[Will Post-Holiday Supply Recovery and Weak Demand Pressure China's Lead Ingot Market?]

New Zealand energy storage company ArcActive has switched on its pilot of a re-engineered lead-acid battery system at Deakin's new Renewable Grid-Connected Battery Testing Facility at its Waurn Ponds campus in Geelong, with support from Origin Energy. The system aims to help businesses cut power bills by making battery storage cheaper and easier to install, allowing more businesses to store solar electricity for later use and buy less power when prices are high. The system builds on lead-acid technology already used to support critical infrastructure, including telecommunications, hospitals and data centres. ArcActive has redesigned the batteries' internal structure, using a fabric framework to support the material that stores and releases energy. The design aims to extend cycling life while preserving low cost. The pilot operates within Deakin's renewable energy microgrid, which provides electricity generation and storage for operational use. ArcActive CEO Stuart McKenzie said the pilot was a step forward in making battery storage accessible to more businesses. He said the cost of installing a battery goes beyond the battery itself, with businesses also needing to account for engineering work, approvals, insurance and safety measures, and that if they do not know what their site will need or how much it will cost, they can be reluctant to invest. He said lead-acid technology offered a familiar starting point, as engineers, approval authorities and insurers already know it and there are established pathways for approving and insuring these installations. ArcActive is targeting commercial and industrial businesses that could benefit from storage but face costs and complexity that can prevent projects from proceeding. McKenzie said the company wants businesses to be able to deploy storage through a more standardised, repeatable process, with greater confidence about the cost, the approval requirements and the financial return.

In mid-October, China's lead ingot market entered a phase of cautious supply recovery while downstream demand remained persistently soft, characterized by low inventories, tight raw material supply and a wait-and-see stance among buyers. Post-holiday supply is returning while consumption lags, with smelters ramping up production and downstream battery makers prioritizing inventory drawdown over active replenishment. Supply-side recovery remains constrained: primary lead smelters in Central and North China completed maintenance and resumed operations by late September, lifting the comprehensive operating rate, but actual output gains were limited. Due to tight concentrate supply and low processing fees, weekly primary lead output has recovered but remains below the first-half average. On the secondary lead side, a large smelter in East China was expected to resume production in October.

KUALA LUMPUR: Sime Motors will hold a three-day vehicle sales event at Sime Motors City in Ara Damansara from Oct 16 to 18, featuring new and pre-owned vehicles from several automotive brands. The event, known as The Great Sime Motors Sale, will bring together BMW, MINI, BMW Motorrad, BYD, DENZA, Hyundai, Ford and Volvo, alongside pre-owned vehicle businesses Auto Selection and EV NEXT. In a statement, Sime Motors said the event will include vehicle test drives, financing packages, trade-in arrangements and rebates on selected models. Vi Thim Juan, Sime Motors managing director for Malaysia retail and distribution, said the event would bring together the group's automotive brands and services under one roof. Among the offers, BMW and MINI will provide financing rates starting from 1.68% and 0.88%, respectively, while BMW Motorrad will offer rebates of up to RM15,000 on selected models. BYD will offer rebates ranging from RM7,000 to RM16,000 on selected vehicles, while DENZA will provide rebates of up to RM50,000 on selected D9 models. Hyundai will offer rebates of up to RM52,000 on selected models, followed by Volvo at up to RM25,000 and Ford at up to RM22,000. The company said selected pre-owned vehicles would also qualify for complimentary service packages of up to 10 years through Drivecare. Customers who place vehicle bookings during the event will be eligible for a lucky draw featuring prizes worth up to RM40,000. The event will be open to the public from 9am to 6pm daily.