点击蓝字，关注我们 今日上午港股 1 . 顺丰同城(09699)涨超3.1% 。消息面上，顺丰同城日前发盈喜，截至2025年12月31日止年度公司拥 有人应占利润预期将不低于人民币2.38亿元，较2024年度不低于80%的增长；经调整净利润预期将不 低于人民币3.76亿元，较2024年度不低于158%的增长；收入预期将不低于人民币220亿元，较2024年 度不低于40%的增长。 2 . 复宏汉霖(02696)早盘涨近5% 。消息面上，近日，复宏汉霖在美国旧金山顺利举办HLX22-GC-301 研究线下研究者会。会议围绕公司在研新表位抗HER2单抗HLX22联合曲妥珠单抗及化疗一线治疗 HER2阳性晚期胃癌的国际多中心III期临床研究HLX22-GC-301展开。 3 . 小鹏汽车-W(09868)续跌超2.2% 。消息面上，根据小鹏汽车2月1日公告，公司1月交付新车20011 辆，同比下降34.07%，环比下降46.65%。交银国际认为，1Q26车市受季节性淡季与前期消费透支的 双重影响，整体表现平淡。 4. 工程机械股延续涨势，截至发稿， 中联重科(01157)涨7.47%，中国龙工(03339)涨5.75 ...

智通财经APP获悉，周一，稀土概念股盘前快速拉升，Critical Metals(CRML.US)涨超8%，NioCorp Developments(NB.US)涨超6%，United States Antimony(UAMY.US)涨超5%，TMC the metals(TMC.US)、 USA Rare Earth(USAR.US)涨超4%，MP Materials(MP.US)涨超3%。消息面上，美国总统唐纳德·特朗普 正准备启动一项总额达120亿美元的战略关键矿产储备计划，旨在通过建立商业库存机制，保护美国制 造商免受供应链冲击，并进一步强化国家工业安全。 （原标题：美股异动 | 稀土概念股盘前快速拉升 Critical Metals(CRML.US)涨超8%） 据媒体报道，这项被称为"Project Vault"的计划将通过美国进出口银行提供的100亿美元贷款，结合16.7 亿美元的私人资本，为汽车制造商、科技公司及其他制造业巨头采购和储存矿产。这将是美国私营部门 首个此类储备项目，不仅规模创下纪录，其运作模式也类似于国家的战略石油储备。 ...

周一（2月2日）美股盘前，稀土概念明显走强。 截至发稿，NioCorp Developments盘前涨近9%，Critical Metals涨超7%，TMC the metals、American Resources、United States Antimony涨逾6%，USA Rare Earth涨近6%、MP Materials涨近5%。 | 代码 | 名称 | 盘前涨跌幅 √ | | --- | --- | --- | | NB | NioCorp Developments | 8.98% | | CRML | Critical Metals | 7.52% | | TMC | TMC the metals | 6.50% | | AREC | American Resources | 6.01% | | UAMY | United States Antimony | 6.00% | | USAR | USA Rare Earth | 5.71% | | MP | MP Materials | 4.88% | | PPTA | Perpetua Resources | 4.13% | | UUUU | ...

Core Insights - USA Rare Earth, Inc. (USAR) and NioCorp Developments Ltd. (NB) are both engaged in the exploration and mining of minerals and metals in North America, benefiting from the rising demand in electric vehicles and renewable energy markets [2][3]. Group 1: USA Rare Earth (USAR) - USAR is advancing its Stillwater magnet manufacturing facility in Oklahoma, which will produce Neodymium Iron Boron (NdFeB) magnets for various high-growth industries [4]. - The company is focused on equipment installation and preparing for commissioning in early 2026, while also recruiting engineers and technicians to operate the facility [5]. - USAR's financial position improved through PIPE financing and warrant exercises, raising its cash balance to over $400 million by the end of Q3 2025, which will support upgrades and expansions at the Stillwater plant [6]. - The acquisition of Less Common Metals in November 2025 will provide a reliable source of critical metal and alloy feedstock for the Stillwater facility, positioning USAR for increased production capacity [7]. - Despite these advancements, USAR has not generated any revenues and has faced rising operational expenses, with selling, general, and administrative expenses increasing to $11.4 million in Q3 2025 from $0.8 million in the previous year [8]. Group 2: NioCorp Developments Ltd. (NB) - NioCorp is advancing its Elk Creek Project in Nebraska, which aims to produce niobium, scandium, titanium, and rare earth elements essential for electric vehicles and clean energy [9]. - The company received board approval for the Mine Portal Project in December 2025 and acquired additional land for the Elk Creek Project, enhancing its operational footprint [10]. - NioCorp raised approximately $60 million through public offerings in September 2025 to fund its initiatives, but faces dilution risks as it seeks $1.1 billion to reach production [12][13]. - The company has a deal with the U.S. Department of Defense to support engineering and drilling activities at the Elk Creek site, which is crucial for moving the project to commercial operation [11]. - The Zacks Consensus Estimate indicates a projected loss of 68 cents per share for NioCorp in 2025, reflecting ongoing financial challenges [14]. Group 3: Comparative Analysis - In the past month, USAR's shares increased by 26%, while NB's stock gained 16.2% [16]. - USAR is trading at a forward price-to-earnings ratio of negative 42.72X, compared to NioCorp's negative 13.04X [17]. - Given the current developments, USAR appears to be a more favorable investment option compared to NioCorp, which is still in the funding phase for its Elk Creek project [19].

Core Insights - NioCorp Developments Ltd. is currently considered one of the best metal stocks to invest in, particularly following the approval of the Mine Portal Project, which is crucial for the Elk Creek Critical Minerals Project [1][2] Group 1: Project Developments - The board of NioCorp approved the Mine Portal Project, which will establish the main entrances to the Elk Creek underground mine, serving as access for personnel, equipment, and materials [1][2] - The capital cost for the Mine Portal Project is estimated to be approximately $44.6 million, with work expected to commence in the first quarter [2] Group 2: Strategic Acquisitions - NioCorp completed an $8.4 million acquisition of FEA Materials LLC, enhancing its capability to produce aluminum-scandium master alloy in the U.S. [3][4] - The acquisition positions NioCorp to establish the first fully integrated scandium supply chain in the U.S., covering mining, oxide production, and alloy manufacturing for both defense and commercial markets [4] Group 3: Market Position and Future Outlook - NioCorp is focused on the Elk Creek Project in Nebraska, which aims to mine essential materials such as Niobium, Scandium, and Titanium, along with potential Rare Earth Elements [5] - The CEO of NioCorp emphasized the importance of the Portal Project as a critical milestone and expressed gratitude for the support from local stakeholders [3]

Core Insights - The year 2025 marked significant advancements for NioCorp, particularly in financing, federal support, technical development, and pre-construction efforts, laying a strong foundation for the Elk Creek Critical Minerals Project [3][4][19] - The company aims to secure full project financing and advance towards formal construction approval in 2026, which is seen as a pivotal year for the project [4][19] Financing Progress - NioCorp raised over $370 million in 2025, including $360.8 million in equity capital and $10 million from the Pentagon, marking one of the most successful fundraising years in its history [7][9] - The Export-Import Bank of the United States (EXIM) advanced the Elk Creek Project to Independent Technical Review, indicating serious consideration for a potential binding debt agreement [5][6] Federal Support - The company received up to $10 million from the Department of War under the Defense Production Act to support various technical programs, including reserve-upgrade drilling and development of scandium alloy technology [11][12] - Federal support is viewed as a strategic move to strengthen U.S. defense and aerospace supply chains [11] Technical Development - NioCorp completed a Department of War-funded in-fill drilling program, analyzing over 7,000 drill core samples to enhance the geological model and support resource conversion [13][15] - An updated Feasibility Study is expected to incorporate rare earth elements alongside niobium, scandium, and titanium, aiding in project financing efforts [15] Pre-Construction Efforts - The company has acquired all necessary land parcels for construction and received Board approval for the mine portal project, which is a significant step towards reducing execution risk [16][20] - Community support was evident with nearly 600 attendees at Town Hall events, highlighting the project's importance to Nebraska's economy [17][18] 2026 Priorities - The primary focus for 2026 is to finalize and secure full project financing, advance the EXIM due diligence process, and complete remaining equity financing [19] - Additional goals include publishing an updated Feasibility Study and establishing a domestic U.S. scandium supply chain [19]

Core Viewpoint - NioCorp Developments Ltd. is positioned in the rare-earth elements market, receiving positive analyst upgrades that reflect strong investor confidence and government support for the industry [1][2][5] Group 1: Analyst Upgrades - H.C. Wainwright upgraded NioCorp's stock to a "Buy" rating with a new price target of $11.25, up from $9.50 [1][5] - Freedom Capital Markets initiated coverage with a "Buy" recommendation and a price target of $8.70, which is 31% above the recent closing price [2] Group 2: Stock Performance - NioCorp's stock closed over 2% higher, contrasting with a 0.3% decline in the S&P 500 index, indicating strong investor confidence [3] - The stock has experienced a 9.61% increase recently, translating to a $0.60 rise, with trading fluctuations between $6.30 and $6.97 [4] - Over the past year, NioCorp's stock reached a high of $12.58 and a low of $1.49, highlighting its volatility [4] Group 3: Market Context - The company's market capitalization is approximately $535.9 million, with a trading volume of 4.39 million shares, reflecting strong investor interest in rare-earth elements [4]

Core Insights - The article highlights the final assay results from NioCorp Developments Ltd.'s 2025 drilling campaign at the Elk Creek Critical Minerals Project, reinforcing geological confidence in the deposit [1] Group 1: Company Developments - NioCorp is a leading U.S. critical minerals developer focused on the Elk Creek Project located in southeast Nebraska [1] - The results from the drilling campaign support ongoing resource and reserve uplift efforts [1] Group 2: Geological Confidence - The assay results continue to reinforce the geological confidence in the Elk Creek Deposit [1]

Financial Performance - The net loss for the three months ended December 31, 2025, was $0.8 million, or $0.02 per share, compared to a net loss of $0.5 million, or $0.01 per share, for the same period in 2024[6] - For the six months ended December 31, 2025, the net loss was $43.4 million, or $0.44 per share, compared to a net loss of $2.5 million, or $0.06 per share, for the same period in 2024[6] - The adjusted net loss for the three months ended December 31, 2025, was $5.3 million, or $0.06 per share, compared to an adjusted net loss of $1.9 million, or $0.05 per share, for the prior-year period[6] - The adjusted net loss for the six months ended December 31, 2025, was $13.6 million, or $0.15 per share, compared to an adjusted net loss of $3.3 million, or $0.08 per share, for the prior-year period[6] - Operating cash outflows for the six-month period totaled $7.6 million, primarily due to expenditures associated with the Elk Creek drilling program and feasibility study updates[7] Cash Position - As of December 31, 2025, NioCorp had a record cash balance of $307 million, following significant derisking of the Elk Creek Critical Minerals Project[3] Project Developments - The U.S. Department of Defense awarded Elk Creek Resources Corp. up to $10 million to support activities related to the Elk Creek Critical Minerals Project[3] - NioCorp completed an infill drilling campaign and closed on the acquisition of scandium alloy manufacturing assets during the reporting period[3] - The company is developing a critical minerals project expected to produce niobium, scandium, and titanium, with potential for rare earth production[14] Risks and Uncertainties - NioCorp faces significant risks including trade policies, inflationary pressures, and climate change impacts that may affect its operations[18] - The company acknowledges the speculative nature of mineral exploration and development, which includes risks of diminishing reserves and resources[18] - NioCorp's management emphasizes the possibility of cost overruns and unanticipated expenses in development programs[18] - There are concerns regarding the management of the water balance at the Elk Creek Project site and land reclamation requirements[18] - The company has not secured insurance covering all of its operations, which poses additional risks[18] - NioCorp warns that actual results may materially differ from projections if risks or uncertainties materialize[19] - The company does not undertake any obligation to update forward-looking statements unless required by law[20] Reporting and Compliance - NioCorp plans to file its unaudited interim condensed consolidated financial statements for the three- and six-month periods ended December 31, 2025, by February 16, 2026[8]

Industry Overview - The global rare earth metals market was valued at approximately $5.73 billion in 2025 and is projected to reach $7.79 billion by 2030, driven by the green energy transition [2] - The U.S. rare earth market reached $82.7 million in 2024, growing at an annual rate of 9.5%, targeting $135 million by 2030 [3] - Geopolitical instability and concerns over China's dominance in rare earth refining have increased investor interest in domestic supply chains [4][5] Company Developments - MP Materials reported a 51% year-over-year increase in NdPr oxide production in Q3 2025 [3] - MP Materials is commissioning a heavy rare earth separation facility in mid-2026 and is involved in a DoD-backed mine-to-magnet plant in Texas [4][5] - American Resources Corporation (NASDAQ:AREC) announced a strategic partnership with Transition Equity Partners, securing a $200 million equity facility to support its multi-mineral refining platform [10] - NioCorp Developments Ltd. (NASDAQ:NB) received a Buy rating from Freedom Capital Markets with a price target of $8.70, following its shift from exploration to development [13][14] - Critical Metals Corp. (NASDAQ:CRML) commenced construction of a multi-use storage and pilot-plant facility in Greenland, aimed at supporting its Tanbreez project [16][17] Strategic Initiatives - The industry is shifting towards onshore refining and magnet manufacturing to enhance domestic supply chains [4][5] - American Resources Corporation is implementing blockchain-based tokenization for its refined minerals, providing real-time provenance for defense and government customers [11] - NioCorp is advancing the Elk Creek Critical Minerals Project, expected to become a significant source of strategic minerals in North America [15] - Critical Metals Corp.'s Tanbreez Rare Earth Project is considered one of the world's significant rare earth deposits, focusing on high-tech and clean energy applications [18]