Zijin Mining Alerts of Intense Competition for Critical Minerals as Stock Prices Reach All-Time High in Hong Kong

Geopolitical Challenges: Zijin Mining Group warns that increasing geopolitical competition is affecting the race for securing strategic commodity supplies, which may impact their revenue and profits.

Record Earnings: The company reported a 54% increase in first-half net income to 23.3 billion yuan ($3.3 billion), leading to a surge in its share price in Hong Kong.

Critical Minerals Importance: Critical minerals are essential for national security and industrial applications, but supply chain disruptions, such as tariffs, could lead to price volatility.

Lithium Market Dynamics: While global demand for lithium continues to rise, supply-side disruptions may lead to increased price volatility, with an oversupply clearing taking time.