The 200,000 mt Lithium-ion Battery Scrap Recycling and Comprehensive Utilization Project Has Been Launched in Chenzhou, Hunan

The Beijing municipal government issued its 15th Five-Year plan for high-tech industries on Sept 9, proposing to advance technical verification, demonstration and industrialization of multiple new energy storage routes including solid-state batteries, and to accelerate breakthroughs in all-solid-state and high-performance hydrogen fuel cells for vehicles. The plan targets lifting the NEV share to 70 percent, cultivating core projects in power batteries, drive motors and smart chassis, and building supporting capabilities in automotive chips and smart cockpits. It also promotes recycling of used power batteries in the Beijing-Tianjin-Hebei region, and aims for national-level green factories to account for 50 percent of manufacturing output by 2030.

According to Nord Precious Metals on September 9, the company announced new drilling results from its high-grade Castle East silver project in Ontario, Canada. Wedge hole CS-26-140W1 intersected three silver-cobalt mineralized zones between depths of 404.20 metres and 463.60 metres. The upper 2-metre interval graded 4,683 g/t silver and 0.53% cobalt, including a 0.3-metre section grading 20,676 g/t silver and 1.16% cobalt. Another 0.3-metre interval returned 2.32% cobalt. A lower 0.9-metre interval graded 4,540 g/t silver and 0.24% cobalt, including 0.3 metres at 0.72% cobalt. The company said the results provide additional high-grade silver-cobalt mineralization data for the Castle East geological model and will support further evaluation of mineralized continuity and structural relationships. The reported intervals represent core lengths, while true widths have not yet been determined. The project remains at the exploration stage and has not yet established any quantifiable additional cobalt supply.