[Solid-State Battery: Guxin Energy Completes 100-Million-Yuan Financing, Strategic Upgrade Targets Embodied AI, Low-Altitude Economy, and Commercial Aerospace]

[Chile's July 2026 Lithium Carbonate Exports 23,400 mt, Lithium Sulfate Exports 7,700 mt] According to Chile's customs export data, in July 2026, Chile's total lithium carbonate exports were 23,400 mt, up 8.31% MoM and up 11.63% YoY. Of which, exports to China were 15,051 mt, down 0.29% MoM but up 10.4% YoY; exports to South Korea were 4,023 mt, up 6.92% MoM but down 34.18% YoY; exports to Japan were 1,589 mt, up 1.29% MoM and up 158.1% YoY. In July 2026, Chile's total lithium sulfate exports were 7,700 mt, all to China, down 48.38% MoM and down 25.75% YoY.

*(Bloomberg)* — A consortium led by Glencore Plc has tabled a competing rescue proposal for debt‑stricken Canadian nickel‑cobalt producer Sherritt International Corp., challenging a planned control investment from Gillon Capital linked to former US adviser Ray Washburne. Submitted to Sherritt’s board on June 26, the non‑binding proposal will bring fresh capital to the miner. Upon full dilution, the consortium will hold a minimum 55% equity stake. Eligible existing shareholders may subscribe for new shares at C$0.12 apiece. The group comprises an unnamed US anchor investor, Trifon Natsis, Kyma Capital Ltd. and Glencore. In May, Sherritt announced a private placement deal with Texas‑based family office Gillon Capital, which would secure it a 55% controlling interest, though the transaction price was undisclosed. The deal has drawn pushback from creditors and investors. Kyma, Sherritt’s largest shareholder, intends to convene a special general meeting to oust the chairman and one director over leadership concerns. Sherritt operates the Moa nickel‑cobalt open‑pit mine in Cuba. Operations were suspended in February amid local energy crises and tightened US sanctions against Cuba. The consortium stated its offer is fully equity‑funded to sustain Sherritt’s nickel‑cobalt assets including the Fort Saskatchewan refinery. Sherritt warned last month its going‑concern status is at risk if lenders accelerate debt repayment on a declared default.

This week, the industry chain as a whole remained in the doldrums. In the traditional consumption off-season, end-use demand recovery was limited, and market transactions were generally sluggish. Electrolytic products continued to grind lower, affected by loosening overseas quotes and weakening domestic salts and intermediate product prices, leading to rising bearish sentiment. The divergence between miners holding intermediate product prices firm and downstream pushing for lower prices widened, hindering actual transactions. The sulphate, chloride, tetroxide, and powder markets all faced insufficient demand and inventory pressure, with some low-priced supply increasing, keeping short-term prices under pressure. Ternary cathode precursor prices were temporarily stable; top-tier player production load recovered somewhat, and export orders performed well. Ternary cathode material prices rebounded slightly, with EV market orders in August stable and growing, but the consumer market improvement remained insignificant. LCO supply and demand remained mediocre, with prices still likely to decline. On the policy front, multiple regions continued to optimize auto consumption subsidies, the catalogue of vehicle models eligible for vehicle and vessel tax exemptions expanded, and end-use consumption stimulus policies continued to advance.