Tongling Nonferrous Metals Sees H1 2026 Net Profit Surge 84.13%-118.87% YoY

Published: Jul 13, 2026 17:55
[Tongling Nonferrous Metals: Expects H1 net profit up 84.13%-118.87% YoY] Tongling Nonferrous Metals announced that it expects H1 2026 net profit to be 2.65 billion to 3.15 billion yuan, up 84.13%-118.87% YoY. The company's net profit attributable to shareholders of the listed company in this reporting period increased significantly compared with the previous period, mainly due to: During the reporting period, prices of major products such as copper cathode and sulphuric acid rose significantly YoY, copper foil processing fees maintained a continuous rise, and the company seized market opportunities, further strengthened internal management, reduced costs and increased efficiency, and enhanced profitability.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
University of Edinburgh Licenses Gold and Copper E-Waste Recovery Technology
Common.Time.minsAgo
University of Edinburgh Licenses Gold and Copper E-Waste Recovery Technology
Read More
University of Edinburgh Licenses Gold and Copper E-Waste Recovery Technology
University of Edinburgh Licenses Gold and Copper E-Waste Recovery Technology
The University of Edinburgh has licensed its Gold Copper Diamide Extraction process to Lithium Universe for cleaner recovery of gold and copper from electronic waste. The process uses organic compounds to selectively extract metals under milder, low-temperature conditions, offering a potential alternative to high-temperature smelting or aggressive leaching.
Common.Time.minsAgo
Itochu and Daikin Build Closed-Loop Recycling System for Commercial Air Conditioners
Common.Time.minsAgo
Itochu and Daikin Build Closed-Loop Recycling System for Commercial Air Conditioners
Read More
Itochu and Daikin Build Closed-Loop Recycling System for Commercial Air Conditioners
Itochu and Daikin Build Closed-Loop Recycling System for Commercial Air Conditioners
Itochu Metals and Daikin have formed a resource recycling partnership to recover high-purity aluminium and copper from used commercial air conditioners across Japan. Daikin estimates that a small mass-produced commercial air conditioner contains around 8 kg of copper and 7 kg of aluminium. If scaled to 300,000 units annually, the system could recover around 2,300 tonnes of copper scrap and 2,000 tonnes of aluminium scrap.
Common.Time.minsAgo
Amerigo Reports 16.9 Million Pounds of Copper Production in Q2
Common.Time.minsAgo
Amerigo Reports 16.9 Million Pounds of Copper Production in Q2
Read More
Amerigo Reports 16.9 Million Pounds of Copper Production in Q2
Amerigo Reports 16.9 Million Pounds of Copper Production in Q2
Amerigo Resources reported Q2 copper production of 16.9 million pounds and molybdenum production of 0.4 million pounds from its Minera Valle Central tailings operation in Chile, with 99% plant availability. H1 copper output reached 31.2 million pounds, representing 49% of full-year guidance, while normalized cash cost tracked below guidance.
Common.Time.minsAgo