Lates News

The research report of CITIC Securities pointed out that on May 9, the National Export Control Coordination Office organized a on-site meeting of the special action on cracking down on the smuggling and export of strategic minerals, with the Ministry of Commerce and other departments in attendance. The meeting emphasized that strengthening the export control of strategic mineral resources is crucial to national security and development interests, and cracking down on the smuggling of strategic minerals has become an urgent and important task at present. We believe that strategic minerals have strong strategic attributes in the current international political context, and intensifying the crackdown on smuggling exports will also strengthen the supply of strategic metals such as rare earths, tungsten, and antimony, leading to continuous price increases. The strategic metals sector may see a revaluation of value, and we continue to recommend the allocation value of the strategic metal industry chain.