（文章来源：证券日报） 证券日报网讯 2月27日，中金岭南在互动平台回答投资者提问时表示，公司的钨矿主要分布在广东韶关 万侯多金属矿，保有钨金属资源量1.65万吨。 ...

格隆汇2月27日丨中金岭南(000060.SZ)在投资者互动平台表示，中金岭南的钨矿主要分布在广东韶关万 侯多金属矿，保有钨金属资源量1.65万吨。 ...

Guardian Metal Resources成立于2021年。该公司是一家勘探阶段的矿业公司，专注于内华达州的钨矿及 其他矿产。其主要项目是Pilot Mountain和Tempiute钨矿资产，两者均位于历史上曾有第三方生产的矿 区。除钨矿外，公司还持有处于早期阶段的铜、金、银和锂矿勘探资产。目前的业务活动包括为支持 Pilot Mountain项目的可行性研究而进行的工程工作，以及在Tempiute项目进行的持续勘探和资源定义钻 探。 专注于钨矿、在美国内华达州拥有项目的勘探阶段矿业公司Guardian Metal Resources周四向美国证券交 易委员会(SEC)提交申请，计划通过首次公开募股(IPO)筹集至多5000万美元。该公司计划在纽约证券交 易所旗下中小板市场上市，股票代码为"GMTL"。 ...

新华财经北京2月26日电四大证券报内容精华摘要如下： 中国证券报 ·有色和化工板块联袂大涨春季行情主线渐明 2月25日，A股市场震荡上行，主要股指全线收涨。有色金属与化工板块联袂大涨，成为当日市场最亮 眼的"双子星"。与此同时，市场交投热度提升，成交额较前一个交易日明显增加，个股涨多跌少。分析 人士认为，随着政策预期升温、流动性环境宽松、产业趋势催化三大支撑因素共同发力，春季攻势有望 延续。在配置方面，"资源品+科技"双主线已成为多家机构的共识。 ·公募积极布局港股科技与周期品种仍是投资主线 港股市场春节假期之后持续波动，部分板块表现分化。公募基金在市场调整之际布局港股，把握后市机 会。多家基金机构仍然对港股投资持相对积极的看法，看好科技与周期品种等。统计显示，截至2月24 日，今年以来份额增加前十的ETF中，有一半是投资港股市场的跨境ETF，华泰柏瑞恒生科技ETF份额 增加134.36亿份，华夏恒生科技ETF、华夏恒生互联网科技业ETF、富国中证港股通互联网ETF、易方 达恒生科技ETF份额均增加超70亿份。另外，天弘恒生科技ETF、广发中证港股通非银行金融主题ETF 份额增加也居前，今年以来份额均增加超5 ...

本报记者 曹琦 一方面，在供给端，国内对钨矿实施开采总量控制，2026年开采指标延续偏紧格局，叠加环保与安全生产监管强化，中小 矿山产能退出，行业有效供给持续收缩。春节前后矿山开工率偏低，市场流通货源减少，进一步加剧现货紧张。 与此同时，全球钨矿资源品位下降、开采成本上升，海外新增产能释放缓慢，难以缓解全球供需缺口，为钨价高位运行提 供了支撑。 另一方面，在需求端，随着高端制造、新能源汽车及军工领域需求稳步复苏，硬质合金、切削工具企业开工率提升，下游 备货积极性高涨。其中，光伏钨丝、军工、半导体三大新兴领域需求爆发式增长，成为拉动钨需求的核心引擎。 "有机构预计，2026年光伏钨丝渗透率预计突破80%，仅光伏领域新增钨需求就占全球总需求的5%以上；半导体领域中， 3nm及以下先进制程芯片对高纯钨的需求激增，进一步放大供需矛盾。"福建华策品牌定位咨询创始人詹军豪向记者表示。 行业加速转型 2026年开年以来，钨矿市场迎来强势上涨行情，核心品种价格接连刷新历史纪录，成为有色金属板块表现最突出的品种之 2月24日，有头部企业在官微公布2026年2月下半月长单采购报价：55%黑钨精矿报价73万元/标吨；55%白钨精矿 ...

Core Viewpoint - Dongwu Securities report highlights that Zhongtung High-tech is a global leader in tungsten products, with its drilling needle business poised to benefit from new opportunities in AI computing power construction [1] Group 1: Company Overview - Zhongtung High-tech is the only core platform for tungsten industry under China Minmetals Corporation, establishing an integrated closed loop of "resources - smelting - deep processing - tool application" through continuous capital operations [1] - The company has a dominant position in the global tungsten market and is expected to benefit from rising tungsten prices due to its rich mineral resource reserves [1] Group 2: Business Prospects - The company holds a leading technological advantage in the high aspect ratio PCB drilling needle sector, which is anticipated to gradually translate into performance growth [1] - Projected net profits attributable to the parent company for 2025, 2026, and 2027 are estimated to be 1.34 billion, 1.90 billion, and 2.35 billion yuan respectively [1] Group 3: Valuation - The current stock price corresponds to dynamic price-to-earnings ratios of 94, 66, and 54 times for the years 2025, 2026, and 2027 respectively [1] - The report initiates coverage with a "buy" rating for the company [1]

Group 1 - The core focus of the article is the strategic competition between the US and Japan to secure critical mineral resources, driven by concerns over China's dominance in this sector [1][3][15] - The US has initiated a "Treasury Plan" with a budget of $12 billion to stockpile essential minerals, aiming to reduce reliance on foreign sources, particularly China [1][3] - Japan is actively exploring seabed resources, specifically rare earth elements, with the "Chikyū" deep-sea vessel successfully extracting mineral-rich sediment from the Minami-Tori-shima area [5][7] Group 2 - In 2025, the US Department of Defense and the Department of Energy plan to invest several billion dollars in domestic rare earth producers to enhance mineral security [3][5] - A cooperation agreement was signed between Japan and the US, with Japan committing to invest $550 billion in various sectors, including nuclear energy, AI, and critical minerals [5][11] - The competition for critical minerals is not limited to the US and Japan; African nations like the Democratic Republic of the Congo are implementing export quota policies, affecting global cobalt prices and supply chains [9][11] Group 3 - Despite the significant investments, experts warn that the high costs and technical challenges of deep-sea mining could delay commercial viability for at least a decade [9][15] - China currently controls approximately 70% of global rare earth production and 90% of processing, creating substantial barriers for other nations attempting to compete [13][15] - The article highlights the increasing assertiveness of resource-rich countries in Africa, which are becoming less willing to allow resources to flow to any single nation [15]

Core Viewpoint - Xiamen Tungsten Co., Ltd. intends to acquire a 39% stake in Jiujiang Dadi Mining Development Co., Ltd. to secure upstream tungsten raw material supply and increase self-sufficiency in tungsten resources [2][4][18] Transaction Overview - The company signed a Letter of Intent for the transfer of shares with Beijing Shangdaxin Investment Co., Ltd., agreeing to pay an intention fee of 28 million yuan [2][4] - The acquisition is still in the planning stage, and the final transaction details, including the specific acquisition ratio and price, will depend on due diligence and negotiations [3][4] - The transaction is expected not to constitute a major asset restructuring as defined by relevant regulations [4][5] Counterparty Information - The transferor, Beijing Shangdaxin Investment Co., Ltd., is a limited liability company with a registered capital of 30 million yuan and is not related to the company [7] Target Company Information - Jiujiang Dadi Mining Development Co., Ltd. is a limited liability company with a registered capital of 120 million yuan, currently in the exploration stage with no operational revenue [8][9] - The company holds mining rights for the Yangshidian copper-molybdenum polymetallic mine and has a subsidiary, Xiushui Kunshan Tungsten Mine Co., Ltd. [9][10] Purpose and Impact of Acquisition - The acquisition aims to enhance the company's mineral resource reserves, improve raw material self-sufficiency, reduce procurement risks, and support stable production operations [18]

佳鑫国际资源(03858)逆市涨超9%，截至发稿，涨6.57%，报79.5港元，成交额1.15亿港元。 公开资料显示，佳鑫国际资源是一家总部位于哈萨克斯坦的钨矿开发企业，核心资产为巴库塔钨矿项 目。第一上海认为，公司正处在一个关键的价值释放拐点，且坐拥世界级核心资产，资源禀赋奠定长期 增长基石。公司是市场上稀缺的纯钨矿标的，当前股价具备极高的安全边际和吸引力。 消息面上，2月4日，长江综合钨粉均价报1,545,000元/吨，较上一交易日大幅上涨25,000元，再创近期 价格新高。江海证券发布研报称，在资源禀赋趋紧、开发周期拉长、资本投入不足等多重因素叠加下， 钨的供应端刚性约束正不断强化，为中长期价格中枢上移奠定了坚实基础。 ...

智通财经APP获悉，佳鑫国际资源(03858)逆市涨超9%，截至发稿，涨6.57%，报79.5港元，成交额1.15 亿港元。 公开资料显示，佳鑫国际资源是一家总部位于哈萨克斯坦的钨矿开发企业，核心资产为巴库塔钨矿项 目。第一上海认为，公司正处在一个关键的价值释放拐点，且坐拥世界级核心资产，资源禀赋奠定长期 增长基石。公司是市场上稀缺的纯钨矿标的，当前股价具备极高的安全边际和吸引力。 消息面上，2月4日，长江综合钨粉均价报1,545,000元/吨，较上一交易日大幅上涨25,000元，再创近期 价格新高。江海证券发布研报称，在资源禀赋趋紧、开发周期拉长、资本投入不足等多重因素叠加下， 钨的供应端刚性约束正不断强化，为中长期价格中枢上移奠定了坚实基础。 ...