November 4, 2025 11:00 PM GMT Southern Copper Corp. | Latin America M Update Risk Reward Update What's Changed Latin America Metals & Mining | Peru | Stock Rating | | | Equal-weight | | | --- | --- | --- | --- | --- | | Industry View | | | No Rating | | | Price target | | | US$132.00 | | | Shr price, close (Nov 3, 2025) | | | US$138.29 | | | 52-Week Range | | | US$144.77-73.38 | | | Fiscal Year Ending | | | 12/24 12/25e 12/26e 12/27e | | | EPS (US$)** | 4.16 | 5.14 | 5.32 | 4.53 | | Prior EPS (US$)** | - | ...

November 6, 2025 10:31 PM GMT Unchanged Meaningful upside Modest revision higher Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research Key Takeaways MP Materials Corp | North America 3Q25 Operational Beat; Projects Seem On Track Reaction to earnings 3Q25 results: Revenues of $53.6m beat the Visible Alpha consensus of $52.2m and just missed our estimate of $55.3m. Adj EBITDA of -$12.6m beat both the VA consensus of -$17. ...

#数据 海关总署数据显示，中国1-10月稀土出口52699.2吨；10月稀土出口4343.5吨，9月为4000.3吨，去年10月为4753吨，环比增8.6%，同比降8.6%。 ...

J P M O R G A N Europe Equity Research 03 November 2025 China Metals Activity Tracker When demand starts to fire, this could get interesting…... We present our high-frequency inventory trends for steel, iron ore base metals in China for the week ended 31st Oct. Last week recorded the ~8th successive week of anaemic physical indicators for copper, aluminium, and zinc demand in China. Copper inventories increased by 7kt and China copper premia are ~40% lower since mid-Sept, close to a 2025 low of $36/t. This ...

EU talks with Beijing to lock in assurances from China on the steady of supply rare earths have so far fallen short: Here's your Evening Briefing https://t.co/GlKXP0qynj ...

Indonesia has stopped approving applications for nickel plants that make certain intermediate products, a renewed push by the world’s biggest producer of the metal to move further up the value chain https://t.co/m9RZKxQ9Zb ...

| Sep 30 2025 | Jun 30 2025 | | Sep 30 2024 Sep 30 2025 Sep 30 2024 | | | | --- | --- | --- | --- | --- | --- | | Revenues | $Â Â 1,167 | | | $Â Â 1,207 $Â Â 1,089 $Â Â 3,548 $Â Â 3,222 | | | EBITDA | 75 | 108 | 67 | 269 | 237 | | Net income | 35 | 60 | 35 | 138 | 134 | | Earnings per share | 0.63 | 1.07 | 0.59 | 2.45 | 2.26 | Accessibility StatementSkip Navigation TORONTO, Nov. 5, 2025 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces financial results for three months ended September 30, 2025. Revenu ...

Financial Performance - The company reported adjusted EBITDA of $77.1 million[33] - The company's cash flow from operations reached $110.3 million[33] - The company's adjusted net income per share was $0.27[33] Production Highlights - Consolidated copper production reached 9,073 ounces[31] - Gold production was 2000 ounces[31] - Caraíba Operations achieved record plant throughput, processing nearly 1.0 million tonnes, a 26% increase compared to Q2 2025[54] - Tucumã Operation saw a 19% sequential quarterly production growth due to higher plant throughput[63] - Xavantina Operations experienced a 17% quarter-over-quarter increase in production, driven by higher processed grades and throughput[72] Strategic Objectives - The company aims to achieve commercial production at Tucumã[36] - The company is focused on deleveraging the balance sheet, with the net debt leverage ratio decreasing to 1.9x at the end of Q3 2025[37] - The company plans to continue gold concentrate sales from Xavantina over the next 12–18 months[43]

RENO, Nev., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS), a pioneer in sustainable battery metals recycling and refining, today announced a Memorandum of Understanding (MOU) with MOBY Robotics Inc. to advance early leadership in sustainable refining of deep-sea polymetallic nodules. The collaborative framework intends to utilize Aqua Metals’ low-temperature AquaRefining™ process to refine nodules containing nickel, cobalt, manganese, and rare earths to advance domestic solutions for cr ...

沪铜早间偏弱运行，午后行情略有回暖，收盘微涨0.1%。矿紧持续对铜价形成支撑，不过高价对下游 需求形成抑制，社会库存重新累积，且最近宏观氛围反复，铜价高位震荡。 由于今年铜矿事故频发且老矿山还面临铜矿品位下降等困境，市场对于铜矿端矛盾加剧的担忧一直存 在，上周嘉能可和英美资源公布前9个月铜销量下滑，矿紧忧虑持续为铜价提供下方支撑。另外，上月 底智利统计局数据显示，该国9月铜产量同比下降4.5%，至456,663吨。 对于铜价走势，金瑞期货表示，国内平衡仍小幅过剩，未来需关注海外库存是否兑现去库。展望后市， 中美谈判不及市场较为积极的预期，且美联储表态偏鹰，令铜价有所回落，但宏观驱动尚未扭转，矿紧 张背景不变，短期或保持高位震荡。 （文华综合） 11月3日国内市场电解铜现货库存20.60万吨，较27日增1.74万吨，较30日增1.38万吨。由于铜价高位震 荡运行，下游企业采购需求难有提升，整体表现相对疲弱，同时近期国产货源到货增加，库存因此表现 上升。上周铜价冲高回落，下游需求略有好转，现货升水有所回暖，不过整体回调幅度有限，价格重心 仍然高位震荡。 ...