India Approves Foxconn-HCL Semiconductor Joint Venture with US$433M Investment

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 08 May , 2026

As major global technology companies rush to buy memory chips, SK Hynix is being actively courted by these companies, which have proposed plans to invest in its new production lines and finance the purchase of expensive manufacturing equipment. According to six people familiar with the matter, the company's clients have presented multiple partnership proposals to the South Korean chipmaker, including investing in the construction of dedicated memory production lines. Three other people familiar with the matter said another proposal involves clients providing financing for equipment purchases, such as ASML's extreme ultraviolet lithography machines. These machines are used to etch circuits on wafers and are worth hundreds of millions of dollars. The chipmaker is reportedly cautious about accepting financial commitments from clients, as such deals could make it beholden to specific buyers and force it to supply chips at lower prices in exchange for longer-term, more stable revenue guarantees.

Canadian exploration company Eloro Resources (TSX: ELO) announced that the tin resources at its Iska Iska polymetallic (silver-zinc-tin-gold) deposit in Bolivia have more than doubled. According to the company’s report, the tin content of the deposit has increased by 107.7% compared to the 2023 Mineral Resource Estimate (MRE). With total contained tin resources now reaching 290,000 metal tonnes at a grade of 0.03% Sn, it ranks as the fourth-largest tin resource in South America. Geologically, the tin resources are primarily concentrated in two key mineralized domains. The majority is located within the Polymetallic Domain 2 (containing 145,000 tonnes at 0.02% Sn) and the Tin Domain (containing 62,000 tonnes at 0.20% Sn). The company has also upgraded portions of the silver, zinc, and lead