[Solid-State Battery: Huashang Zhongke Achieves 99.95% High-Purity Lithium Sulfide Pilot Success, Multiple Shandong Enterprises Deploy Lithium Sulfide]

In July 2026, China’s scrap power battery cell market continued to drift lower overall, with clear divergence across subcategories: scrap ternary and LCO battery cells pulled back persistently, while scrap LFP battery cells fluctuated in tandem with lithium carbonate prices.

On July 23, Minmetals New Energy released its performance forecast, expecting a net profit attributable to the parent of 340 million yuan to 400 million yuan for the first half of 2026, compared to a loss of 26.8265 million yuan in the same period last year, marking a turnaround from loss to profit. The net profit after deducting non-recurring gains and losses is expected to be between 330 million yuan and 390 million yuan. In the first half of 2026, the company seized industry development opportunities, coordinated efforts across three major areas—power battery materials, energy storage materials, and consumer electronics materials—resulting in a significant year-on-year increase in product sales. At the same time, the company continued to promote technological iteration and process optimization of core materials, ensuring a stable supply of raw materials and further enhancing its product delivery capabilities.