What are the leading stocks in the cobalt industry?

The leading cobalt industry stock has industry-leading technology and resource advantages. Benefiting from the rapid development of the new energy vehicle market, the company's performance continues to grow. At the same time, the company is actively deploying in the new energy field and has huge potential for future development. Below, the editor will bring you some of the leading stocks in the cobalt industry. Let’s take a look together. I hope it can bring reference.

What are the leading cobalt stocks?

The leading cobalt stocks include Hanrui Cobalt, Huayou Cobalt, GEM, China Molybdenum, Hailiang, MCC, and Peng Xin Resources, etc.

1. Huayou Company: Net profit in the first three quarters of this year was 11.17 million yuan, achieving profitability. The company also said it expects to post positive net profits for the full year, helped by increased production and sales of cobalt products and a recovery in product prices. Huayou Cobalt is one of the largest cobalt producers in China. The company relies on its resource advantages to actively expand downstream business in the industrial chain; Jinling Mining: The main raw material for lithium-cobalt batteries used by Tesla is cobalt. The listed company producing cobalt in these two cities is Jinling Mining, often referred to as Jinling Cobalt by industry insiders. In 2011, the output of cobalt fine powder metal was 60.13 tons, and the sales volume of cobalt was 55.31 tons. In the first half of 2012, the output of cobalt powder was 30.12 tons, and the sales volume was 22.23 tons.

2. Cobalt is a silver-white ferromagnetic metal that has recently risen 70% and is the best performer among commodities. This is because the stock is the main raw material for electric vehicle batteries and many well-known cars The company is investing in electric vehicles, and experts predict that the value of electric vehicles will reach US$244 billion by 2025. There are currently 11 listed companies with cobalt concepts, 5 of which are listed on the Shanghai Stock Exchange and 6 on the Shenzhen Stock Exchange. Listed on the market, China Molybdenum Co., Ltd. is a mining company with large cobalt resources in China and is known as the "Cobalt King" of China's mining industry. It acquired Tenke, a world-class copper and cobalt mine. Huayou Company: Huayou Cobalt was established in 2002. It is a high-tech enterprise focusing on the smelting of cobalt and copper non-ferrous metals and the deep processing of new cobalt materials. The company is mainly engaged in new cobalt material products and deep processing of cobalt.

3. Hanrui Cobalt was established in 1997 and is mainly engaged in the research and development, production and sales of cobalt powder and other cobalt products; the company is the largest domestic enterprise that uses waste resources to recycle ultra-fine cobalt and nickel powder. The world's leading enterprise that uses waste cobalt and nickel resources to produce ultra-fine cobalt and nickel powder materials, and is one of China's cobalt and nickel powder materials and recycling technology industrial bases; Hailiang Co., Ltd. and MWANA Co., Ltd. have discussed the development of copper and cobalt mines in the Democratic Republic of the Congo The project signed a cooperative development agreement to jointly explore copper and cobalt deposits; MCC is a world-renowned metallurgical construction contractor and metallurgical enterprise operation service provider, and has a large amount of cobalt resources.

Leading stocks of cobalt listed companies

Leading cobalt metal stocks

1. Zijin Mining (601899): The company’s main business is the exploration and development of mineral resources. It is China's top mineral resources development enterprise. As of July 27, 2021, the total market value was 289.867 billion yuan;

2. Huayou Cobalt (603799): The company is mainly engaged in the research and development and production of lithium batteries and cobalt products. It is a domestic company focusing on cobalt. A high-tech enterprise in materials processing. As of July 27, 2021, the total market value was 171.226 billion yuan;

3. Lengrui Cobalt Industry (300618): The company is mainly engaged in the research and development, production and sales of cobalt products. As of July 27, 2021, the total market value was 28.677 billion yuan.

The top ten leading concept stocks in the cobalt industry

The top ten leading concept stocks in the cobalt industry are: Hanrui Cobalt (603799); Luoyang Molybdenum (603993); Huayou Cobalt (603799) 300618); GEM (002340); Hailiang Holdings (002203); MCC (601618); Pengxin Resources (600490); Hezong Technology (300477); Rongbai Technology (688005); Xingye Mining (000426). In addition, there are many cobalt industry concept stocks. Cobalt is a silver-white ferromagnetic metal. It is an important raw material for the production of heat-resistant alloys, anti-corrosion alloys, cemented carbide, magnetic alloys and various cobalt salts.

Cobalt industry leading concept stocks

1. Hanrui Cobalt (603799): It is the leading cobalt industry. The company has been inspecting and expanding its business in Africa since 2003. After years of unremitting efforts, the company's subsidiary CDM in Congo has established a comprehensive range of raw material supply, cobalt and copper hydrometallurgy, and pyrometallurgical smelting in the main mining areas of Congo. As well as the cobalt and copper resource development system for mineral processing, the self-sufficiency ratio of cobalt ore raw materials even reached 70% in 2015, effectively ensuring the supply of raw materials for domestic manufacturing bases. Its stock code is 603799.

2. China Molybdenum (603993): It is the leader in cobalt. In the announcement on May 15, 2016, the company planned to acquire 56% of TFM's equity through the acquisition of assets of US$2.65 billion, thus achieving control of TFM. The Tenke Fungurume mining area owned by TFM is one of the largest and highest-grade copper and cobalt minerals in the world. It is also the largest foreign-invested project in the Democratic Republic of the Congo. Its stock code is 603993.

3. Huayou Cobalt (300618): It is the leader in cobalt.

The company is mainly engaged in the research and development, production and sales of metallic cobalt powder and other cobalt products. It has strong independent research and development and innovation capabilities, and also has its own international brand. Its stock code is 300618.

4. GEM (002340): GEM is the largest enterprise in China that uses waste resources to recycle ultra-fine cobalt-nickel powder. It is also one of the industrial bases for cobalt-nickel powder materials and recycling technology in China. one. Its stock code is 002340.

5. Hailiang Shares (002203): Hailiang Shares and MWANA Company have signed a cooperative development agreement on the copper and cobalt mine project in the Democratic Republic of the Congo to cooperate in the exploration of copper and cobalt mines. Its stock code is 002203.

Leading stocks of listed leading companies that produce cobalt

1. Huayou Cobalt: Cobalt leader. There is a Huayou Research Institute, which is mainly engaged in research on new product development and advanced manufacturing technology of cobalt-based lithium battery cathode material precursors and multi-component cathode materials, as well as research on innovative processes and green manufacturing technologies for beneficiation and smelting of Congolese copper oxide cobalt ore. It has established It has established a scientific research platform for the development, evaluation and application of battery cathode material precursors that can participate in international competition.

2. China Molybdenum: Cobalt leader. It was announced on May 15, 2016 that the company planned to acquire 56% of TFM's equity through the acquisition of assets of US$2.65 billion to achieve control of TFM. The Tenke Fungurume mining area owned by TFM is one of the largest and highest-grade copper and cobalt minerals in the world. It is also the largest foreign investment project in the Democratic Republic of the Congo.

3. Hanrui Cobalt Industry: Cobalt leader. The company is mainly engaged in the research and development, production and sales of metallic cobalt powder and other cobalt products. It is a high-tech enterprise with independent research and development and innovation capabilities.

Top Ten Leading Concept Stocks in the Cobalt Industry

Huayou Cobalt 603799, GEM 002340, Hanrui Cobalt 300618, Ganfeng Lithium 002460, Yiwei Lithium Energy 300014, Luoyang Molybdenum Industry 603993, Hailiang Co., Ltd. 002203, MCC 601618, Pengxin Resources 600490, and Hezong Technology 300477.

There are two types of leaders

1. Refers to the performance and scale of the company. For example, ICBC, Vanke, and Life Insurance are all leaders in their respective fields, but this will not bring you success. Come to more profits.

2. Refers to leading concept stocks that are favored by funds in the secondary market. For example, Luoton Development and Luoniushan are both unprofitable companies, but they have major operations in the secondary market, so their performance is comparable. It's so strong that Hainan stocks want to see what these two look like. This is the leader of conceptual hype.