远川研究所·2025-10-22 13:15Core Viewpoint - The article discusses the rising significance of copper in the AI era, likening it to "new oil," and highlights the wealth accumulation of key players in the resource sector amid a super cycle in commodities [6][7][9]. Group 1: Copper and Market Dynamics - Goldman Sachs' reports have significantly influenced global markets, particularly regarding copper's role in the AI era [6]. - A supply shock occurred when Indonesia's second-largest copper mine halted operations due to a landslide, leading to a surge in international copper prices [7]. - The demand for various metals, including copper, silver, and gold, has intensified, with copper being viewed as a critical resource for the future [7]. Group 2: Key Players in the Resource Sector - Yu Yong, the head of Hongshang Group, has become a notable figure in the current metals bull market, with his wealth increasing by over 40 billion yuan due to the rise in Luoyang Molybdenum's stock price [13][14]. - Yu Yong's investment strategy includes acquiring significant stakes in various mining operations globally, positioning his company as a major player in the copper and cobalt markets [17][20]. - The article highlights the strategic investments made by Yu Yong, including a series of acquisitions that have expanded Luoyang Molybdenum's global footprint [17][20]. Group 3: Investment Strategies and Trends - The article emphasizes the importance of long-term investment strategies in the resource sector, particularly in the context of the current super cycle [22]. - It notes that savvy investors like Yu Yong and others have capitalized on low points in the commodity cycle, investing billions in copper and cobalt [22]. - The article also mentions the growing trend of investing in gold, with significant profits reported by traders like Bian Ximing, who has successfully navigated the gold market [24][29].