Baltic Dry Index fell slightly

Last week's announcement of import and export restrictions in the Congo (DRC) has led to a continuous increase in cobalt sulfate prices. However, due to insufficient short-term demand support, the price increase has been relatively limited. Nickel sulfate prices have remained essentially stable, while lithium carbonate prices have shown a slight rebound and are fluctuating.

Polaris Energy Storage Network learned that on June 10, 2025, Zimbabwe's Minister of Mines, Winston Chitando, announced at a media briefing following a cabinet meeting that the Zimbabwean government had decided to impose a complete ban on the export of lithium concentrates starting from January 1, 2027, allowing only the departure of processed products such as lithium sulfate and above.

In November 2024, China's flake graphite import volume reached 3,159 mt, up 663% MoM and up 58% YoY.

Primary Aluminum Imports: According to data from the General Administration of Customs, China's primary aluminum imports in November 2024 were approximately 150,700 mt, down 13.8% MoM and 22.5% YoY.

The Aluminium Stewardship Initiative (ASI) has officially declared that Chongqing Millison Technologies Inc.

Bridgestone's latest wheel innovation, the Potenza Super R.A.P Evo, takes a nostalgic journey while incorporating cutting-edge aluminium alloy technology.

Nanchang Municipal People's Government Office issued a notice on the issuance of several policy measures to promote the steady and healthy development of the real estate market in the city.

Chongqing issued the Notice on Further Optimizing the Use of Housing Provident Funds on August 11.

The Ministry of Finance and other departments issued an announcement on tax policies to further support entrepreneurship and employment of key groups which include those who have been lifted out of poverty (including the monitoring objects for preventing return to poverty) and who have received the Employment and Entrepreneurship Certificate (indicating self-employment tax policy or self-employment tax policy within the year of graduation) or Employment and Unemployment Registration Certificate from January 1, 2023 to December 31, 2027.

According to multiple media reports, according to officials involved in the negotiations, the Group of Seven (G7) and the European Union will prohibit the restart of pipeline natural gas transmission from Russia.