场部分稀土永磁概念股行情表现（2026年1月26日） 代码名称最新价（元）涨跌幅（%）成交额600173卧龙新能8.719.975.81亿元600549厦门钨业 65.519.9744.82亿元600988赤峰黄金42.699.9754.60亿元000758中色股份8.758.1622.85亿元600259中稀有 色84.567.3620.64亿元 本文源自 ...

格隆汇1月26日丨厦门钨业(600549.SH)公布，公司控股子公司福建省金龙稀土股份有限公司（称"金龙 稀土"）为全国中小企业股份转让系统挂牌企业，证券简称：金龙稀土，证券代码：874673。近日，公 司收到金龙稀土通知，其正在申请公开发行股票并在北京证券交易所（简称"北交所"）上市辅导备案。 ...

格隆汇1月26日丨厦门钨业(600549.SH)公布，公司控股子公司福建省金龙稀土股份有限公司（称"金龙 稀土"）为全国中小企业股份转让系统挂牌企业，证券简称：金龙稀土，证券代码：874673。近日，公 司收到金龙稀土通知，其正在申请公开发行股票并在北京证券交易所（简称"北交所"）上市辅导备案。 ...

股票代码：600549 股票简称：厦门钨业 公告编号：临-2026-004 厦门钨业股份有限公司 关于控股子公司金龙稀土申请公开发行股票并 在北京证券交易所上市辅导备案的提示性公告 一、金龙稀土公开发行股票并在北交所上市辅导情况 金龙稀土已于2026年1月26日与华泰联合证券有限责任公司（以下简称"华 泰联合"）签订《福建省金龙稀土股份有限公司与华泰联合证券有限责任公司关 于向不特定合格投资者公开发行股票并在北京证券交易所上市之辅导协议》，并 于同日向中国证券监督管理委员会福建监管局报送了向不特定合格投资者公开 发行股票并在北交所上市辅导备案申请材料，辅导机构为华泰联合。 二、风险提示 金龙稀土目前为基础层挂牌公司，须进入创新层后方可申报公开发行股票并 在北交所上市，存在因未能进入创新层而无法申报的风险。 若金龙稀土后续进入创新层并提交向不特定合格投资者公开发行股票并在 北交所上市的申请，存在无法通过北交所发行上市审核或中国证监会注册的风险， 存在因公开发行失败而无法在北交所上市的风险。 公司后续将根据有关规定及事项进展情况及时履行信息披露义务，敬请投资 者注意投资风险。 本公司董事会及全体董事保证本公告内容 ...

1月25日，记者从厦门上市公司协会获悉，截至23日， 厦门辖区境内上市公司总市值突破万亿元，达10154.3亿元，资本正为厦门产业发展注入强劲的动 能。 资料图 厦门钨业以945.72亿元总市值稳居榜首，盛屯矿业、厦钨新能、亿联网络等企业紧随其后，跻身市值前十阵营，涵盖有色金属、新能源、电子信息、食品 制造等多个领域，勾勒出厦门产业发展的多元版图。 市值增幅是企业发展活力的体现， 乾照光电以285.91%的市值涨幅，成为2025年厦门上市公司中的"增长先锋"，市值达360.49亿元； 紧随其后的依次为盛 屯矿业、延江股份、厦门钨业、嘉戎技术，它们在各自赛道实现市值大幅攀升，成为厦门产业创新发展的鲜活样本。 优质企业聚集 促进资本与产业同频共振 万亿元市值的背后 是厦门上市公司深耕主业 内容来源：厦门日报 厦门钨业居市值榜首 乾照光电成"增长先锋" 市值规模跨越式增长 截至目前 厦门百亿元市值上市企业达到31家 较2025年初新增12家 头部企业引领效应凸显 上市后备企业库再扩容 稳健经营的坚实根基 更是资本运作与产业发展同频共振的成果 2025年， 辖区26家次上市公司完成226.6亿元再融资，为技术升级、业 ...

Group 1: Copper - The LME copper price increased by 0.25% to $12,840.0 per ton, while the Shanghai copper price rose by 0.57% to ¥101,300 per ton [1] - Copper concentrate processing fees fell to -$49.79 per ton, and national copper inventory increased by 2.9% week-on-week, with a year-on-year increase of 203,000 tons [1][13] - The operating rate of copper cable enterprises increased by 2.72 percentage points to 58.71%, with a year-on-year increase of 15.87% [1][13] Group 2: Aluminum - The LME aluminum price rose by 0.29% to $3,137.5 per ton, and the Shanghai aluminum price increased by 1.53% to ¥24,300 per ton [2][14] - The operating rate of domestic aluminum processing enterprises fell by 6.3 percentage points to 51.1% due to the upcoming Spring Festival [2][14] - Electrolytic aluminum ingot inventory decreased by 6,000 tons to 743,000 tons [2][14] Group 3: Gold - COMEX gold price increased by 6.88% to $4,938.4 per ounce, with SPDR gold holdings rising by 4.86 tons to 1,079.66 tons [3][15] - Geopolitical risks have led to a strong fluctuation in the gold market [3][15] - The 10-year TIPS yield decreased by 0.07 percentage points to 1.95% [3][15] Group 4: Rare Earths - The price of praseodymium and neodymium oxide decreased by 0.25% to ¥672,700 per ton [4][36] - December exports of rare earth permanent magnets increased by 7% year-on-year, indicating a recovery in exports [4][36] - The rare earth sector is expected to see upward price momentum due to supply constraints and favorable export conditions [4][36] Group 5: Tungsten - Tungsten prices increased by 5.54% this week, supported by tight supply conditions [4][38] - The establishment of a $2.5 billion "strategic resilience reserve" in the U.S. may elevate tungsten's priority [4][38] - The price of ammonium paratungstate rose by 6.06% to ¥790,500 per ton [4][38] Group 6: Tin - Tin prices increased by 2.19% to ¥423,700 per ton, with inventory rising by 1.79% to 9,720 tons [4][38] - Supply from Indonesia and Myanmar remains below expectations, supporting an upward price trend [4][38] - The demand outlook is positive due to recovery in semiconductor and photovoltaic sectors [4][38] Group 7: Lithium - The average price of lithium carbonate rose by 0.8% to ¥159,500 per ton, while lithium hydroxide increased by 2.0% to ¥156,900 per ton [4][63] - Lithium production decreased slightly, with total output at 22,200 tons, down by 40 tons [4][63] - The market is experiencing strong demand, with signs of pre-holiday stocking [4][63] Group 8: Cobalt - Cobalt prices decreased by 3.7% to ¥437,000 per ton, while cobalt intermediate prices increased by 1.5% to $25.75 per pound [5][65] - Supply tightness is expected to persist, with domestic prices showing upward momentum [5][65] - The market structure remains tight due to limited liquidity and long transportation cycles [5][65]

Investment Rating - The investment rating for the small metals industry is "Positive" (maintained) [5] Core Views - The supply-demand tension continues, with tungsten and tin prices breaking historical highs [4] - Rare earth elements are experiencing a supply tightness, leading to increased prices, particularly for praseodymium and neodymium oxide, which rose by 7.69% to 672,500 CNY/ton [12] - Molybdenum prices are expected to stabilize due to cost support and improved supply-demand dynamics, despite a recent decline [23] - Tungsten prices are at historical highs due to supply contraction and price increases in long-term contracts [30] - Tin prices are strong due to macroeconomic factors and ongoing supply disruptions, with SHFE tin rising by 21.85% to 429,600 CNY/ton [33] - Antimony prices are fluctuating, awaiting signals for export recovery, with recent increases noted [42] Summary by Sections Rare Earths - Praseodymium and neodymium oxide prices increased by 7.69% to 672,500 CNY/ton, while dysprosium decreased by 1.39% to 1,420,000 CNY/ton [12][4] - The supply side remains tight due to policy and supply constraints, while demand from downstream magnetic material companies has shifted from just-in-time purchasing to stockpiling [4] Molybdenum - Molybdenum concentrate prices fell by 1.94% to 4,035 CNY/ton, and molybdenum iron prices decreased by 1.90% to 258,500 CNY/ton [23] - The market sentiment is supported by a stabilization in international molybdenum oxide prices and reduced mine shipments [23] Tungsten - Black tungsten concentrate prices rose by 11.43% to 536,000 CNY/ton, and ammonium paratungstate prices increased by 12.06% to 790,000 CNY/ton [30] - Supply is tightening due to reduced mining quotas and slower production rates, while domestic demand remains stable [30] Tin - SHFE tin prices increased by 21.85% to 429,600 CNY/ton, and LME tin prices rose by 21.73% to 54,200 USD/ton [33] - Supply disruptions from key mining regions and strong demand from traditional and emerging sectors are driving price increases [33] Antimony - Antimony ingot prices rose by 1.26% to 160,500 CNY/ton, and antimony concentrate prices increased by 1.42% to 142,500 CNY/ton [42] - The supply remains tight, and demand is expected to decline as the market approaches the Lunar New Year [42]

厦门辖区上市公司也积极提升投资者回报，2025年实施及宣告现金分红80家次，年内实际派发分红金额 达156.61亿元，切实增强了投资者的获得感。 厦门上市公司协会表示，万亿市值的背后，是厦门上市公司群体的茁壮成长，也是上市公司内在价值稳 步提升、规范运作持续深化的体现。当前辖区上市公司达70家，约占福建省总量的四成。辖区70家上市 公司中，有26家跻身国家级"专精特新"小巨人企业行列，16家获评制造业单项冠军企业，国家高新技术 企业占比超八成。 同时，厦门上市后备梯队也在不断扩充。截至2025年12月底，厦门辖区有上市后备企业597家，辅导备 案拟上市企业9家，正在申报A股上市企业1家，为资本市场"厦门板块"的持续高质量发展储备了充足动 能。 中证报中证网讯(记者罗京)据厦门上市公司协会消息，截至1月23日收盘，厦门辖区上市公司总市值突 破万亿元大关，达10154.3亿元。 数据显示，截至2024年底，厦门辖区上市公司总市值为6266.62亿元，至2025年年末已增长至9030.35亿 元，市值增长近3000亿元，同比增幅达44.1%。迈入2026年，随着市场信心持续增强和辖区上市公司经 营质量不断提升，市值 ...

Group 1 - The core viewpoint of the articles highlights the strong performance and upward trends in the rare metals market, driven by increasing demand and supply constraints [1][2][3] Group 2 - As of January 23, 2026, the CSI Rare Metals Theme Index (930632) rose by 1.28%, with key stocks like Western Materials hitting the daily limit up and others like Chuaneng Power and Zhuhai Group also showing significant gains [1] - The top ten weighted stocks in the CSI Rare Metals Theme Index accounted for 59.54% of the index, with companies such as Luoyang Molybdenum, Northern Rare Earth, and Ganfeng Lithium leading the list [1] - The rare metals ETF fund (561800) saw a 1.41% increase, with a maximum intraday rise exceeding 2%, and recorded a turnover rate of 6.48% with total transactions of 14.6183 million yuan [1] - The price of battery-grade lithium carbonate increased by 4,000 yuan to 152,500 yuan per ton on January 20, 2026, reflecting a more than 28% rebound from the year's low, driven by surging storage demand and supply constraints [2] - New energy storage technologies are expanding rapidly, with lithium battery shipments in China reaching 430 GWh in the first three quarters of 2025, a year-on-year increase of 99.07% [2] - The supply-demand dynamics for rare metals are undergoing significant changes, with tungsten concentrate prices rising by 4.3% week-on-week to 507,000 yuan per ton, and prices for praseodymium-neodymium oxide and dysprosium oxide also increasing [3] - The CS Rare Metals Index, tracked by the rare metals ETF fund, is one of the highest in energy metal content, particularly lithium and cobalt, and is expected to benefit from ongoing market trends [3]

金属行业 2026 年度策略系列报告之小金属&新材料篇 地锁金戈，云生万象 glmszqdatemark 重点公司盈利预测、估值与评级 | 代码 | 简称 | 股价 | | EPS（元） | | | PE（X） | | 评级 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | （元） | 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | | | 600301.SH | 华锡有色 | 52.60 | 1.21 | 2.45 | 3.02 | 43 | 21 | 17 | 推荐 | | 000960.SZ | 锡业股份 | 40.97 | 1.48 | 2.82 | 2.88 | 28 | 15 | 14 | 推荐 | | 605376.SH | 博迁新材 | 73.99 | 0.87 | 2.09 | 4.08 | 85 | 35 | 18 | 推荐 | | 300811.SZ | 铂科新材 | 82.19 | 1.54 | 2.09 | 2.66 | 53 | 39 | 31 ...