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Top Ten Cobalt Industry Leading Concept Stocks
The top ten concept stocks of cobalt industry are: Han Rui Cobalt Industry (603799); Luoyang Molybdenum Industry (603993); Huayou Cobalt Industry (300618); Meg (002340); Liang Hai shares (002203); China MCC (601618); Pengxin Resources (600490); Zonghe Technology (300477); Bai Rong Science and Technology (688005); Xingye Mining (000426). In addition, there are many cobalt industry concept stocks. Cobalt is a silvery white ferromagnetic metal, which is an important raw material for producing heat-resistant alloys, corrosion-resistant alloys, cemented carbides, magnetic alloys and various cobalt salts.

Leading concept stocks in cobalt industry

1, Han Rui Cobalt Industry (603799): It is a cobalt faucet. Since 2003, the company began to investigate and expand its business in Africa. After years of unremitting efforts, CDM, a subsidiary of Congo company, has established a system to develop cobalt and copper resources in the main mining areas of Congo from raw material supply, hydrometallurgy, pyrometallurgy and mineral processing of cobalt and copper. In 20 15 years, the self-sufficiency rate of cobalt ore raw materials even reached 70%, effectively ensuring the supply of raw materials in domestic manufacturing bases. Its stock code is 603799.

2. Luoyang Molybdenum Industry (603993): It is a cobalt faucet. 15,2016 announced in May that the company plans to acquire 56% equity of TFM by means of assets acquisition of US$ 2.65 billion, so as to control TFM. TenkeFungurume mining area owned by TFM is one of the largest copper-cobalt mines with the highest grade in the world, and it is also the largest foreign investment project in Congo (DRC). Its stock code is 603993.

3. Huayou Cobalt Industry (3006 18): It is a cobalt faucet. The company is mainly engaged in the research and development, production and sales of cobalt products such as cobalt powder, with strong independent research and development and innovation capabilities, and also has independent international brands. Its stock code is 3006 18.

4. Meg (002340): Meg is the largest enterprise in China to recycle ultrafine cobalt-nickel powder from waste resources, and it is also one of the industrial bases of cobalt-nickel powder materials and recycling technology in China. Its stock code is 002340.

5. Liang Hai Co., Ltd. (002203): Liang Hai Co., Ltd. and Mwana Co., Ltd. signed a cooperation and development agreement on the copper-cobalt mine project in the Democratic Republic of Congo to explore copper-cobalt mines. Its stock code is 002203.