Shares of LYGEND RESOURCE (02245) climbed nearly 7% in Hong Kong trading, last up 6.58% at HK$17.82 with turnover reaching HK$56.179 million.

The company recently announced that all production lines of the KPS project, the second phase of its RKEF initiative, have achieved full production capacity. This milestone signifies that the entire Obi project is now operating at full capacity, enabling stable annual production of 400,000 metric tons of nickel. With the complete ramp-up of the Obi project, the company's overall scale benefits are further unlocked, laying a solid foundation for cost reduction, optimized resource allocation, and enhanced core competitiveness. This is expected to steadily bolster both profitability and industry influence.

Investors should note that LYGEND RESOURCE is set to release its interim results on August 27. Previously, the company issued a positive profit alert, indicating that from January to May 2026, operating scale continued to grow, driven by the gradual commissioning of KPS production lines and higher product selling prices. For the six months ending June 30, 2026, the company projects revenue of approximately RMB 24.50 billion to RMB 27.00 billion, representing a year-on-year increase of 35.0% to 48.8%. Net profit attributable to parent shareholders is expected to range from RMB 2.25 billion to RMB 2.50 billion, up 57.3% to 74.8% compared to the same period last year.