矿业ETF（561330）盘中涨超2.3%，政策与供需预期支撑有色板块

Group 1 - The core viewpoint is that the implementation of policies is expected to optimize the supply-side capacity structure of non-ferrous metals such as copper and aluminum, leading to the elimination of outdated capacity and improving the efficiency of resource, smelting, and demand linkages [1] - The mid-term profits from copper smelting and alumina production are expected to gradually recover as the demand structure is optimized, particularly in the renewable energy sector, which is anticipated to maintain optimistic growth [1] - The non-ferrous metals steady growth work plan will focus on stabilizing growth and promoting transformation, with coordinated efforts on both supply and demand sides to ensure efficient resource utilization and improve the quality of supply through deep processing materials [1] Group 2 - The mining ETF (561330) tracks the non-ferrous mining index (931892), which selects listed companies involved in the mining and processing of copper, aluminum, lead, zinc, and rare metals, reflecting the overall performance of the non-ferrous metal mining industry [1] - The index exhibits strong cyclical characteristics, effectively reflecting market trends in the non-ferrous metal industry [1] - Investors without stock accounts can consider the Guotai Zhongzheng Non-Ferrous Metal Mining Theme ETF Initiated Link A (018167) and Guotai Zhongzheng Non-Ferrous Metal Mining Theme ETF Initiated Link C (018168) [1]