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On the 18th, LG Energy Solution announced during its recent fourth-quarter earnings release that it plans to commercialize graphite-based all-solid-state batteries for electric vehicles (EVs) by 2029. The company also said it targets commercialization of anode-free all-solid-state batteries for humanoid robots by 2030, signaling an accelerated push to secure next-generation battery competitiveness through its dry electrode technology.

Due to the ongoing tight fuel supply in Cuba, Sherritt International Corp. plans to suspend mining and processing operations at its nickel-cobalt joint venture in Moa. The company has already scaled back activities and expects to enter a temporary shutdown in the near term, using the downtime to carry out scheduled maintenance. The immediate cause of the suspension is the failure of planned fuel deliveries to materialize. Sherritt is engaging with relevant parties and evaluating alternative sources of key inputs. The project is operated in partnership with General Nickel Company SA, and its semi-processed materials are typically shipped to a refinery in Alberta, Canada, which has a combined capacity of about 38,200 tonnes.

Italian electrochemistry and sustainable technology company Industrie De Nora S.p.A., through its subsidiary De Nora Permelec Ltd., has signed a binding Memorandum of Understanding with U.S. clean-energy materials company Tuleva Inc. to supply a high-capacity electrolysis system for Tuleva’s planned lithium hydroxide monohydrate refining project in the United States. Under the agreement, De Nora will deliver two ion-exchange membrane bipolar electrolysis systems (CECHLO 2C 843L), supporting an annual production capacity of approximately 11,000 tonnes of battery-grade lithium hydroxide monohydrate. The system contract is valued at over €10 million, and delivery is expected to be completed within 15 months after the final agreement is executed.

On February 5, the AC system of the Baota Mountain Converter Station, the sending - end station of the ±800 kV North Shaanxi - Anhui UHV DC power transmission project, was successfully energized for the first time. This marks that the AC system of the converter station has entered the startup commissioning stage, and the entire AC system of the project is expected to be put into operation before the Spring Festival. It is reported that the rated voltage of the North Shaanxi - Anhui UHV project is ±800 kV, with a rated capacity of 8 million kilowatts, and a dynamic investment of 20.5 billion yuan. The project starts from the Baota Mountain Converter Station in Yan'an City, Shaanxi Province, and ends at the Hezhou Converter Station in Hefei City, Anhui Province. It passes through three provi

On February 12, the second - phase project of the ±200 kV DC power transmission project from Yangzhou to Zhenjiang in Jiangsu, which is the world's first multi - source commutated DC power transmission project and China's first AC - DC hybrid cross - river project, was completed and put into operation. The project's transmission line is about 228 kilometers long, with a transmission capacity of 1.2 million kilowatts. It passes through three cities (Huai'an, Yangzhou, and Zhenjiang) and seven counties. Among them, a 47 - kilometer new - built DC transmission line is erected on the same tower as the 500 kV AC line, and two new converter stations are built. Without adding a new cross - Yangtze - River power transmission channel, the original cross - river power transmission capacity has been

It is learned that Shaanxi Province's power generation installed capacity has increased from 72.75 million kilowatts in 2020 to 127 million kilowatts in 2025, with the installed capacity of renewable energy growing by about 2.7 times. Meanwhile, the province has invested a total of 120 billion yuan to strengthen the power grid and expand transmission channels, making the power grid more robust and reliable. Statistics show that during the 14th Five-Year Plan period, Shaanxi put into operation over 10 million kilowatts of clean and efficient coal-fired power generation capacity, and the scale of coal-fired power projects under construction that meet regulations reached a record high for the same period. The total scale of coal-fired power plants undergoing energy-saving and carbon-reduction

As the Chinese New Year holiday is around the corner, Shanghai Metals Market (SMM) hereby informs you of our metal price update arrangement during the holiday period to ensure you can make proper arrangements for your work and business.

Gotion High-Tech announced that it has signed a strategic memorandum of understanding (MOU) with BASF to jointly develop next-generation solid-state battery technologies. The agreement was signed recently at Gotion High-Tech’s headquarters in Hefei, Anhui Province, China. Under the partnership, the two companies will collaborate on the development of high-performance materials aimed at advancing solid-state battery technology.

LG Energy Solution announced on Wednesday (local time) that its Canadian manufacturing subsidiary, NextStar Energy, has successfully produced its one-millionth energy storage system (ESS) battery cell. The milestone was achieved three months after the start of mass production, underscoring the company’s accelerated ramp-up of ESS battery manufacturing in North America. Earlier this week, LG Energy Solution also announced that it had acquired the remaining stake in NextStar Energy, converting the company into a wholly owned subsidiary. The joint venture was originally established with global automaker Stellantis.

Sigma Lithium announced the delivery of 150,000 tonnes of high-purity lithium fines (with 1% lithium oxide) at the Port of Vitoria, Brazil, at a price of US$140 per tonne, with an additional 350,000 tonnes available for optional sale at market prices. The company stated that the successful commercialization of this low-grade lithium fines is enabled by the Greentech Plant’s dense media separation technology, allowing customers to recover over 60% through reprocessing into high-grade lithium concentrate (lithium oxide content above 4%). In addition, Sigma Lithium has resumed production of high-grade lithium concentrate, triggering prepayments under a US$96 million production-backed revolving facility, secured by 70,500 tonnes of high-grade lithium concentrate to be supplied in 2026.

Operations at the nickel-cobalt project Ambatovy in Madagascar have been suspended after a powerful cyclone struck the country. The project produced approximately 28,000 tonnes of nickel and 2,500 tonnes of cobalt in 2024. The storm also severely damaged Madagascar’s main port, Toamasina, potentially disrupting exports of mineral products. The company said its local processing plant sustained material damage and is currently assessing the full impact on assets and operations, with production to resume only after site safety and environmental conditions are fully verified. Ambatovy mainly produces nickel and cobalt briquettes, which can be further processed into sulphates used in battery materials. Market participants noted that a prolonged outage could push up battery material prices.

SAIC (600104.SH) announced that its wholly-owned subsidiary, SAIC Capital, plans to jointly establish the Shanghai Shangqi Shangcheng No. 2 Private Equity Investment Fund Partnership (Limited Partnership) with Guotou Xiandao, Hunan Jin Furong, Guofu Linghang, and others. The fund's initial committed capital is 2.5 billion yuan, of which SAIC Capital has committed 1 billion yuan. The fund will focus on key areas such as solid-state batteries, full-stack electronic architecture, digital chassis, and chip localisation, while actively investing in cutting-edge technologies like artificial intelligence, embodied AI, and computing power chips.