Mercuria and EGC Sign Strategic MOU to Develop “Gold Standard” Responsible Cobalt Supply Chain in the DRC

Xinjiang Blue Diamond Lithium Energy Technology Co., Ltd. has issued the first public notice for the environmental impact assessment of its lithium salt production project in Toksun County, Turpan, Xinjiang. With a total investment of 2.5 billion yuan, the project will build a production line capable of producing 35,000 tons of battery-grade lithium carbonate and 935 tons of anhydrous lithium chloride per year, along with supporting facilities. As a core project within the Xinjiang Nonferrous Rare Metal Industrial Cluster, it will fill a key gap in the upstream lithium material sector, strengthen the local lithium industrial chain, and accelerate the transformation of regional resource advantages into industrial and economic strengths.

Recently, CATL's battery pack laboratory officially received prestigious certification from the Volkswagen Group, becoming the first power battery company in the world to obtain Volkswagen's full-chain laboratory qualification recognition for cells, modules, and battery packs. At the certification ceremony, Dr. Uwe Westerhoff, Head of Certification at Volkswagen Group's Battery Testing Center, and Dr. Su Yuzhuan, Head of CATL's Testing and Validation Center, attended the event together with their core teams.

Recently, Shenzhen Hoypower Technology Co., Ltd. announced the completion of a Series A+ financing round worth hundreds of millions of yuan. Since the mass production of its solid-state batteries, Hoypower's revenue scale has achieved a compound annual growth rate exceeding 100%, with cumulative shipments surpassing 100 million units. Its large-scale delivery capabilities have been highly recognized by leading customers. Hoypower has successfully achieved key technological breakthroughs in solid-state batteries, including silicon-based anode systems with an energy density ≥400Wh/kg and lithium metal anode systems with an energy density ≥500Wh/kg. These advancements can meet the demands of low-altitude economy unmanned aerial vehicles for high safety and long endurance.