China Southern Power Grid Accelerates Energy Projects During Labour Day Holiday

Since the beginning of this year, China's energy storage product exports have been impressive in both scale and growth rate. According to customs data, in Q1 this year, the export value of lithium-ion batteries — one of the most core and critical components of energy storage equipment — increased by over 50% compared to the same period last year.

The International Copper Association (ICA) announced that Indonesian mining and copper smelting company PT Amman Mineral Nusa Tenggara (AMMAN) has officially joined the association, becoming the first member headquartered in Southeast Asia. Indonesia has been accelerating downstream copper processing and domestic smelting expansion in recent years, strengthening Southeast Asia’s role in the global copper supply chain. Increasing investment in copper smelting, fabrication and energy-transition related sectors is also reinforcing the region’s importance in refined copper supply, copper product exports, and demand from AI infrastructure and power grid development.

[SMM Brass Billet News Flash] According to SMM, disrupted by factors such as invoice issues, the supply of recycled brass raw materials remained tight, and brass billet enterprises' raw material inventory continued to decline. Meanwhile, enterprises became more cautious in taking orders due to concerns about inability to deliver on time.