[SMM Flash News] Chilwee Group Establishes Presence in Hainan, Involving New Material Technology R&D, etc.

【US DOE Awards $500 Million for Critical Mineral and Battery Projects, Nth Cycle Receives $100 Million for Black Mass Processing】 The U.S. Department of Energy has awarded a total of $500 million to seven projects aimed at expanding domestic critical mineral processing, battery manufacturing and recycling capacity. Battery recycler Nth Cycle will receive $100 million to develop a facility to process black mass from end-of-life lithium-ion batteries and battery manufacturing scrap into high-purity metals and battery-grade materials. The DOE said the funding aims to strengthen the U.S. critical mineral and battery supply chain and reduce reliance on overseas sources

【Tinci's 100-Tonne Lithium Sulfide and Solid-State Electrolyte Pilot Line Enters Trial Production in Q3】 Tinci Materials said its 100-tonne-per-year pilot production line for lithium sulfide and solid-state electrolytes has been completed and is scheduled to enter trial production in the third quarter of 2026. The company will subsequently provide integrated solid-state battery material solutions to downstream customers based on the pace of commercialization. In addition, its planned 35,000-tonne lithium hexafluorophosphate capacity expansion and technical upgrade line has been completed and will be gradually brought online based on market demand and orders.

【Guangzhou's NEV Output Rises 51.6% in Jan-Jul, Power Battery Output Up 56.6%】 According to the Guangzhou Municipal Statistics Bureau, the city's value-added industrial output above designated size increased 5.5% year-on-year in January-July 2026. During the period, new energy vehicle output rose 51.6% year-on-year, driving automotive lithium-ion power battery output up 56.6%. Value-added output of electrical machinery and equipment manufacturing increased 14.6%, while electronic product manufacturing rose 10.8%, highlighting continued growth in the city's new energy-related industries.