Core Viewpoint - Minmetals Resources (01208) has seen a stock price increase of over 5%, currently trading at 6.82 HKD, following the release of its Q3 2025 operational data, which shows significant growth in copper and zinc production [1] Production Performance - The total copper production for Q3 2025 reached 127,000 tons, an 11% increase compared to the same period last year [1] - Zinc production totaled 58,700 tons, reflecting a 26% year-on-year growth [1] - The Las Bambas mine has become the fifth largest copper mine globally, with Q3 production of 102,900 tons of copper concentrate, a 14% increase from Q4 2024 [1] Operational Stability - Mining activities at Chalcobamba and Ferrobamba pits have remained stable, unaffected by external factors [1] - Both the ore grade and recovery rate have been maintained at high levels [1] Future Outlook - China International Capital Corporation (CICC) has noted that the strong performance in copper and zinc production is primarily due to the Las Bambas, Kinsevere, and Dugald River mines [1] - The company has raised its full-year copper production guidance for the Las Bambas mine to 400,000 tons, expecting this production level to be sustainable over the next two years [1]
五矿资源涨超5% 三季度铜总产量同比增长11% 机构看好Las Bambas矿区产量表现