Copper and lithium have taken two different directions: $ZIJIN MINING(02899.HK) and $Southern Copper(SCCO.US) both saw slight gains, as supply disruptions in Latin America pushed copper prices up another notch; $GANFENGLITHIUM(01772.HK) and $TIANQI LITHIUM(09696.HK) both fell by four to five percent, with the oversupply story for lithium carbonate yet to be fully told.
$MP Materials(MP.US) rose slightly, while rare earths remained lukewarm. Both are resource stocks, but the logic for copper is a supply gap, whereas for lithium it is capacity clearance—one is rising in price while the other is bottoming out. Those holding lithium mine positions should continue to endure😔
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