Ideal car officially landed on NASDAQ with an issue price of $11.50 per share.

SMM Cobalt Morning Brief: This week, the cobalt industry chain overall consolidated on a subdued note. Refined cobalt spot prices remained stable temporarily. Traders resumed offering, but transactions were still dominated by essential stockpiling, while end-use demand had not yet clearly recovered. Cobalt intermediate products were boosted by news related to DRC. Miners' offers stayed firm, but downstream smelter acceptance was limited, and some traders lowered prices to sell and facilitate deals. Transactions in the cobalt sulphate, cobalt chloride, and Co3O4 markets remained sluggish. Downstream wait-and-see sentiment was strong, and restocking demand had not yet materialized. Cobalt powder prices continued to edge lower, and off-season pressure on hard alloys persisted. Overall, cobalt chain prices may mainly consolidate in the short term, and subsequent recovery will likely need to wait for a rebound in cobalt salt valuations and improvement in downstream demand.

Dinglong telah mengajukan permohonan untuk pencatatan saham H di Bursa Efek Hong Kong. Bersamaan dengan bisnis material semikonduktornya, perusahaan terus memperluas kehadirannya di material energi baru. Awal tahun ini, Dinglong mengakuisisi 70% saham di Shenzhen Haofei New Materials, pemasok terkemuka dispersan untuk baterai litium yang digunakan pada kendaraan listrik dan penyimpanan energi, yang semakin memperkuat portofolio material baterai litiumnya.

Honda Motor telah mulai memproduksi baterai untuk sistem penyimpanan energi (ESS) pusat data kecerdasan buatan (AI) di fasilitasnya di Ohio, AS, yang semula dibangun untuk produksi baterai kendaraan listrik. Pabrik yang didirikan melalui usaha patungan dengan LG Energy Solution ini telah mengalihkan sebagian kapasitasnya ke baterai ESS menyusul permintaan kendaraan listrik yang lebih lambat dari perkiraan. Honda mengatakan fasilitas tersebut juga akan mampu memproduksi baterai kendaraan hibrida di masa depan, dengan output yang disesuaikan dengan permintaan pasar.