[SMM Analysis] According to SMM, the operating rate of copper foil enterprises in April 2025 was 71.51%, up 0.31 percentage points MoM and 0.60 percentage points YoY...

This key European lithium resource project is expected to commence production in 2026, with an annual output of 15,000 metric tons of battery-grade lithium products and a minimum operational lifespan of 16 years. In August last year, Sibanye secured €500 million in debt financing, partially backed by the European Investment Bank, to support the project.

This significant European lithium resource project is expected to produce 15,000 mt of battery-grade lithium products annually starting from 2026, with a service life of at least 16 years. In August last year, Sibanye secured €500 million in debt financing support from institutions including the European Investment Bank.

[SMM Magnesium Weekly Review: Mine-related News Continues to Disrupt the Market, with Outstanding Transaction Volumes; Magnesium Prices Rise by 3.9% This Week] In the first week after the holiday, magnesium prices surged due to news of the suspension of dolomite production, increasing from 16,600 yuan/mt to 17,250 yuan/mt, a jump of 800 yuan/mt in two days, representing a 3.9% increase.

[SMM Analysis: Copper Foil Market Shows Stable Supply and Demand, Tariff Impact Not Yet Significantly Transmitted to the Industry] According to SMM, the operating rate of copper foil enterprises was 71.51% in April 2025, up 0.31 percentage point MoM and 0.60 percentage point YoY...

This week, the ferrous metals series was in the doldrums, with the average price of steel dropping slightly WoW. In terms of news, the People's Bank of China and two other departments held a press conference on the morning of the 7th to introduce the "package of financial policies to support market stability and stabilize expectations," including multiple favorable policies such as a 0.5 percentage point reduction in the reserve requirement ratio (RRR), an expected injection of approximately 1 trillion yuan in long-term liquidity into the market, and a 0.25 percentage point reduction in the interest rate for individual housing provident fund loans. Market sentiment was somewhat boosted, but after a brief surge, steel futures prices weakened again...