$JIAXIN INTL RES(03858.HK) rose by seven to eight percent, $Almonty Industries(ALM.US) rose by five to six percent, and $CMOC(03993.HK) saw a slight increase. Tungsten, molybdenum, and copper, these minor metals are moving together.
China's export controls on rare earths and critical minerals continue to tighten, providing valuation justification for overseas alternative capacity targets. $Almonty Industries(ALM.US) has just touched back the 200-day moving average, with the long-term moving average being reclaimed for the first time; this is more noteworthy than the price gain itself 😸
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