Albemarle successfully auctioned 16,000 tons of spodumene, with a transaction price of US$1,210 per ton!

【Ascend Elements Reaches DOJ Settlement Over DOE Grant Claims】 U.S. battery recycler Ascend Elements has agreed to pay US$7.5 million to settle civil allegations over inflated reimbursement claims under a U.S. Department of Energy (DOE) grant. The DOE has canceled the remaining funding for the Hopkinsville battery recycling project, which is about 65% complete, while the facility's future development remains under review.

On August 5, 2026, after communicating with major enterprises and filing with the National Development and Reform Commission, the Sulphuric Acid Association and the Phosphate and Compound Fertilizer Association jointly decided: to ensure fair and relatively stable prices, the "latest copper concentrate TCs" in the original guidance price formula was revised to the "average of the past three months' copper concentrate TCs". After careful consideration, the copper concentrate TCs used in the calculation are based on the SMM Copper Concentrate Index. Calculated based on the new formula, the August smelting sulphuric acid guidance price is 1,555 yuan/mt. Historical guidance prices were May (1,406 yuan/mt), June (1,456 yuan/mt), and July (1,574 yuan/mt).

【Attero Opens World's First UNFCCC-Verified E-Waste Carbon Credit Trading】 Indian battery recycler Attero has launched the world's first UNFCCC-verified e-waste carbon credit (CER) trading program. The project generates verified emission reductions through e-waste recycling and critical mineral recovery, providing companies with high-quality carbon credits while enhancing the value of battery recycling and supporting the circular economy.