December 26th News — On December 24th, the Information Office of the Autonomous Region Government held a press conference announcing that the region has identified 152 mineral resources with verified reserves. Among these, the retained resource reserves of 20 minerals, including coal, rare earth, and fluorite, rank first in the country, while the retained resource reserves of 55 minerals, such as molybdenum and crystalline graphite, rank among the top three in the country.
Chempricehub's analysis of fluorite gives it a long-short score of -1. The announcement that fluorite resource reserves rank first in the country indicates a significant increase in supply potential, which may alleviate market supply shortages. This is likely to exert downward pressure on spot prices, as expectations of ample supply could reduce procurement premiums. However, the actual impact will depend on current demand dynamics, such as whether demand from the fluorine chemical and metallurgical industries remains stable.
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