Recently, I came across some bold predictions about the non-ferrous metals market and wanted to organize these viewpoints.

Speaking of which, precious metals like gold, silver, and platinum have already performed quite well this year. According to some analysts' projections, gold prices could increase by another 50% by 2026, silver could double directly, and even central banks might start increasing their silver reserves. Platinum is even more exaggerated, with expectations to double and eventually catch up with gold prices. These sound crazy, but they are not entirely illogical.

The industrial metals sector is also not calm. Whether lithium can break through 300,000 is a concern for many, as the energy storage industry has made lithium highly sought after. Copper and aluminum are expected to rise by 50%, driven by dual demand from computing power and energy storage. Tin prices may break through 500,000, mainly supported by the computing power industry. Nickel prices could double based on expectations of production cuts in Indonesia.

More aggressive predictions point to the entire non-ferrous industry—doubling in value, continuing to lead the global stock markets. Will Zijin Mining surpass BHP to become the world's largest mining company? Will copper become the most core asset in the entire computing power industry chain? Under the energy storage boom, will the lithium sector see a surge of multi-bagger stocks?

Looking back at history, this kind of logic is not unfounded. Around 2006, as China's economy took off, copper prices increased four to five times. By 2021, with the rise of new energy vehicles, lithium prices surged 20 times. Currently, the twin engines of energy storage and computing power are in front of us—if history repeats itself and 2025 is just the beginning, 2026 could truly be the main upward wave for non-ferrous metals.