Phosphoric acid prices have been increased, leading to higher production costs for ferrous phosphate and wet-process phosphoric acid (PPA).

DCE iron ore futures rose largely today, the main contract closed 894.5, an increase of 1.07% throughout the day; Today's overall trading atmosphere is still relatively good,

On May 6th, the lithium carbonate market was stable, with the SMM index at 111,583 yuan/ton (~$15,476.14 USD/ton) and futures falling by 0.75% to 112,400 yuan/ton.

European Transport & Environment: "Made in China" pure electric vehicles are expected to account for more than 25% of the EU market this year

On the morning of March 11, the 200MW/400MWh grid-side energy storage project in Wuyi County, Jinhua City, Zhejiang Province officially started, which is also the largest grid-side independent energy storage project in Zhejiang Province, which is currently the largest grid-side independent energy storage project in Zhejiang Province, which was signed by Wuyi County, Jinhua City and Sunwoda Smart Energy, with a total planned investment of 800 million yuan. According to Shenzhen Sunwoda Smart Energy Co., Ltd. (hereinafter referred to as Sunwoda Smart Energy), on the morning of March 11, the 200MW/400MWh grid-side energy storage project in Wuyi County, Jinhua City, Zhejiang Province officially started, which is also the largest grid-side independent energy storage project in Zhejiang Province. The project was signed by Wuyi County, Jinhua City, Zhejiang Province and Sunwoda Smart Energy, with a planned total investment of 800 million yuan, and the project will be connected to the grid before June 30, 2024 according to the construction target.

On March 12th, lithium carbonate futures surged 4.13% to 119,850 yuan/ton, and spot prices rose to an average of 110,000 yuan/ton, amid market optimism and supply-demand adjustments.

On the afternoon of March 4th, the Jinan Municipal Government Information Office held the first session of the themed press conference titled "Vigorously Deepening Project Construction and Promoting High-Quality Development in an All-Round Way", where they introduced relevant information regarding the deepening of project service guarantee to promote green, low-carbon, and high-quality development.

On March 3rd, National People's Congress deputy, Vice Chairman of the All-China Federation of Industry and Commerce, and Chairman of the Board of Directors of Tongwei Group, Liu Hanyuan stated that at this year's Two Sessions, he will put forward suggestions related to the construction of a comprehensive energy storage system, which mainly includes pumped hydroelectric energy storage and new types of energy storage, with electric vehicle and other various forms of energy storage as supplementary, to promote the process towards a low-carbon China.

It is crucial for the company to sustain and even surpass performance expectation to maximize shareholder value from any potential acquisition deal coming up.

Both Argentina and Australia communicated with foreign governments to seek lithium investors and partners. China is out of the loop but in the discussion.

IGO announced on the morning of January 29th that the long-term off-take pricing model for Greenbushes has been changed.