Dear Customers, Greetings! To provide more accurate and effective feedback on the domestic chrome ore market trends and better serve customers in the chrome industry chain, as well as to enhance the reference value of price quotations, SMM plans to officially launch daily CIF price points for chrome ore on December 25. A total of five new price points will be added: South Africa 40-42% chrome concentrate ore (CIF), South Africa 38% chrome lump ore (CIF), South Africa 40-42% raw chrome ore (CIF), Turkey 40-42% chrome lump ore (CIF), and Turkey 46-48% chrome concentrate ore (CIF).

Overnight, LME copper opened at $9,053/mt, initially dipped to a low of $9,032/mt, and then climbed steadily to an intraday high of $9,109.5/mt.

Without noticing it, nearly half of 2024 has passed. Looking back at the lithium carbonate market since the beginning of the year has been tumultuous. Since the beginning of the year, the price of battery-grade lithium carbonate has risen from 96,900 RMB/ton to a high of 113,000 RMB/ton, and then experienced a downward trend in recent days after nearly two months of market fluctuations.

SK On, a South Korean battery manufacturer, is looking to raise up to 2 trillion Korean won (15 billion US dollars) in funding to expand its overseas facilities.