In the first quarter, the non-ferrous metal industry will continue to operate steadily.

Chen Xuesen, Vice President of the China Nonferrous Metals Industry Association, recently stated that the nonferrous metals industry will continue to operate smoothly in the first quarter of 2025 and will maintain a steady growth trend this year. Specifically, this year, production will continue to operate smoothly, with nonferrous metal industry value added expected to increase by about 5% year-on-year; industry operating income and profits will continue to grow; investment will also continue to grow, while challenges will be faced in import and export trade. In terms of investment, downstream sectors such as photovoltaics, wind power, and lithium batteries continue to drive demand for nickel, cobalt, lithium, and other metals, combined with the effective implementation of the national consumer promotion policy, it is expected that fixed asset investment in the nonferrous metals industry will continue to grow.