[Lithium Battery: 30,000-Tons/Year Hard Carbon Anode Material Project Lands In Shuifu, Yunnan]

In August 2026, Canada's total monthly sulphur exports stood at 403,009 tonnes, down 9.24% month-on-month and up 19.26% year-on-year, with an average price of USD 1,161.791 per tonne; the major export destinations included the US, Chile, Indonesia, New Caledonia, Brazil, Australia, etc. Canada's monthly total imports of sulfur amounted to 1281.999 tons, a month-on-month increase of 42.76%, a year-on-year decrease of 8.03%, with an average price of 1050 US dollars per ton, and its major import sources include the US, China, etc. ; Canada's monthly total exports of sulfuric acid stood at 151,668 tonnes, down 5.08% month-on-month and up 6.48% year-on-year, with an average price of USD 226 per tonne; the main importing country was the US, with a very small volume destined for the United Kingdom; Canada's monthly total imports of sulfuric acid reached 10,944.72 tons, a month-on-month increase of 34.68% and a year-on-year increase of 39.58%, with an average price of 255 US dollars per ton, and the major exporting countries include the US and others. For details, please refer to the SMM analysis.

According to EVelution Energy on October 6, the U.S. Citizenship and Immigration Services approved the company’s Arizona cobalt processing project for the EB-5 investment program on September 30, potentially providing up to US$64.8 million in subordinated financing. EVelution aims to complete a bankable feasibility study in the first quarter of 2027, begin construction in 2027 and achieve commercial operations in 2029. The project is estimated to require approximately US$450 million in total investment and is designed to process about 24,000 tonnes per year of cobalt hydroxide feedstock. Planned output includes around 20,000 tonnes per year of battery-grade cobalt sulfate, equivalent to approximately 4,000 tonnes of contained cobalt, together with up to 3,000 tonnes per year of cobalt metal, for a combined cobalt capacity of about 7,000 tonnes per year. The project has previously received a non-binding financing indication of up to US$275 million from the U.S. Export-Import Bank and has established cobalt feedstock cooperation frameworks with EGC and Trafigura.