2025年12月全球锌市为供应短缺4.19万吨，11月为供应短缺4.57万吨。由于产量增长不及需求增速， 2025年全球锌市为供应短缺3.3万吨，2024年为供应短缺6.9万吨。 ILZSG称，2025年全球精炼锌产量增长了2.1%，得益于中国的产量增长6.1%，而中国以外地区的产量下 降了1.6%。巴西、哈萨克斯坦、墨西哥和日本的产量有所下降，Toho Zinc公司旗下的Annaka冶炼厂关 闭以及韩国的Seokpo工厂暂时停产。 2025年全球矿山锌产量增长了5.4%，这得益于澳大利亚、中国、印度、伊朗、秘鲁、南非和刚果民主 共和国等地区的产量增加，其中Kipushi矿于2024年中期开始运营。 SHMET 网讯：2月24日（周二），国际铅锌研究小组(ILZSG)公布的最新月度报告。 在欧洲，矿山锌产量上升，原因是爱尔兰的Tara矿重新开工，以及俄罗斯、波斯尼亚和黑塞哥维那产量 增加，抵消了巴西、厄立特里亚、哈萨克斯坦和美国的下降。据ILZSG的数据，中国锌精矿的进口量增 长了29.8%，达到258万吨；而精炼锌的净进口量则减少了一半，降至21万吨。 2025年全球锌市为供应短缺3.3万吨 报告显示，20 ...

MagneticNiGradeDTRMagneticFeGradeCOMP-C0.15 %2.6 %48 %62 %4.4 %3.30 %58.4 %COMP-B0.14 %3.2 %46 %66 %4.9 %2.76 %64.2 %COMP-A0.12 %2.7 %40 %61 %4.2 %2.96 %63.5 %COMP-D0.07 %3.6 %25 %71 %6.7 %1.03 %54.5 %Table 3 summarizes the results of microprobe investigations for each of the four samples that were subjected to Davis Tube testing. The results demonstrate the high nickel tenor of heazlewoodite and awaruite minerals and the low nickel grade of serpentine. These results coupled with the Davis Tube nickel resul ...

Copper exchange inventories have climbed above 1 million tons for the first time in 21 years. Meanwhile, smelter activity has slowed, China’s demand softened, yet the price remains elevated despite pulling back from January highs.The answer lies in a lack of confidence in long-term supply. The market has entered an era of electricity intensity. Therefore, copper is no longer merely a cyclical industrial input but a foundational infrastructure for the 21st-century economy.Months Vs. DecadesElectric vehicles ...

Group 1 - The iShares Dow Jones U.S. ETF (IYY) is considered a more diversified investment vehicle compared to the iShares Core S&P 500 ETF (IVV) [1] Group 2 - Vasily Zyryanov focuses on identifying underpriced equities with strong upside potential and overappreciated companies with inflated valuations, particularly in the energy sector [2] - The analysis includes various industries such as mining, chemicals, and luxury goods, emphasizing the importance of Free Cash Flow and Return on Capital for deeper insights [2] - Zyryanov acknowledges that some growth stocks may deserve their premium valuations, highlighting the need for thorough analysis to determine the accuracy of market opinions [2]

新华财经北京2月26日电 A股三大指数2月26日早盘涨跌不一，沪指震荡微跌，深成指探底回升翻红，创 业板指走势稍弱。沪深两市半日成交额1.64万亿，较上个交易日放量1173亿。盘面上，算力硬件股逆势 走强，PCB、CPO、液冷服务器概念均表现强势，深南电路、大族激光、沪电股份、广合科技、川润股 份涨停；电力板块走强，赣能股份2连板，华银电力涨停；小金属概念表现活跃，云南锗业2连板，章源 钨业触及涨停。下跌方面，锂电池板块盘中震荡回落，鹏辉能源跌超9%；影视院线股再度下挫，博纳 影业大跌。 中信建投：近一周港股手术机器人相关公司涨幅较多，近期披露了手术机器人中标情况，均形成正面催 化，继续看好手术机器人板块前景和投资机会。A股脑机接口板块部分个股于春节前大涨，建议持续关 注AI医疗、脑机接口等主题催化相关机会。 消息面上 国新办将举行吹风会，介绍2025年国务院部门办理全国人大代表建议和全国政协提案工作有关情况 2月26日从国务院新闻办公室获悉，国务院新闻办公室将于2026年2月27日（星期五）下午3时举行国务 院政策例行吹风会，请科学技术部党组成员、秘书长潘晓东，农业农村部国家首席兽医师（官）、计划 财务司司 ...

据USGS，2025年津巴布韦锂资源产量为2.8万金属吨，约占全球锂资源产量的10%。津巴布韦锂原矿及 锂精矿的出口目的地基本为中国。根据中国海关总署，2025年中国锂矿进口总量为775万吨(折79万吨 LCE)，从津巴布韦进口锂矿120万吨(折15万吨LCE)，占进口总量的19%。根据津巴布韦锂矿企业公告 的扩产计划，我们预计2026年津巴布韦锂矿产量为23.5万吨，约占2026年全球锂资源产量的12%。下游 需求即将进入旺季，根据SMM，中国锂盐库存仍较低，我们预计在津巴布韦锂矿出口禁令解除之前， 中国碳酸锂短期供应紧缺加剧，锂价有望大幅上涨。 据SMM及Mysteel，2月25日，津巴布韦矿业部宣布立即暂停所有原矿及锂精矿出口(含在途货物)，仅持 有采矿权证且拥有经批准的矿产品深加工产能的矿业企业，方可获得矿产出口授权。按照此规定，津巴 布韦硫酸锂出口仍不受影响。津巴布韦矿业部表示，此次政策旨在加强矿产监管与问责，推动矿产品深 加工发展，并将矿产价值最大程度留存于津巴布韦境内。 津巴布韦锂矿出口禁令早有端倪，后续或提高当地锂矿行业集中度 2025年6月10日，津巴布韦矿业部就已宣布从2027年1月起禁止 ...

Global Markets and Safe-Haven Demand - Gold prices stabilized around $5,170 an ounce as geopolitical and trade uncertainties prompted investors to seek safe-haven assets, driven by President Trump's proposal to raise global tariffs to 15% following a Supreme Court ruling limiting his trade powers [2][3] - The U.S. Dollar Index declined, further supporting gold prices, while fresh U.S. sanctions on Iran and military buildups in the Middle East added to market volatility, establishing a strong floor for precious metals [3] Major Corporate M&A: Engie's UK Expansion - Engie (ENGI) announced the acquisition of UK Power Networks for an equity value of £10.5 billion, with an enterprise value of approximately £15.8 billion, marking a strategic shift to enhance long-term earnings visibility [4][5] - The acquisition allows Engie to control a grid network serving 8.5 million customers in London and Southeast England, aligning with the UK's investment in power infrastructure to achieve carbon-neutrality goals [5] Asia-Pacific Market Performance - The S&P/ASX 200 in Australia reached a record high of 9,202.90 points, driven by strong performances from major miners and the "Big Four" banks, reflecting high investor confidence despite global trade tensions [6] - In Japan, the Nikkei Average futures rose 0.92%, influenced by positive global equity sentiment, while the fixed-income market faced pressure as benchmark 10-year JGB futures fell, leading to higher yields [7] Geopolitical Tensions in North Korea - North Korea conducted a large-scale military parade showcasing new AI-based strategic weapons, with leader Kim Jong Un pledging to expand the country's nuclear arsenal in response to perceived external threats [8][9] - Despite the military display, Kim expressed openness to improved relations with the U.S. if significant concessions are made regarding sanctions, although analysts remain skeptical about potential diplomatic breakthroughs [10]

Small Cap Bargains in BrazilIt has been exactly 1 year since I wrote our first bullish piece on Brazil.The thesis is working out well so far.The Brazilian ETF we like (EWZ) is up 54% over the past 12 months.And in January, Brazil got a huge endorsement from hedge fund legend Stanley Druckenmiller. Via Yahoo Finance:Billionaire investor Stanley Druckenmiller’s investment firm built a substantial position in Brazilian stocks just before a major market rally in January.Duquesne Family Office acquired approxima ...

Core Insights - Western Uranium & Vanadium Corp. will present at Red Cloud's Pre-PDAC 2026 Mining Showcase on February 27, 2026, focusing on uranium and vanadium supply amid increasing nuclear energy policies [1][3] - The company will also participate in the PDAC 2026 Convention from March 1–4, 2026, which is a significant event for mining and mineral exploration [4][5] Company Developments - Grant Glasier, Vice President of Marketing, Project Development and Government Affairs, will provide updates on strategic initiatives and project developments during the showcase [3] - Western Uranium & Vanadium Corp. is advancing its uranium and vanadium portfolio, particularly at the Sunday Mine Complex, which is located in the Uravan Mineral Belt [7] Event Details - The Red Cloud Pre-PDAC 2026 Mining Showcase will take place at the Omni King Edward Hotel on February 27, 2026 [6] - The PDAC 2026 Convention will be held at the Metro Toronto Convention Centre South Building from March 1–4, 2026 [6]

A wave of violence has erupted in Mexico following the killing of the longtime leader of the Jalisco New Generation Cartel (CJNG) on February 22.In a coordinated military raid with the support of U.S. Intelligence, Mexican forces killed Nemesio "El Mencho" Oseguera Cervantes. Within hours, cartel gunmen torched vehicles, erected roadblocks across roughly 20 states, and launched attacks on civilian and security infrastructure.The removal of a cartel boss rarely ends violence in Mexico. It often accelerates i ...