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At the time of new highs in Copper prices, USA mining giants are betting on new technologies in an attempt to extract "gold" from old mining areas.
As copper prices soar, USA mining giants are betting on a technology aimed at extracting low-grade copper from waste piles to meet the growing Global demand.
In the "Performance" report, CDAYENONFER (00661.HK) achieved an annual net profit of 40.2 million RMB, turning a loss into a profit.
CDAYENONFER (00661.HK) announced its 2024 annual results, with revenue of 57.853 billion yuan (same currency), a year-on-year increase of 29.2%. It recorded a net profit of 40.2 million yuan, compared to a loss of 56.33 million yuan last year, turning from a loss to a profit; earnings per share were 0.22 cents. No final dividend is declared.
CDAYENONFER (00661) released its annual performance, with a profit attributable to Shareholders of 40.197 million yuan, turning losses into profits year-on-year.
CDAYENONFER (00661) released its annual results for the year ending December 31, 2024, with revenue...
CDAYENONFER: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024
Copper Falls on Trade Tariff Turmoil -- Market Talk
Could Copper become the lifeline of the USA economy, surpassing the importance of Crude Oil Product?
Analysts point out that the recent price surge is essentially a "warning of fundamental supply shortages," and Trump's ultimate goal may be to "establish a copper reserve system similar to the Strategic Petroleum Reserve."