Tongbao Energy Reports 8.58% YoY Drop in 2025 Thermal Power, Wind Power Metrics Disclosed

Evolution Mining Ltd. said it will leverage record profits from elevated gold prices to advance two major high-grade expansion projects—the Northparkes mine in New South Wales and the Ernest Henry copper-gold hub expansion in Queensland—while also expanding its operational footprint in Canada.

SMM Morning Meeting Minutes: LME copper opened at $13,357/mt overnight, fluctuated upward initially and touched a high of $13,480/mt, then the center of copper prices gradually moved downward to a low of $13,115/mt, before rebounding to close at $13,239/mt, up 1.06%, with trading volume reaching 26,500 lots and open interest at 326,000 lots, an increase of 893 lots from the previous session, overall showing bulls increasing positions. The most-traded SHFE copper contract 2603 opened at 103,620 yuan/mt overnight, climbed to 103,730 yuan/mt at the beginning of the session, then experienced wide swings and touched a low of 101,840 yuan/mt, before fluctuating upward to close at 102,190 yuan/mt, up 0.26%, with trading volume at 69,800 lots and open interest at 152,000 lots, a decrease of 6,478 lots from the previous session, overall showing bears reducing positions.

According to the China National Light Industry Council, in 2025, the retail sales of 11 categories of light industrial goods totaled 8,671.9 billion yuan, up 7.8% YoY. Among them, the retail sales of household appliances and audio-video equipment were up 11% YoY.