October 17 SMM small metal spot price: some antimony prices rise again magnesium ingot prices continue to fall

According to relevant reports, on March 26, the construction of phase II of Millison Modern Industrial Park, which mainly undertakes the production of super-large structural parts such as 5G communication body, new energy vehicle motor, power battery, electronic control system and body, was held in Dajiang Scientific Innovation City in Tianming District, Chongqing.

The supply of oxides from upstream raw ore and NdFeB scrap will tighten further with the intensive resumption of production post the CNY holiday.

 Electronic Information Division of MIIT (Ministry of Industry and Information Technology) issued the Lithium-ion Battery Industry Standard Conditions (2021) (draft) and Administrative Measures for the Announcement of Lithium-ion Battery Specification (2021) (draft) for public opinions on November 18 in order to further strengthen the lithium-ion battery industry management, and to promote the industry transformation and upgrading as well as technological progress. The Standard Conditions provides standardised guidance on the operation of lithium-ion battery companies and projects from many aspects. At the same time, the document also stipulates the performance of almost every type of lithium-ion batteries and battery packs, including consumer batteries and motive power batteries.

This is a roundup of China's metals output in August 2021, from an exclusive survey of key producers by SMM analysts.

Chen Jinghe, Chairman of China’s mining giant Zijin Mining, recently claimed that the company would extend its business deployment into the new energy sector, including lithium ore. The share prices of the company soared over 7% on Monday immediately following his comments. However, a clarification announcement was later released that "the company has not yet a specific timetable and specific project arrangements". On Tuesday, Zijin Mining's share price saw a pullback of nearly 3 percentage points.

A weekly update on the trending stories from the New Energy sector.

Restocking by battery material producers for the Chinese New Year holiday is about to conclude

Global demand for cobalt in 2019 is expected to increase 4%, at 137,200 mt, while supply will remain flat at 163,500 mt

According to the latest China New Energy Cars Index Report, the new energy cars index is 33.9 in September 2017, rising 2.4 compared with last month, keeping the upward tendency.

A considerable amount of motive batteries will be scrapped in China by the year 2020.