Core Viewpoint - The recent updates on cobalt export policies in the Democratic Republic of Congo (DRC) are expected to significantly impact global cobalt supply and prices, benefiting companies involved in cobalt mining and refining, particularly those with operations in Indonesia and the DRC [1] Group 1: Cobalt Export Policy Changes - The DRC government has postponed the cobalt export ban to October 15, 2025, and set the export quota for 2026-2027 at only 44% of annual production [1] - This export quota is anticipated to lead to a global cobalt supply that is substantially below normal levels from 2025 to 2027, which is likely to drive cobalt prices higher [1] Group 2: Market Reactions and Company Implications - Liqin Resources (02245) has seen its stock price increase by over 4%, with a cumulative rise of approximately 35% this week, reflecting positive market sentiment regarding cobalt price increases [1] - Citic Securities predicts that companies with cobalt refining operations in Indonesia and those owning mines in the DRC will benefit significantly from the anticipated rise in cobalt prices [1] - Minsheng Securities emphasizes the DRC government's strong stance on supporting cobalt prices, indicating a high probability of quota implementation and a clear upward shift in cobalt price levels [1]
港股异动 | 力勤资源(02245)再涨超4% 本周累涨约35% 公司销量不受刚果金出口限制影响