Hong Kong Non-ferrous Metals Sector Strengthens as Ganfeng Lithium Rises Over 5%, Eight Departments Issue Document to Promote Stable Growth in Non-ferrous Metals Industry

Deep News
Sep 29

The Hong Kong non-ferrous metals sector performed strongly, with Ganfeng Lithium rising over 5%, Tianqi Lithium gaining over 4%, Luoyang Molybdenum and Zijin Mining climbing over 3%, and Zhaojin Mining and Aluminum Corp of China advancing over 2%.

The Ministry of Industry and Information Technology and seven other departments jointly issued the "Work Plan for Stable Growth in Non-ferrous Metal Industry (2025-2026)". The plan states that from 2025 to 2026, the non-ferrous metals industry's value-added is expected to grow at an average annual rate of around 5%, with economic benefits maintaining a positive trend. The production of ten major non-ferrous metals is projected to increase at an average annual rate of around 1.5%. Positive progress is expected in domestic resource development for copper, aluminum, lithium and other metals, with recycled metal production surpassing 20 million tons. The supply capacity for high-end products will continue to strengthen, while green, low-carbon and digital development levels will steadily improve.

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