HK Stock Market Move | Jl Mag Rare-Earth (06680) rises by over 5%, the supply and demand outlook for rare earth metals is expected to continue to improve. Institutions continue to be optimistic about strategic metal investment opportunities.

Jl Mag Rare-Earth (06680) rose more than 5%, as of the time of writing, it has increased by 5.18%, reaching 10.36 Hong Kong dollars, with a turnover of 40.5884 million Hong Kong dollars. On the news front, the Ministry of Commerce, in conjunction with the General Administration of Customs, issued a notice on the implementation of export controls on tungsten and other related items, implementing export controls on 25 rare metal products including ammonium paratungstate and their technologies. China Securities Co., Ltd. stated that in recent years, the prices of strategic minor metals such as antimony, germanium, tungsten, molybdenum, and indium have seen significant increases due to the increasing scarcity of resources on the supply side and the industry benefiting from significant changes in demand. It continues to view strategic metal investment opportunities positively. Guolian Minsheng Securities pointed out that rare earth elements, as important elements of new quality productivity, are expected to see a rebound in demand under the multiple catalysts of new energy vehicles, household appliances, and the Siasun Robot & Automation sector. The acceleration of the application of humanoid Siasun Robot & Automation opens up long-term growth space for rare earth permanent magnetic materials. The growth rate of the total control index of domestic rare earth mining has slowed down, and the import situation of rare earth mines from Myanmar remains unstable, making it difficult for the rare earth supply side to increase. The improvement of the rare earth supply-demand situation is expected, and by 2025, rare earth magnetic materials are expected to reshape a new cycle.