Zhi Tong Cai Jing·2025-09-30 03:22Core Viewpoint - China Metallurgical Group Corporation (China MCC) shares have risen over 7%, currently trading at 2.62 HKD, with a trading volume of 271 million HKD, driven by positive market sentiment regarding metal prices and the company's resource potential [1] Group 1: Market Context - The backdrop of the current economic environment includes a bottoming out of the economy and a Federal Reserve interest rate cut cycle, leading to a rebound in prices of major metals such as gold and copper [1] - The non-ferrous metal sector has experienced significant gains, prompting a reevaluation of the value of construction companies rich in mineral resources [1] Group 2: Company Resources and Valuation - China MCC currently operates seven overseas mines, primarily focused on nickel, cobalt, copper, lead, and zinc [1] - Key mineral resources include: - Papua New Guinea's Ramu nickel-cobalt mine, with estimated nickel resources increasing to 2.1146 million tons and cobalt resources to 219,400 tons due to successful exploration results [1] - Pakistan's Sandak copper-gold mine, with estimated copper resources of 1.7913 million tons [1] - Ongoing development of the Pakistan Sia Dyk copper mine and Afghanistan Aynak copper mine, which are expected to contribute significantly to the company's earnings and enhance its valuation [1]