Core Viewpoint - The price of tungsten remains strong, with significant increases in the prices of tungsten concentrate, supporting the high prices of tungsten products [1] Company Summary - Jaxin International Resources (03858) has seen its stock price rise over 4%, currently trading at 79.85 HKD with a trading volume of 195 million HKD [1] - The company is identified as a rare pure tungsten mining target in the market, with its current stock price offering high safety margins and attractiveness [1] Industry Summary - As of January 20, tungsten prices continue to rise, with 65% black tungsten concentrate priced at 520,000 RMB per standard ton, up 13.0% since the beginning of the year, and 65% white tungsten concentrate priced at 519,000 RMB per standard ton, up 13.1% [1] - The overall availability of tungsten resources is tight, as miners are reluctant to sell, which supports the high prices of tungsten products [1] - The global supply-demand dynamics for tungsten are expected to remain tight, with prices likely to steadily increase [1] - The company focuses on the operation of the Bakuta tungsten mine in Kazakhstan, which is expected to position it as a leading player in the mining industry in Central Asia due to its four core competitive advantages [1]
港股异动 | 佳鑫国际资源(03858)再涨超4% 中金指钨价中枢有望稳步抬升