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Amidst escalating geopolitical tensions, global military spending has surged at a rapid pace. The European Union has unveiled the "Rearming Europe Plan," committing approximately 800 billion euros from 2025 to 2030, primarily directed towards bolstering missile defense and drone capabilities. Concurrently, the India-Pakistan conflict and the intensifying rivalry between Iran and Israel have fueled an expansion in China's military trade, subsequently driving up the demand for crucial military metal materials, including titanium alloy, superalloy, tungsten, molybdenum, and germanium. In light of these developments, upstream military metal enterprises are poised to experience a dual resurgence in both performance and valuation. It is thus advisable to keep a close eye on the allocation opportunities within the military metal sector.
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