At the 2025 (10th) New Energy Industry Expo - New Energy PV ESS Forum hosted by SMM Information & Technology Co., Ltd. (SMM), Ma Yuqi, Senior Partner and Head of the Mining Energy M&A and Restructuring Department at Beijing Yuren Law Firm, shared insights on the topic "Legal Risks and Prevention of the Application of Generation-Grid-Load-Storage Integration in Mining Enterprises." She stated that the integration of generation-grid-load-storage is an essential path for the green transformation of mines, as it can optimize energy utilization, reduce energy consumption, minimize environmental impact, and drive mining enterprises toward sustainable development. During the implementation of generation-grid-load-storage integration projects, the principle of compliance-first must always be upheld. It is crucial to fully recognize the existence of legal risks, take effective preventive measures, and ensure the legal and compliant operation of the projects. Risk prevention and compliance operations will help achieve a win-win situation for both new energy enterprises and mining enterprises.

As of this Friday, at northern ports: Australian lump ore was priced at 40.5-41 yuan/mtu, down 6.86% MoM; Australian fines at 38.5-39.5 yuan/mtu, down 2.50% MoM; South African semi-carbonate at 34-34.5 yuan/mtu, down 2.84% MoM; Gabonese ore at 39-40 yuan/mtu, down 5.95% MoM; South African high-iron ore at 31-31.5 yuan/mtu, flat MoM. At southern ports: Australian lump ore was priced at 42.5-43 yuan/mtu, down 4.47% MoM; Australian fines at 40.5-41 yuan/mtu, flat MoM; South African semi-carbonate at 35-35.5 yuan/mtu, down 1.40% MoM; Gabonese ore at 41.5-42.5 yuan/mtu, down 5.62% MoM; South African high-iron ore at 29.5-30 yuan/mtu, down 1.65% MoM. According to market sources, Australian manganese ore continues to implement its operational recovery plan, with the main structure of the terminal already installed, and exports are expected to resume in Q2. Currently, high-grade manganese oxide ore has arrived at the ports, leading to an inventory buildup. Downstream alloy plants show weak enthusiasm for manganese ore purchases, with a sluggish market inquiry. Factories are mostly driving down prices for purchases, putting downward pressure on spot prices.