The three rights are for areas including an 18.83 square kilometer mineral deposit in Tianshuihai, Hotan County, a 6.7059 square kilometer deposit in the outskirts of Dahongliutan, Longmen Mountain, Hotan County, and a 105.3935 square kilometer deposit in the southern part of Washixia, Ruoqiang County. These were won respectively by Xinjiang Dehuilongwang Mining Co., Ltd., Hotan Zhiyuan Mining Co., Ltd., and Xinjiang Hongshengjairui Mining Co., Ltd."

On March 22nd, lithium carbonate futures fell by 2.68% to 114,350 yuan/ton, while spot prices held at 112,550 yuan/ton, amid cautious purchasing and stable market sentiment.

For the week ending March 7, lithium carbonate prices saw an overall increase.

【Samsung SDI Finalizes Plans for Third Factory in Hungary, Second Factory Expected to Complete in September】According to foreign media reports, Samsung SDI has finalized its investment plan to build its third battery factory in Hungary. Sources say the company is expected to spend more than 6 trillion won on overall facility expansion this year, of which over 1 trillion won will be used to build the third factory.

[India launches second round of critical mineral block bidding 18 critical mineral blocks involving tungsten, vanadium, cobalt and nickel will be auctioned] According to the Mining.com website, citing Reuters, Indian mining minister Pralhad Joshi revealed on Thursday that a second round of critical mineral block auctions worth 30 trillion rupees (about 362 billion US dollars) will be launched. According to the government announcement, 18 critical mineral blocks will be auctioned, involving minerals including tungsten, vanadium, cobalt and nickel, among others. Joshi added that there will be no more coal shortages in India this year.

Copper prices are influenced by a variety of factors, including supply and demand, the global economic and political situation, monetary policy, technological advances and market expectations. Fluctuations in copper prices not only affect the copper industry, but also have a significant impact on various industries such as electricity, construction, household appliances and transport etc.

CATL has announced an international patent application for a sodium-ion battery

Canadian anode material producer Nouveau Monde Graphite (NMG) has signed offtake agreements with Panasonic and General Motors for graphite anode materials, with NMG supplying 18,000 tonnes of anode material to each company annually for the life of the agreements. At the same time, Panasonic and GM have made investment commitments to NMG in...

Romania's energy ministry has re-launched a competitive tender for battery storage projects, seeking to have at least 240MW/480MWh of energy storage facilities up and running by mid-2026. Meanwhile, another tender for the construction of an industrial chain for battery storage and solar panels will...

LS's EV parts plant was completed in Mexico to produce EV relays and battery disconnect units to supply the North American. SMM expects...