Yinhua CSI Non-ferrous Metal 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%

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

Baillie Gifford Reduces Holding in Ganfeng Lithium by 2.4971 million Shares

Zijin Mining Reports Significant Q1 2026 Growth

JPMorgan Cuts Stake in CMOC by 2.139 Million Shares

CHINALCO Authorizes Repurchase of Up to 10% of A Shares and H Shares

UBS Raises Lithium Price Forecast by 18% for 2026

Ganfeng Lithium Achieves Full Production, Chinese Enterprises Succeed in Global Lithium Resource Industry

Huayou Cobalt plans to acquire Atlantic Lithium Limited for $210 million

Shandong Gold's Performance Growth and Project Promotion for Future Growth

REMX

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PICK

159871

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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

Penghua Guozheng Non-ferrous Metal Industry 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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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

Coppernico Metals (OTCMKTS:CPPMF) shares rose 1.3% to $0.3302, with a market cap of $70.79 million and a P/E ratio of 3.67. Trading volume was down 66% from the average. The company focuses on mining and exploring copper, gold, and silver in Canada, holding a 75% interest in the Copper Mountain mine. Analysts currently rate the stock as a Hold, but it is not among the top recommended stocks for investment.

Market Beat

Copper Mountain Mining Corporation Shs Chess Deposit Interests Repr 1 Sh

Coppernico Metals (OTCMKTS:CPPMF) Trading 1.3% Higher   - Should You Buy?

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?

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The Toronto Stock Exchange closed lower, with the S&P/TSX Composite Index down 125.2 points to 33,856.62, driven by declines in the Base Metals and Energy sectors. Rosenberg Research highlighted that Canadian banks are benefiting from global interest in commodity-based economies, despite high valuations. Meanwhile, WTI crude oil fell for the third consecutive session, settling at $94.81 per barrel, while gold prices rose to $4,714.00 per ounce amid optimism over potential peace talks between the U.S. and Iran.

Occidental Petroleum

HSPC

BP p.l.c.

Abrdn Precious Metals Basket ETF Trust

F SAMSUNG OIL

YieldMax Gold Miners Opt Inc Strgy ETF

iShares US Oil Equip & Svcs

VG Energy

Pro Ultr Bloomberg Crude Oil

Abrdn Gold ETF Trust

Invesco Db Precious Metals ETF

VanEck Oil Services ETF

ISHRS S&P Glb Engy

Us Brent Oil

TSX Closer: A Lower Close Amid Uncertainty Over Peace Talks; Rosenberg Research On Canadian Banks

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

Asian Battery Metals has reported visible sulphide mineralisation in its first drill hole at the Red Hill copper-gold project in Mongolia. The hole intersected 18.8m of massive sulphide, including pyrite and chalcopyrite, and confirmed a priority electromagnetic conductor. Assays are pending to quantify copper and gold grades. The company, which is currently pre-revenue, reported a net loss of AUD 2.397m for 2025 and faces ongoing funding risks. The exploration outcomes are uncertain, and investor sentiment is sensitive to commodity price fluctuations.

Small Caps

 BHP Group Ltd

BHP Group Plc

ETFS Capital Ltd.

Van Eck Associates Corp.

VanEck Vectors Junior Gold Miners UCITS ETF

VanEck Vectors Gold Miners UCITS ETF

Asian Battery Metals Hits Visible Sulphide Mineralisation in Maiden Drilling at Red Hill

Yinhua CSI Non-ferrous Metal ETF(159871.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

Coppernico Metals (OTCMKTS:CPPMF) Trading 1.3% Higher - Should You Buy?