[SMM Sodium-ion Battery Analysis: 10,000 mt of NFPP Put into Production! Yingna "Embracing Sodium for a Brighter, Smarter Future"]

This key European lithium resource project is expected to commence production in 2026, with an annual output of 15,000 metric tons of battery-grade lithium products and a minimum operational lifespan of 16 years. In August last year, Sibanye secured €500 million in debt financing, partially backed by the European Investment Bank, to support the project.

This significant European lithium resource project is expected to produce 15,000 mt of battery-grade lithium products annually starting from 2026, with a service life of at least 16 years. In August last year, Sibanye secured €500 million in debt financing support from institutions including the European Investment Bank.

Chinese carmaker BYD and metals giant Tsingshan have abandoned plans to build lithium processing plants in Chile, local newspaper Diario Financiero reported on Wednesday.

As of Friday this week, at northern ports: Australian lump ore was priced at 37-37.5 yuan/mtu; Australian fines at 37-38 yuan/mtu; South African semi-carbonate ore at 32.5-33 yuan/mtu; Gabon ore at 36.5-37.5 yuan/mtu; and South African high-iron ore at 30-30.5 yuan/mtu. At southern ports: Australian lump ore was priced at 39-39.5 yuan/mtu; Australian fines at 38.5-39 yuan/mtu; South African semi-carbonate ore at 34-34.5 yuan/mtu; Gabon ore at 39.5-40.5 yuan/mtu; and South African high-iron ore at 28.5-29 yuan/mtu.

According to Polaris Energy Storage Network, on May 7, the Qingdao Municipal Development and Reform Commission issued a competitive negotiation announcement for the research on the development path and policies of Qingdao's new energy industry, with a budget of 648,000 yuan. The research will focus on eight major areas of the new energy industry, including wind power, PV, hydrogen energy, energy storage systems (ESS), nuclear energy, geothermal energy, biomass energy, and ocean energy, to form a main research report on the "Research on the Development Path and Policies of Qingdao's New Energy Industry." Additionally, three thematic research reports will be developed, focusing on key areas such as wind power, hydrogen energy and energy storage, and ocean energy.