China Cobalt Ore Imports Skyrocketed in February after Plunging in January

On April 10, Shenzhen Capchem Technology Co., Ltd. released its performance forecast for the first quarter of 2026. The announcement shows that for the period from January 1 to March 31, 2026, the company expects a net profit attributable to shareholders of the listed company of 460 million yuan to 500 million yuan, representing a year-on-year increase of 100.11% to 117.51% compared to 229.8775 million yuan in the same period last year; the net profit after deducting non-recurring gains and losses is expected to be 449.28 million yuan to 489.28 million yuan, a year-on-year increase of 102.48% to 120.51%.

MGL announced that the company plans to sign an investment agreement with the Management Committee of Dazhou High-tech Industrial Park and invest 500 million yuan to establish a wholly-owned subsidiary, Sichuan MGL New Material Technology Co., Ltd., to implement the fourth-generation and beyond lithium iron phosphate integrated project. This project includes two sub-projects: lithium iron phosphate and iron phosphate, both to be constructed in two phases. The lithium iron phosphate sub-project involves a total investment of approximately 1.8 billion yuan, while the iron phosphate sub-project involves a total investment of approximately 1.2 billion yuan, bringing the combined total investment to approximately 3 billion yuan.

Quality Care India Ltd (QCIL), a top Indian healthcare platform, has partnered with AMPIN Energy and Radiance Renewables to procure solar power for five facilities across Odisha, Chhattisgarh, and Maharashtra. Under a Group Captive model, this initiative marks the first phase of a broader plan to transition 19 hospitals—including CARE Hospitals and KIMS Health—to renewable energy. QCIL is targeting a total renewable capacity of 30 MW, with the initial 6 MWp phase expected to reduce carbon emissions by 8,000 tonnes annually and cut electricity costs by approximately 20%. In the long term, the group aims to meet 80% of its energy needs through a hybrid model combining solar, wind, and battery storage (BESS).