Hanrui Cobalt released its performance for the first three quarters, with a net profit attributable to shareholders of 238 million yuan, an increase of 42.57%

According to the Zhitong Finance APP, Hanrui Cobalt released its third-quarter report for 2025. The company's operating revenue for the first three quarters was 4.871 billion yuan, a year-on-year increase of 16.49%. The net profit attributable to shareholders of the listed company was 238 million yuan, a year-on-year increase of 42.57%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 176 million yuan, a year-on-year decrease of 14.93%. The basic earnings per share were 0.77 yuan

Hanrui Cobalt: The net profit for the third quarter was 111 million yuan, a year-on-year increase of 6.32%

Hanrui Cobalt announced that its revenue for the third quarter was 1.703 billion yuan, an increase of 4.99% year-on-year; net profit was 111 million yuan, an increase of 6.32% year-on-year. Revenue for the first three quarters was 4.871 billion yuan, an increase of 16.49% year-on-year; net profit was 238 million yuan, an increase of 42.57% year-on-year

The energy metals sector fluctuated and rose sharply, with Huayou Cobalt hitting the daily limit, followed by gains in Ganfeng Lithium, Shengxin Lithium Energy, Hanrui Cobalt, Tianhua Xinneng, Tianqi Lithium, and YOUNGY

Tianfeng Securities: The implementation of the quota policy in the Democratic Republic of the Congo solidifies the long-term logic of cobalt

Tianfeng Securities released a research report indicating that the cobalt export policy recently issued by the Regulatory and Management Bureau of Strategic Minerals in the Democratic Republic of the Congo will affect market expectations and inventory destocking. The quota amount is 96,600 tons, and after deducting the strategic quota of 9,600 tons, the actual basic quota available for ordinary exports is 87,000 tons, which may lead to a tight balance or shortage in supply and demand in the medium to long term. The policy includes extending the export suspension period until October 15, 2025, and implementing a quota system starting October 16, which is expected to raise the cobalt price center

Major producers of cobalt intermediates suspend quotations; domestic cobalt raw material inventory expected to last until the end of the year; some manufacturers have halted production

As the export ban on cobalt from Congo approaches, most cobalt intermediate producers have suspended quotes, with some halting production due to raw material shortages. If the ban is extended, cobalt prices may rise significantly in the short term. CMOC plans to properly release resources according to policy, while Hanrui Cobalt is controlling orders to manage the sales pace. Currently, domestic producers' cobalt raw material inventory is expected to last until the end of the year