Tesla said its nine-millionth electric vehicle had rolled off the production line at the Shanghai Gigafactory, marking another symbolic milestone as 2025 draws to a close.

Recycling Industry Events This Week (December. 1-5)

This week, the prices of cobalt sulfate and nickel sulfate have started to rise, and the price of lithium carbonate has also continued to increase.

SMM Steel, December 30 — According to SMM statistics, the estimated total resource shipments in mainstream markets this week were 219,800 mt, down 18.71% WoW from last week’s shipment level. By market:

The proceeds will be primarily allocated to the development of new energy vehicle (NEV) models and digital-intelligence platforms, as well as the construction of a global R&D center and broader capabi...

Iron ore prices retreated from their high levels today, showing overall weak performance throughout the session. The main contract I2605 closed at 789, down 0.44% from the previous trading day.

[SMM Tin Futures Briefing: SHFE Tin Futures Experience Significant Correction, Expected to Continue Adjustment Pattern]

[Domestic Iron Ore Brief: Iron Ore Concentrate Prices in Tangshan Area Remain Volatile] The domestic ore market in the Tangshan area is relatively stable, with the delivery-to-factory price, tax included, for 66% grade iron ore concentrates (dry basis) at 980–985 yuan/mt. Currently, overall operations at mines and beneficiation plants remain at a relatively low level, and overall resources remain relatively tight. Some concentrators have raised their asking prices, while traders show insufficient willingness to purchase at high prices.