Core Viewpoint - Copper stocks have seen significant gains, with major companies experiencing notable increases in share prices due to positive developments in the copper industry and strategic initiatives by the China Nonferrous Metals Industry Association [1] Group 1: Stock Performance - Luoyang Molybdenum Co. (603993) has risen by 6.77%, trading at HKD 22.72 [1] - China Nonferrous Mining (01258) increased by 5.89%, reaching HKD 15.29 [1] - Minmetals Resources (01208) saw a rise of 4.83%, priced at HKD 9.98 [1] - Jiangxi Copper Co. (600362) gained 4.8%, trading at HKD 45.44 [1] - Zijin Mining (601899) increased by 4.3%, with a price of HKD 41.26 [1] Group 2: Industry Developments - The China Nonferrous Metals Industry Association is working on improving the copper resource reserve system, which includes expanding the national copper strategic reserve and exploring commercial reserve mechanisms [1] - The association plans to implement commercial reserves through financial subsidies, targeting state-owned enterprises for pilot programs [1] - There is a focus on not only refining copper reserves but also considering the inclusion of copper concentrates that are highly liquid and have significant trade volumes [1] - The association has halted over 2 million tons of copper smelting projects to control excessive growth in smelting capacity [1] - Future efforts will involve strict management of new copper smelting projects to improve the sourcing ratio of copper over time [1]
铜业股午后涨幅扩大 有色工业协会称完善铜资源储备体系建设 铜精矿或纳入储备范围