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[SMM Analysis] Lithium Ore Market Review in the First Week of 2025
Last week, lithium ore prices experienced slight fluctuations WoW. On the spodumene side, overseas mines showed strong sentiment to stand firm on quotes, with offers remaining at high levels and occasional transaction prices around $900/mt CIF.
XPENG AEROHT debuts 'Land Aircraft Carrier' flying car at CES 2025
Jan 9, 2025 · Shanghai (Gasgoo)-On January 7 (Pacific Time), XPENG AEROHT, the eVOLT (electric vertical takeoff and landing) aircraft company affiliated to XPENG, showcased its latest modular flying car, the "Land Aircraft Carrier," at the CES 2025.At the CES press conference, Mr. Wang Tan, Co-founder and Vice President of XPENG AEROHT, introduced the flying car, saying, "This exhibition is the overseas ...
[SMM Analysis] US Withdraws From Paris Agreement, Cancels …
On January 20, 2025, US President Donald Trump signed an executive order announcing the US withdrawal from the Paris Agreement, which aims to address climate change.
Tin Prices Expected to Rise Significantly in 2024, Will the Tin …
Jan 8, 2025 · LME tin closed 2024 with a 13.87% increase, reaching an intraday high of $36,050/mt and a low of $24,115/mt during the year. As time moves into 2025, as of 15:52 on January 8, 2025, LME tin rose by 0.34% to $30,045/mt, with its year-to-date increase for 2025 temporarily at 3.31%. SHFE tin ended its 2024 journey with an annual increase of 15.5%, hitting an intraday high of 290,520 yuan/mt and a ...
The US is expected to resume antimony ore production.
[US to Resume Antimony Ore Production] According to Mining.com, citing Reuters, the US government on the 3rd issued a final mining permit for an antimony-gold mine to Perpetua Resources. This is one of the country's measures to expand domestic production of critical minerals in response to the escalation of the trade war. The permit has received support from billionaire John Paulson.
Rare Earth Permanent Magnets Trial Production in Oklahoma, US
Jan 9, 2025 · [US Oklahoma Pilot Production of Rare Earth Permanent Magnets] According to Mining.com, USA Rare Earth (USARE) achieved a major breakthrough this week by successfully producing the first batch of rare earth permanent magnets at a new facility under construction in Stillwater, Oklahoma. This production facility, named the "Innovation Laboratory," is part of USARE's integrated rare earth ...
SMM Weekly LFP Price Analysis | SMM - news.metal.com
Jan 28, 2024 · Last week, the LFP market price experienced a slight decline, with an overall average decrease of about 110 yuan/mt. Lithium carbonate prices showed a rapid downward trend this week, dropping by approximately 450 yuan/mt.
Alumina Prices Surge: Will Aluminium Smelters Face a Squeeze or …
Oct 21, 2024 · Since the start of 2024, the global alumina market has faced constant supply disruptions, leading to a steady price increase. On October 14, the Shanghai Futures Exchange’s (SHFE) main alumina contract hit an all-time high, with prices reaching 4,818 yuan/ton during the day and closing at 4,815 yuan/ton. In the night session, it climbed even further to....
[SMM HRC Daily Review] Spot Transactions Improved; Futures Coil ...
Jan 9, 2025 · Today, the most-traded HRC futures contract continued its downward trend but began to rebound near the close, settling at 3,313 yuan, down 0.58%. On the spot side, HRC prices fell mainly by 10-20 yuan/mt during the day. Supply side, this week's HRC production saw a significant increase of 98,600 mt WoW, leading to greater supply pressure.
SHFE Aluminum Pulled Back Under Pressure Today, Alumina …
Jan 5, 2025 · [SMM Aluminum Futures Brief Review: SHFE Aluminum Pulled Back Under Pressure Today, Alumina Dropped Sharply] Macro front, the Chinese government continued efforts to boost consumption, while regional conflicts remained unresolved. Fundamentals side, although multiple aluminum smelters in Sichuan and Guangxi cut production in December, and the resumption progress of some capacity stalled ...