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![[SMM Analysis: Will Vietnam's ESS Battery Exports Bear the Brunt of the US's New Tariff Announcement?]](https://imgqn.smm.cn/news/DQPjv20220406172139.jpg)
[SMM Analysis: Will Vietnam's ESS Battery Exports Bear the Brunt of the US's New Tariff Announcement?]
Jul 16, 2025 20:37
[SMM Analysis: Will Vietnam's ESS Battery Exports Bear the Brunt of the US's New Tariff Announcement?] SMM News on July 16: It is reported that since early July, the US has been sending letters to multiple countries announcing that new tariffs will take effect on August 1 and apply to "all goods". Meanwhile, during the long weekend of "Independence Day", US President Trump stated that countries without trade agreements with the US will face punitive tariffs of up to 70% starting from August.
Stellar Extends Infrastructure Cooperation MOU for Mine Development, Advancing Heemskirk Tin Mine Project
Stellar Resources has signed an extension agreement for the Memorandum of Understanding (MOU) with Australian Hualong, extending the exclusive period for infrastructure access rights at the Comstock mine site adjacent to the Heemskirk tin mine project by six months.
Jul 16, 2025 14:08
SMM Morning Comment For SHFE Base Metals (July 16)
Futures market: Overnight LME copper opened at $9,635.5/mt, initially fluctuated downward to hit a session low of $9,598/mt, then steadily climbed upward and reached a session high of $9,657.5/mt near the close, finally closing at $9,657.5/mt with a 0.15% gain.
Jul 16, 2025 09:52
Alumina prices rose amid growing demand for delivery brand, adding to cost pressure of aluminum smelters [SMM Aluminum Futures Brief Commentary]
The most-traded SHFE aluminum 2508 contract opened at 20,410 yuan/mt today, with a high of 20,440 yuan/mt, a low of 20,375 yuan/mt, and closed at 20,430 yuan/mt, up 0.12%. Trading volume reached 61,400 lots and open interest stood at 205,000 lots.
Jul 15, 2025 18:35
Industry bodies warn that India's copper cathode quality control order poses a risk of supply deficit
The Bombay Metal Exchange (BME) said that India's quality control order on copper cathode could lead to a reduction in domestic supply by imposing a "costly and unnecessary compliance burden" on foreign suppliers.
Jul 15, 2025 09:52
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