Penghua Guozheng Non-ferrous Metal Industry ETF

Ganfeng Lithium Secures Orders Through H1 2027, Capacity Fully Booked, Plans 50% Output Increase Next Year

BlackRock Reduces Stake in Shandong Gold from 6.39% to 5.46%

Citi Maintains Buy Rating on CMOC with HK$29.3 Target; Copper Output Unaffected by Sulfur Price Hike

CITIC Asset Management Reduces China Aluminum Stake by 12.63 Million Shares on May 15, Raising About 134 Million HKD

Baillie Gifford sells 2.6 million shares of Ganfeng Lithium for approx 201 million HKD

Zijin Longxing Delivers First Batch of Electric Dump Trucks to Julong Copper Mine, Achieving Commercialization

China's April Rare Earth Exports Up 35.1%, Alumina Exports Surge 96.6%

HSBC Maintains Buy Rating on CMOC, Sets Target Price at 25.30 HKD

Schroders increases stake in Shandong Gold by 2.6 million shares to 5.03%

UBS Group AG Increases Stake in Tianqi Lithium by 110,000 Shares to 8.02%

Zijin Mining to Hold Annual General Meeting on June 5, Proposes Dividend of 3.8 CNY per 10 Shares

HSBC Research Releases H-Share Copper Report: Zijin, CITIC, and Meiliyun Get Buy Ratings

Morgan Stanley Increased Holding in Tianqi Lithium by Approx. HK$21.41 Million on May 11

Tianqi Lithium Issues 1.43 Million New H Shares for Convertible Bond Conversion

Baillie Gifford Reduces Holding in Ganfeng Lithium by 2.4971 million Shares

UBS Increases Short Position in Tianqi Lithium H Shares

Zijin Mining Reports Significant Q1 2026 Growth

JPMorgan Cuts Stake in CMOC by 2.139 Million Shares

Morgan Stanley Increases Holdings in Tianqi Lithium

REMX

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China dominates the supply of key minerals and fiber, creating dependencies in the AI supply chain. U.S. firms are exploring deep-sea mining in the Cook Islands for cobalt, nickel, and rare earths. The demand for fiber in AI data centers is causing shortages and price increases, leading to long-term supplier agreements.

VanEck Rare Earth/Strategic Metals ETF

Guotai CSI Non-ferrous Metal ETF

ISHRS MSCI Glb Slct Met & Mining

GF CSI Rare Metals Theme ETF

Yinhua CSI Non-ferrous Metal ETF

Hwabao WP CSI Non-ferrous Metal ETF

SPDR S&P Mtls & Mng

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

Invesco DB TR Base Metals ETF

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

China Southern CSI SWS Non-Ferrous Metal ETF

China's mineral and fiber dominance fuels AI supply concerns

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The global underground mining market is projected to grow from $23.1 billion in 2023 to $28.5 billion by 2033, with a CAGR of 2.1%. This growth is driven by rising demand for metals and minerals due to industrialization and the shift towards electrification, particularly for electric vehicles and renewable energy. Key opportunities include the supply of battery-grade materials and advancements in automation and digitalization. However, challenges such as safety concerns and the transition to renewable energy sources pose risks to coal-based operations.

prnewswire

ZHONGJIN GOLD

Kinross Gold

Agnico Eagle Mines

Newmont

SD-GOLD

Zijin Mining

Us Gbl GLD & Met

Sprott GLD Miners Etf

Hua Xia CSI New Energy Vehicles ETF

VanEck Gold Miners ETF

Global X Silver Miner

VanEck Junior Gold Miners ETF

iShares Lithium Miners and Producers ETF

Sprott JR Gold Miners ETF

Amplify Lithium & Battery Tech ETF

Themes Lithium & Battery Metal Mnrs ETF

SPDR Gold Minishares

Microsectors Gold Miners 3x Leveraged ETN

iShares Energy Storage & Materials ETF

EFUND GOLD MI-U

SPDR Gold Shares

Direxion Daily Gold Miners Bull 2X

ChinaAMC Gold ETF

Proshares S&P Global Core Battery Metals ETF

Roundhill Gold Miners Weeklypay ETF

EFUND GOLD MI-R

EFUND GOLD MI ETF

GLOBAL X Gold Explorers

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

Sprott Active Metals & Miners ETF

Pro Ultr GLD

First Trust S-Network Future Vehicles & Tech ETF

Sprott Lithium Miners ETF

Direxion Daily Jr Gold Miners Bull 2X

iShares MSCI Global Gold Miners

Global X Lithium & Battery Tech

13:35 ETThe global underground mining market, which is slated to reach $28.5 billion by 2033, growing at a CAGR of 2.1% | Allied Market Research

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TECK

Copper has been climbing from its March lows and is now up 13% year to date, with London prices breaking above $14,000 per ton on Tuesday.This move appears to be driven by several factors: recovering Chinese demand, tightening inventories, sulfur shortages in the Middle East that threaten parts of the supply chain, and renewed interest in the AI infrastructure trade, where copper is increasingly seen as essential for electrification, grid expansion, and data center buildouts.

ZeroHedge

Hudbay Minerals

ERO Copper

JCCL

Teck Resources B

Freeport Mcmoran

Southern Copper

Sprott Copper Miners ETF

Global X Copper Miners

iShares Copper and Metals Mining ETF

United States Copper Index

Sprott Junior Copper Miners ETF

JPMorgan Chase

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

What's Fueling Copper Above $14,000? JPM Breaks It Down

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Citi has adjusted its commodity preference ranking, placing copper at the top due to its lagging prices and easing Middle East tensions. The bank's report highlights a strong performance in lithium stocks, while aluminum has underperformed. Overall, mining stocks are expected to align with commodity price trends despite current underperformance. Citi's new top picks include CATL, MMG, CMOC, CHALCO, GANFENGLITHIUM, and HUNAN YUNENG, with varying short selling ratios and price changes.

AASTOCKS News

CATL

GANFENGLITHIUM

Yuneng New Energy

Ganfeng Lithium

CMOC

CHALCO

CATL HK SDR 30to1

Citi Adjusts Commodity Preference Ranking, Tops Copper; New Top Picks Include CATL , MMG , CMOC , CHALCO , GANFENGLITHIUM

The Toronto Stock Exchange rose nearly 190 points, led by gains in Base Metals and Energy sectors. However, Canada's job market showed weakness, losing 17.7K jobs in April, raising the unemployment rate to 6.9%. Wage growth accelerated by 3.4%, but the labor market remains soft. Analysts expect the Bank of Canada to maintain interest rates amid trade uncertainties and rising energy costs, with the unemployment rate likely to stay stable throughout the year.

Fidelity

iShares S&P GSCI Dynamic Roll Industrial Metals Swap ETF USD

iShares S&P 500 Energy Sector UCITS ETF

Canadian Imperial Bank Comm

TSX Up Near 190 Points at Midday With Most Sectors Higher, Led By Base Metals and Energy

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Yesterday, China Nonferrous Mining's stock price surged by 4.46%, with a trading volume reaching HKD 260 million, clearly indicating a pattern of rising volume and price. The MACD daily bullish signal has strengthened, and short-term momentum indicators are diverging upwards, which is typically interpreted by the market as a precursor to the initiation of a phase of main upward trend. On the market, the stock opened high and maintained a strong performance throughout the day, with no significant profit-taking observed at the close, highlighting the characteristics of bullish control. On the news front, the recent continuous rise in copper prices has become the biggest driving force. Zijin Mining rose by 2.31% yesterday, MMG surged by 7.32%, and CMOC increased by 2.61%, with the non-ferrous metal sector showing strong performance across the board, creating a powerful linkage effect. Although the news of the U.S. and Iran nearing a ceasefire memorandum has temporarily suppressed oil prices, industrial metals like copper benefit more from the global manufacturing recovery expectations and the long-term demand growth brought about by the energy transition. At the same time, China's steady growth policies continue to be reinforced, with infrastructure and power grid investments providing rigid support for copper demand. Resource stocks are being favored by funds outside of technology-focused stock selection funds during the ceasefire market. On the technical side, the current 5-day moving average is accelerating upwards, forming a bullish arrangement diverging upwards from the 10-day moving average, with the stock price effectively breaking through the recent consolidation platform. Trading volume has expanded to more than 1.5 times the average trading volume of the past 5 days, indicating a stronger influx of funds than typical rebounds. Within the sector, MMG and Zijin Mining are both strengthening simultaneously, forming a collective breakthrough in the copper mining sector. The short-term trend is biased towards bullish, with good alignment of volume and price, and clear sector resonance

Technical Forecast

CHINFMINING

ZIJIN MINING

Pre-market trend | CHINFMINING (1258.HK) surged over 4% on May 7, are resource stocks back in action?

EART

Western Nations Accelerate $12B Critical Mineral Initiatives as Global Export Restrictions Reach Record Highs | NB Stock News

StockTitan

Global X Rare Earth & Critical MatrlsETF

Sprott Energy Transition Materials ETF

Western Nations Accelerate $12B Critical Mineral Initiatives as Global Export Restrictions Reach Record Highs | NB Stock News

ANTO

Matthew Chamberlain, CEO of the London Metal Exchange, stated that the concept of a global price for commodities is gaining traction among markets. He noted that traders are increasingly inclined to bypass the complexities of individual countries' tariff policies, leading to a solidified value in trading on the LME due to fragmentation in commodity trade.

Antofagasta plc

Rio Tinto Limited

Rio Tinto plc

Yunnan Aluminium

BHP Group Plc

Alcoa

 BHP Group Ltd

Rio Tinto

Century Aluminum

YeChiu Resources

Gold.com

ETFS Capital Ltd.

Van Eck Associates Corp.

iShares Gold Trust

VanEck Vectors Junior Gold Miners UCITS ETF

VanEck Vectors Gold Miners UCITS ETF

LME CEO: Commodity fragmentation has solidified global prices

The AI boom is threatened by potential disruptions in sulfuric acid supplies due to instability around the Strait of Hormuz, according to Oskar Lewnowski, CEO of Orion Resource Partners. This could impact critical mineral production and company earnings by Q4. Mining companies reliant on imported sulfuric acid are particularly vulnerable, highlighting a paradox where advanced technology industries depend on traditional mining. The backlog of mining projects exceeds $800 billion, and Western nations lag behind China in securing critical mineral supply chains.

AI boom at risk from Hormuz disruption, Lewnowski says—CNBC interview

Element 29 Resources Inc. has appointed Mr. Dylan Berg as Vice President of Investor Relations and Marketing, effective immediately. With over 14 years of experience in capital markets, Mr. Berg will enhance the company's investor outreach and visibility, particularly as it advances its Peruvian copper portfolio. His compensation includes a consulting agreement of $10,000 per month for the first three months, increasing to $12,000 thereafter, along with 1,000,000 stock options at $1.35 per share. The appointment is subject to TSX Venture Exchange approval.

Coeur Mining

Element 29 Appoints Vice President, Investor Relations and Marketing | EMTRF Stock News

Penghua Guozheng Non-ferrous Metal Industry ETF(159880.SZ)

China's mineral and fiber dominance fuels AI supply concerns

13:35 ETThe global underground mining market, which is slated to reach $28.5 billion by 2033, growing at a CAGR of 2.1% | Allied Market Research

What's Fueling Copper Above $14,000? JPM Breaks It Down

Citi Adjusts Commodity Preference Ranking, Tops Copper; New Top Picks Include CATL , MMG , CMOC , CHALCO , GANFENGLITHIUM

TSX Up Near 190 Points at Midday With Most Sectors Higher, Led By Base Metals and Energy

Pre-market trend | CHINFMINING (1258.HK) surged over 4% on May 7, are resource stocks back in action?

Western Nations Accelerate $12B Critical Mineral Initiatives as Global Export Restrictions Reach Record Highs | NB Stock News

LME CEO: Commodity fragmentation has solidified global prices

AI boom at risk from Hormuz disruption, Lewnowski says—CNBC interview

Element 29 Appoints Vice President, Investor Relations and Marketing | EMTRF Stock News