[SMM Metal Morning reference] Metal multiple downside lun lead hit a new low in nearly 8 weeks | Lithium carbonate price accelerated upward | magnesium price rebounded strongly

[notice] 2021 SMM South China Nonferrous Metals Industry Annual meeting will be held in Guangzhou!

Notice of change in the venue of the Annual meeting of South China Nonferrous Metals Industry at SMM

Notice of change of the venue of the 2021 (6th) China stainless Steel-Metal charging Conference

Summary of SMM Zinc Morning meeting: on the supply side, the pressure of falling processing fees and rising electricity prices on smelters is increasing, and some smelters in Hunan have indicated that they plan to control production and operation based on cost pressure. On the consumer side, the environmental protection warning in North China strikes again, and some areas of Tangshan, Hebei Province are affected by this, which is a drag on galvanizing consumption. On the whole, the cost end supports the zinc price, and the downward space of the short-term zinc price is limited.

"cost-side support for zinc prices is expected to be limited in the short term [minutes of SMM Zinc Morning meeting]

"Click to view the price of SMM zinc products

Minutes of SMM Xi Morning meeting: last week, the trend of 2201 contracts is relatively stable, and the price volatility is very small during the week. On the financial level, long-short funds do not continue to enter the market, mainly short-term speculative thinking, little change in positions during the week. As the 2112 contract enters the delivery month, the short-term current spread is stable. Therefore, under the premise of weak supply and demand, funds to maintain a low degree of market participation makes the tin price trend to maintain a high horizontal market probability.

"the volatility of the current trend has narrowed down and there has been little change in the flow of funds in and out of the country [minutes of the SMM Xi Morning meeting]

"Click to view the price of SMM tin products

Summary of SMM Cobalt Lithium Morning meeting: the domestic battery industry will basically unify the price increase in the near future, and the signing method of the long order next year is still in negotiations with the lower reaches, which can also be seen that the battery enterprises are determined to increase prices this time. When all materials of lithium batteries are uplink, costs continue to rise. Under the pressure of high cost, power battery factories have been planning to increase prices one after another. BYD, Guoxuan, Penghui, Funeng and so on have issued price increase letters one after another. From the perspective of mainstream battery models, the material cost of conventional 523 square ternary batteries has increased by 63%.

"Battery Price increase may be imperative Lithium Carbonate Price Speed up [minutes of SMM Cobalt Lithium Morning meeting]

"Click to view the price of SMM new energy products

The dollar stabilized after the shock on Friday, closing roughly the same as before, with only a slight increase of 0.05%. Earlier data showed that the number of new jobs in the United States in November was the lowest this year, dampening market sentiment. In terms of crude oil, crude oil futures of the two indicators were mixed on Friday. Us crude oil futures fell on Friday, giving up previous gains and ending down 0.42 per cent. Cloth oil successfully stabilized after a sharp fall in the early hours of the morning, closing up 0.67%.

Today's macro data focus on the euro zone December Sentix investor confidence index.

In the metals market, compared with the across-the-board decline in the basic metals market a few days ago, Shanghai Aluminum bucked the trend on Friday when other varieties fell, successfully closing up 0.9%. With the exception of Shanghai Aluminum, basic metals generally closed lower in the inner market, with Shanghai lead bearing the brunt of a 1.91% decline. Shanghai zinc followed closely with a drop of 0.78%, while Shanghai copper, Shanghai nickel and Shanghai tin fell slightly to varying degrees.

The performance of the outer disk is much more eye-catching than that of the inner disk, except for Lun copper and lun lead. Lun lead fell the most, by 2.7%, after falling to its lowest level since October 8. Lun copper fell 0.88%. Among the rising categories, Roon Aluminum rode off the dust with an increase of 0.58%, while Len zinc rose slightly by 0.33%.

In the night market, black recorded a rise across the board, with iron ore up 3.63% and threads up more than 2.2%. The performance of Shuangjiao is also commendable, with coke up 3.7% and coking coal up more than 4.2%.

In precious metals, COMEX gold futures closed higher on Friday, keeping most of the gains made after the November non-farm payrolls data, but overall gold prices fell last week.

"[overnight market] Metal lead fell by more than 1.9%, hitting a new low in nearly eight weeks.

"Click to view the price of SMM copper products.

"Click to view the price of SMM aluminum products

"Click to view the price of SMM lead products

"Click to view the price of SMM nickel products

All three major indexes of u.s. stocks closed lower on Friday, with the Dow down 59.71 points, or 0.17%, at 34580.08, the Nasdaq down 295.85 points, or 1.92% at 15085.47, and the s & p 500 down 38.67 points, or 0.84%, at 4538.43.

[SMM analysis: the US dollar copper transaction is closed and the US dollar copper transaction returns to the cold shipping date to plague the market frequently] SMM on December 3, the overall turnover of the imported copper market during the week was light, and the market transaction only performed well in a "flash in the pan" on Thursday, and then returned to the deserted state, and the premium also showed a trend of rising and falling. "View details

[SMM Analysis: behind the reduction in China's demand for Copper imports: focus on the shift in the flow of Global Electrolytic Copper Trade] China's copper import market in 2021 can be described as "bleak" compared with last year. Both the decline in imports and the weakness of dollar premiums can be seen. With the decline in domestic import demand, where is all that copper going? it is also an issue that everyone has been concerned about all the time. Judging from the global flow of electrolytic copper trade, as the focus of economic marginal improvement in Europe and the United States this year, their demand for imported copper has also increased. "View details

[SMM analysis: seasonal rush pole production copper cable operating rate rebounded in November] according to SMM research, the operating rate of wire and cable enterprises in November 2021 was 85.55%, an increase of 5.10% from the previous month, and a decrease of 11.28% over the same period last year. Among them, the operating rate of large enterprises is 90.81%, that of medium-sized enterprises is 63.01%, and that of small enterprises is 69.68%. The operating rate of wire and cable enterprises is expected to be in December. "View details

[SMM analysis: crude copper imports continue to be difficult to improve in overseas supply chain problems] SMM11 monthly domestic crude copper processing fees quoted 1300-1500 yuan / ton, up 200 yuan / ton month-on-month; CIF imported crude copper processing fees reported to 140-160 U.S. dollars / ton, month-on-month unchanged. On the whole, the differences at home and abroad continue to highlight. "View details

[SMM analysis: national power cut ends domestic electrolytic copper production in November slightly exceeded expected performance] SMM December 3: November SMM China's electrolytic copper production was 825900 tons, up 4.6% from the previous month, up 0.5% from the same period last year. Overall, the power blackout tide basically ended across the country in November, and smelters in Shandong and Guangxi completely recovered from power blackout interference, although Jiangsu and Zhejiang were still slightly affected by power cuts at the beginning of the month. "check the details.

[SMM copper downstream weekly survey: copper price center of gravity fell during the week and the operating rate of refined copper rods rebounded unexpectedly] SMM 3 December: this week SMM conducted a survey of the production and sales of major copper rod enterprises in China. The overall operating rate was about 71.39%, an increase of 5.6 percentage points over last week. The operating rate of refined copper rod rebounded unexpectedly this week, judging from the survey results. "check the details

[SMM industry dynamic tracking: copper price center of gravity falling downstream rigid demand] SMM December 3: copper price center of gravity fell this week, how about downstream consumption? SMM Copper Research Group brings you the latest market situation. Wire and cable: at a time when national network infrastructure projects are facing centralized delivery at the end of the year, cable companies continue the pace of last week's rush to production, with relatively full production schedules, but the weather turns cold in the north, and the construction of infrastructure projects such as real estate is limited by seasons. and housing sales are slow to be paid back, and downstream engineering enterprises have significantly reduced their winter reserves, directly affecting the demand for cables. "check the details.

SMM survey: when does Guangdong electrolytic copper inventory hit a new low? According to SMM statistics, as of December 3, the social inventory of electrolytic copper in Guangdong had only 5900 tons left to hit a new low for the year, only one step away from the all-time low of 4900 tons. The detailed trend is shown in the figure below. "View details

[SMM data: SMM data week national mainstream copper market inventory reduced 6700 tons] SMM December 3: as of Friday, SMM national mainstream copper regional market inventory decreased by 6700 tons to 82700 tons compared with Monday, and went to the warehouse again every week. The destocking of the country during the week mainly occurred in Shanghai, Guangdong and Tianjin, with inventory reductions of 2400 tons to 61100 tons in Shanghai and 3600 tons to 5900 tons in Guangdong. Inventory in Tianjin area decreased by 600 tons to 1400 tons. "View details

[SMM analysis: differences in the cost of caustic soda for alumina in different regions] SMM12 March 4: in December, the main domestic alumina producing areas have announced a new round of liquid alkali purchase prices, liquid alkali long orders have been greatly reduced, the focus of the industry transaction has dropped significantly, the new round of pricing is as follows. "

[SMM analysis: Electroweb construction speed up November domestic aluminum cable start-up rate rises] SMM December 5: according to SMM research statistics, November domestic aluminum cable industry comprehensive operating rate of 41.93%, month-on-month growth of 2.19%, year-on-year increase of 2%, of which the operating rate of large enterprises recorded 52.79%, an increase of 3.65% month-on-month. "check the details.

[scrap aluminum and recycled aluminum weekly review: the price of waste aluminum remains stable during the week to reduce the slight increase in recycled aluminum orders] SMM12 March 4: A00 aluminum maintains a range of shocks this week, with aluminum prices down 550yuan / ton month-on-month as of Friday. Due to the sharp fall in aluminum prices in the night market on Friday, recyclers generally cut the price of waste aluminum sharply over the weekend, and the price of waste aluminum fell by about 400 yuan / ton on Monday compared with the week before. The price of aluminum in the middle of the week maintained a relatively narrow range of shocks, the price of waste aluminum was relatively stable during the week, and the price amplitude of waste aluminum was less than 100 yuan / ton. At present, the supply and demand of waste aluminum is weak, which is expected to be next week. "View details

[SMM analysis: why did aluminum bar inventory decline for seven weeks in a row? According to the latest aluminum bar inventory data from SMM, the national aluminum bar inventory decreased by 7200 tons to 71700 tons on December 2 compared with last Thursday, a decrease of 9.14%. So far, aluminum bars have been in storage for seven consecutive weeks. This is still the main decline contributed by Foshan, where inventories fell by 6400 tons, or 21.05%, compared with last week. So far, seven weeks ago, the national aluminum bar inventory of 184400 tons has been reduced by as much as 112700 tons, a drop of as much as 61.1%. "check the details.

[SMM Aluminum Accessories Weekly Review: aluminum companies make poor profits in the game upstream and downstream of aluminum fluoride] SMM, December 3: aluminum fluoride prices continue to rise this week, domestic spot aluminum fluoride remains tight, entering the mainstream aluminum factory purchase price upward in December. So far, the SMM aluminum fluoride price index is 12750 yuan / ton, up 250 yuan / ton from last Friday. "check the details.

[SMM analysis: October bauxite import data analysis] SMM on December 3, according to the General Administration of Customs, China imported 9.5354 million tons of bauxite in October 2021, an increase of 14.32% from the previous month and 19.15% from the same period last year. In terms of ore imports by country, Guinea imported 4.3335 million tons, an increase of 9.52 percent over the previous month and 28.12 percent over the same period last year. The sea freight (Cape) for bauxite from Guinea to China has risen again to about $31-32 from $25-26 in early November. "check the details.

[SMM Bauxite spot Weekly Review: alumina prices are difficult to stop purchasing ore price pressure] SMM December 3: overseas, the global maritime dry bulk cargo market has warmed up, Australia to domestic sea freight remained stable, (Panama) shipping freight maintained at about US $19; Guinea to China bauxite sea freight (Cape) ship from early November 25-26 US dollars, once again rose to 31-32 US dollars; Sea freight (Cape) from Indonesia to Lianyungang, China rose to $12.50 from $11 in early November. "check the details.

[SMM Weekly Review: production reduction falls short of expected alumina price to maintain downward channel] SMM, as of Friday, the SMM regional weighted index was 3303 yuan / ton, down 111 yuan / ton from last Friday, or 3%. Among them, Shanxi region reported 3250-3380 yuan / ton; Henan region reported 3250-3380 yuan / ton; Shandong region reported 3400-3450 yuan / ton; Guangxi region reported 3050-3150 yuan / ton; Guizhou region reported 3200-3350 yuan / ton; Bayuquan region reported 3150-3250 yuan / ton. "check the details.

[SMM comment: what is the reason why lead imports are expected to continue to decline in 2021 compared with the same period last year? The cumulative import of lead concentrate in 2019 is still the highest in recent years, and the cumulative import of lead concentrate has declined in 2020 compared with the same period last year, but the downward trend continues in 2021, and the domestic import of lead concentrate continues to be on the low side in 2021. As of October, China imported a total of 985300 physical tons of lead concentrate from January to October, a decrease of 12.15% compared with the same period last year. "View details

[SMM Research: maintenance of Weekly operating rate of Enterprises with sluggish Terminal consumption in lead Battery Market] SMM: according to SMM research, this week (November 27-December 3) the weekly comprehensive operating rate of lead battery enterprises in the five provinces of SMM is 78.57%, which is basically stable compared with last week. "check the details.

[SMM survey: smelter overhaul and recovery co-exist electrolytic lead operating rate] SMM December 3: according to the SMM (SMM) survey, this week (November 27 to December 3) SMM primary lead smelter weekly operating rate of 58.66%, this week primary lead smelter operating rate dropped 0.63% month-on-month. "View details

[SMM investigation: environmental inspection affects smelting end production start-up rate of recycled lead continues to decline] SMM: according to a survey by SMM (SMM), the weekly operating rate of SMM recycled lead smelting enterprises in four provinces this week (November 27-December 3) was 43.08%, down 1.52% from last week. "check the details.

[SMM research: environmental protection and other related overhauls start lead ingots five local social repositories drop another 10,000 tons] SMM December 3: as of December 3, the total inventory of lead ingots in the five places reached 128700 tons, down 10600 tons from last Friday, and 6300 tons lower than Monday, according to SMM research.

[SMM research: galvanizing start is relatively stable in the week. Hebei environmental protection materials suppress construction next week] SMM, December 3: according to SMM research, zinc ingot prices remain volatile this week, with sufficient supply in the market, enterprises have a strong wait-and-see mood and rigid demand. "check the details during the week.

[SMM analysis: zinc alloy start-up has dropped somewhat enterprise raw material inventory declined] SMM December 3: the decline in the start of die-casting zinc alloy plant this week is mainly due to the fact that downstream consumption has weakened to a certain extent since late November. Due to the delivery of orders in the early stage of the alloy factory, the decline in overall demand is not obvious. "View details

[SMM analysis: enterprises continue to prepare for the Spring Festival zinc oxide operating rate rose slightly] SMM December 3: this week's zinc oxide transaction price in the range of 21800-22200 yuan / ton. According to SMM, the operating rate of zinc oxide this week was 60.62%, up 1.43% from last week. "View details

[SMM data: SMM Seven zinc ingots social inventory dropped 5000 tons compared with last Friday] SMM December 3: according to SMM, as of this Friday, SMM seven zinc ingot stocks totaled 130100 tons, down 3200 tons from Monday and 5000 tons from last Friday. "check for details.

[SMM analysis: Jiangxi refinery resumes to drive tin smelter weekly operating rate up from December 3] according to SMM, the main reason for the slight increase in tin ingot operating rate this week is that the impact of smelter production reduction caused by air pollution in Gejiu urban area of Yunnan has basically recovered, but some enterprises have implemented equipment maintenance during the period of environmental protection and production restrictions. In addition, other Yunnan enterprises also have plans for year-end maintenance, and the superposition of the two aspects has led to a reduction in Yunnan's operating rate. "check the details

[SMM data: limited increase in Nickel-Iron production in November Weather-Policy factors led to slow recovery of production] in November 2021, national nickel pig iron production rose 3.74% month-on-month to 32200 nickel tons, a limited increase; it was down 20.87% from a year earlier, and the output situation was poor compared with the same period in previous years. In terms of grade, the output of high nickel pig iron in November was 26600 nickel tons, an increase of 2.3% from the previous month. "check the details.

[nickel pig iron weekly review: demand weakening week market transaction light nickel iron price downward pressure still remains] SMM December 3: this Friday SMM8-12% high nickel pig iron average price 1445 yuan / nickel point (including factory tax), 10 yuan / nickel point lower than last Friday's average price; Indonesia high nickel pig iron average price 1445 yuan / nickel point (including tax), 10 yuan / nickel point lower than last Friday. Market trading during the week. "View details

[laterite Nickel Weekly Review: there is no obvious fluctuation in supply and demand of nickel ore prices are expected to remain stable in the short term] SMM December 3: this Friday, nickel ore 1.5%CIF average price of 82 U.S. dollars / wet ton, the same as last Friday's average price. The market turnover was light during the week, and there is no latest transaction price for the time being. On the demand side, the demand for iron and nickel plants is weak. "View details

[bonded area Pure Nickel inventory: expected internal and external nickel price revision but limited follow-up space] SMM December 3: this Friday (December 3) this week the internal and external nickel price finally began to repair after several weeks of continuous downturn, which is basically in line with the expected trend. we believe that the factors driving the rapid upward trend of the price this week are two points: the first is the fermentation of the epidemic, and overseas countries are beginning to worry about the collapse of foreign demand. And domestic demand is stable. "check the details.

[SMM analysis: 161500 tons! Huayou Cobalt Industry re-signed the big order of the pioneer! ] SMM December 3: on December 2, Funeng Technology, the leading domestic soft package battery company, announced that Funeng Technology (Ganzhou) Co., Ltd. and Zhejiang Huayou Cobalt Co., Ltd. signed a "strategic cooperation agreement" on December 2, 2021. According to SMM, the agreement can be divided into three parts, one of which is the provision in the agreement. "check the details."

[SMM analysis: the price of lithium carbonate continues to rise? As of December 3, 2021, the price of SMM battery-grade lithium carbonate rose to 210000 yuan / ton, up 296% from the beginning of the year, a record high. With the gradual expansion of the industrialization of lithium iron phosphate, the 3C demand has picked up slightly due to the slight recovery of chip supply, and the new production capacity of lithium hexafluorophosphate, the raw material of electrolyte, has been put into production, and the demand for lithium carbonate upstream has obviously increased. As the supply tension continues, the price of lithium carbonate has climbed all the way to an all-time high. "check the details.

[SMM Cobalt Lithium spot Weekly report: the purchase price of lithium carbonate in power battery factories is as high as 225000] as for cobalt, the price of electrolytic cobalt has reached an all-time high since November 2018, intermediate goods inventory continues to be tight and prices continue to rise. Domestic smelters are mainly consuming inventory because of high raw material costs and low willingness to stock and inquiry. "check the details.

[SMM Analysis: economy of scrap stainless Steel Price drop highlights expected Price decline of High Nickel Pig Iron] SMM 03 December: this week, with the sharp drop in stainless steel prices, scrap stainless steel prices went down, while high nickel pig iron remained stable because there was no purchase price in steel mills, so the economy of scrap stainless steel was highlighted. In the price comparison per nickel point, the price per nickel point of high nickel pig iron was higher than that of scrap stainless steel. The average rise in water this week is 42 yuan per nickel point. "check the details.

[SMM analysis: steel mill hunger marketing difficult to stop the price of stainless steel to open a new channel of decline? Since November, we have heard a number of incidents in which steel mills limit prices and fall short of the market recession and further cut prices. Together, several events can be said to be Mobius ring-cycle and cycle. Unfortunately, even with hunger marketing, the spot stainless steel market cannot save the "water flowing down from a height of 3,000 feet". Stainless steel market inventory gradually accumulates over time.

[chromite Weekly Review: inventory recent low mineral prices are expected] SMM December 03: Port inventories further reduced this week, reaching this year's low; Recently, ferrochromium production has surged, port inventories have continued to decline, and under the influence of the epidemic in South Africa, traders have raised their selling sentiment at elevated prices, and the prices of 40-42% concentrate ore in South Africa have also been raised again, with spot prices rising to 29.5-30.5 yuan / tonnage. "check the details.

[SMM thread week carding: period snail strong pull up spot transaction slightly better] SMM December 03: this week snail rebound is strong, spot consolidation is strong. In the first half of the week, the decline of raw materials slowed slightly, the snail rose strongly, and spot transactions were hot. "check the details.

[SMM coke market depth analysis: coke prices hold stable coke steel game still exists] SMM December 03: this week, coke spot prices remained stable, coke enterprises relatively resist reducing coke prices, and steel mills did not propose a ninth round of price reductions; the coke exit price at the port first fell and then rose, and the first-class metallurgical coke dropped from 2945 yuan / ton to 2745 yuan / ton, and then rose to 2800 yuan / ton, and the market began to bullish on coke prices. Put it all together. "check the details.

[SMM hot rolling week combing: market sentiment has changed this week coil prices continue to rebound] SMM December 03: coil prices continue to rise month-on-month this week, driven by frequent news of the resumption of blast furnace production and strong shocks at the raw material end, hot coil prices began to rise significantly on Wednesday. "check the details.

[SMM Analysis: Tangshan again issues heavy pollution Weather level II warning Iron Ore Price callback] SMM December 03: yesterday, Tangshan, Hebei Province issued another level II heavy pollution weather warning. This time the number of smoggy furnaces is about 12, the production stop time is 10 days, and the daily reduction of hot metal is about. "check the details.

[SMM hot spot: Tangshan blast furnace production limit is tightened again 2-11 total impact exceeds 300000 tons] SMM 03 December: according to SMM research, Tangshan again issued a strict notice on the afternoon of the 2nd, requiring some blast furnaces and sintering machine furnaces of many enterprises to stop production, tentatively scheduled to be lifted on the 11th. According to SMM research, more than 10 enterprises, including steel enterprises in the new area of Tangshan Iron and Steel Co., Ltd., have received the relevant requirements. "check the details.

[SMM Manganese Mine Weekly Review: manganese ore inventory decreased during the week] SMM December 03: during the week, the market quotation will is not strong, the price is more chaotic. At present, the miners are obviously upside down, the transaction at high prices is not easy, the quotation is negotiable, the shipping situation is entirely determined by the subjective wishes of each family, and there is a low-price supply in the market, so the shipping situation this week is better than before, but the overall demand has not yet been driven. SMM believes that the mainstream steel move has not yet announced the price, and the market wait-and-see mood is strong. "check the details.

[SMM Weekly Review: weekly delivery is generally waiting for steel bidding] SMM on December 03: during the week, affected by the suspension of production in Guangxi, the disk shock operation was strong, and the market mentality changed; later, with the mainstream steel recruitment announced in December, the tender volume was reduced by 150t compared with last month, reflecting the weak overall market demand, and the disk surface then changed, resulting in weak concussion operation. In terms of the spot market, except Guangxi this week. "check the details.

[SMM Electrolytic Manganese Weekly Review: at the beginning of this month, the manganese market enters the wait-and-see] according to SMM statistics, the total supply of electrolytic manganese in November was 91300 tons, a decrease of 5% compared with the previous month. At the beginning of December, the supply and demand of manganese city was both weak, and the digestion of social inventory was slow. SMM expects that in December, with the increase in the number of manganese factories, we still need to wait and see the production scheduling plan of terminal steel enterprises. It is expected that the market price of electrolytic manganese next week is more stable than that of this week. "check the details

[SMM data: industrial silicon resumption capacity in November the national output reached the peak of the year] SMM on December 3rd: according to SMM statistics, China's industrial silicon production in November was 300000 tons, an increase of 10 percent from the previous month, and an increase of 29.5 percent over the same period last year. The resumption of production in the two major industrial silicon producing areas of Xinjiang and Fujian contributed mainly to the increase in November, while Yunnan silicon plants also had a small-scale load increase. Under the influence of power cuts in Sichuan, environmental protection supervision and other reasons, the output decreased slightly compared with the previous month, and the silicon plants in Heilongjiang Province were almost unproductive in November. "check the details.

[SMM Silicon inventory: metal Silicon inventory Regional transfer Social Warehouse accumulation] SMM December 3: SMM statistics on December 3, metal silicon social inventory totaled 81000 tons, an increase of 3000 tons over last week. Both the north and south production areas have maintained a high level of construction, and the performance of metal silicon inventory has shifted regionally from the factory warehouse to the social inventory. This week, the overall turnover of metal silicon is light, and the social inventory performance is cumbersome. "check the details.

[SMM Bismuth spot Weekly Review: stable Antimony oxide demand] SMM December 3: antimony market prices are stable this week, market low-price resources for antimony ingots are gradually decreasing, factory traders and other shipping prices are firmly refusing to fall, but on the contrary, the trading volume of antimony oxide manufacturers and downstream terminals has significantly decreased, and many antimony oxide manufacturers have indicated that it is more difficult to ship goods at present. And because there are a large number of antimony oxide sold at low prices in some parts of the country. "check the details.

[SMM Molybdenum Weekly Review: molybdenum raw materials "one mine is difficult to obtain" domestic molybdenum prices rose sharply] SMM on December 3: today, the mainstream transaction price of 45% molybdenum concentrate in China is 2070-2110 yuan / tonnage, up 190 yuan / tonnage compared with last Friday; the mainstream transaction price of 60% ferromolybdenum in China is 14.2-145000 yuan / ton, up 11000 yuan / ton compared with last Friday. Next week, the domestic shortage of raw materials is expected to continue, molybdenum market enquiries continue to increase, market transactions continue to improve, prices are expected to continue to rise. "check the details.

[SMM Indium spot Weekly Review: indium Price slightly reduced] SMM December 3: the overall indium market price is stable this week, but still in the deserted market conditions, prices continue to be weak, although the fundamentals of supply and demand still do not change much, the market supply is sufficient, and the buying mood is bleak, it is relatively difficult for merchants to ship goods, the market is also very restrained, and the enthusiasm of terminal demand and speculative funds to buy goods is still declining. So. "View details

[SMM Bismuth spot Weekly Review: bismuth prices continue to fall] SMM December 3: bismuth ingot prices continue to fall this week, market fundamental demand continues to weaken obviously, speculative forces are basically dormant, and buyers are bearish on prices. The supply side has not changed much. At present, the overall resource supply of some manufacturers is still tight, manufacturers' inventory is low, and such manufacturers are more cautious about shipping, but the shipments of some manufacturers are gradually expanding this week. "check the details.

[SMM magnesium spot Weekly Review strongly rebounded magnesium price rose to 38500 yuan / ton] SMM December 3: due to the general indication of scheduled production in factories, under predictable environmental pressure, magnesium factories are reluctant to sell and magnesium factory inventories are low, and magnesium prices are extremely prone to skyrocketing prices. "View details

[SMM Titanium spot Weekly Review: titanium concentrate weakly adjusts the overall operation of the titanium market] as of December 3, the price of titanium concentrate has been lowered this week, and the overall titanium market has maintained stable operation. The details of the market are as follows. "View details

[SMM Weekly Review: the mainstream market of rare earths this week maintained stability in mid-week slight callback] SMM December 3: at the beginning of the week, praseodymium-neodymium series products continued the stable market last Friday, praseodymium-neodymium oxide mainstream turnover was 85-860000 yuan / ton, praseodymium-neodymium metal spot mainstream turnover was 104-1.06 million yuan / ton. Affected by the news of the opening of Yunnan border ports, some consignors are afraid of high shipments. "check the details.

[SMM Analysis of magnesium smelting Industry facing Vertical reduction magnesium smelting and other Technical equipment Reform during the 14th five-year Plan] SMM December 4: recently, the Ministry of Industry and Information Technology issued a notice on the "14th five-year Plan for Industrial Green Development", which puts forward certain requirements for the non-ferrous metal industry, such as the implementation of efficient leaching and reduction of red mud technology in the alumina industry, short-process smelting and continuous smelting in the copper smelting industry. Zinc smelting industry efficient clean electrolysis, oxygen pressure leaching, magnesium smelting industry vertical reduction magnesium and other technology and equipment transformation. By 2025, the clean production transformation of about 4000 non-ferrous metal kilns will be completed. "View details

[the Las Bambas copper mine in Peru will close production by mid-December] production at the Las Bambas copper mine in Peru will be closed by mid-December due to road closures. Company executives urged the government to build a freight railway to avoid future disruptions. "Freight railways have gained strong social recognition," said Carlos Castro, director of Las Bambas affairs. Las Bambas is one of Peru's largest copper mines, but executives say its operations have been suspended for nearly 400 days since it began operating in 2016.

[Chilean national copper production fell in October compared with the same month last year] Chilean national copper company (Cochilco) said on Thursday that Chilean national copper miner (Codelco), the world's largest copper miner, fell 9.9 percent to 144100 tons in October compared with the same period last year. "View details

[free port converts mining trucks into green energy to reduce mining carbon emissions] copper mining giant Freeport-McMoRan Inc. Richard Adkerson, the company's chief executive, said the company was converting its fleet of diesel trucks and other machinery to electric or hydrogen power, a transition needed to combat climate change, although the cost was unclear. The mining industry is grappling with its contradictory role as a supplier of copper, lithium and other renewable technology building blocks, even if its operations contribute to global warming.

According to the USGS, the United States imported 58400 tons of waste aluminum in September, down 1.91% from the previous month and up 11.5% from a year earlier. Among them, 35800 tons of waste aluminum was imported from Canada, accounting for 61.30% of the total waste aluminum imports, making it the largest supplier of waste aluminum to the United States. From January to September, the United States imported a total of 526000 tons of waste aluminum, compared with 390000 tons in the same period. Of this total, 309000 tons of waste aluminum was imported from Canada, compared with 250000 tons in the same period.

[international Aluminum Association launches new emission reduction plan for aluminum industry] in response to the global average temperature rise of less than 2 degrees Celsius and climate change goal of less than 1.5 degrees Celsius, (IAI) has launched a new emission reduction plan for the aluminum industry to guide its members to take action to support the achievement of global emission reduction targets. The model is based on the net zero emission scenario model of the International Energy Agency before 2050, combined with the material flow analysis of the International Aluminum Association and the future aluminum demand scenario to measure the greenhouse gas emissions of the global aluminum industry.

[Ministry of Industry and Information Technology: promoting the replacement of electrolytic aluminum production capacity to increase the output of recycled aluminum] on December 3, the Ministry of Industry and Information Technology issued the "14th five-year Plan for Industrial Green Development Plan". The aluminum industry has made requirements from the aspects of capacity replacement, promotion of green low-carbon materials, process conversion, recycling of renewable resources, promotion of green and low-carbon technology, etc. It is proposed that the policy of capacity replacement in iron and steel, cement, flat glass, electrolytic aluminum and other industries should be strictly implemented. We will promote high-value recycling of renewable resources and achieve an output of 11.5 million tons of recycled aluminum by 2025.

Mingtai Aluminium disclosed on December 2 that it operated KuaiBao in November. The output of aluminum plate, strip and foil in November was 98800 tons, an increase of 10% over the same period last year. November sales of aluminum plate, strip and foil were 110400 tons, up 18%. The output of aluminum profiles in November was 1400 tons, up 37% over the same period last year. November aluminum profile sales were 1000 tons, up 11% from January to November. Aluminum plate, strip and foil sales were 1.0684 million tons, an increase of 21% over the same period last year. Sales of aluminum profiles were 13000 tons, an increase of 67% over the same period last year.

[Dongfang Hope quasi-aluminum electrolysis aluminum plant 800000 tons electrolytic aluminum flue gas desulfurization project construction completed] on November 28th, Dongfang Hope quasi-aluminum electrolysis aluminum plant 800000 tons electrolytic aluminum flue gas desulfurization project construction was completed. The electrolytic aluminum flue gas desulfurization project, which was completed by the company in September last year, took more than a year and cost 130 million yuan to complete. In this project, the calcium carbide slag-gypsum desulfurization process is adopted, and the calcium carbide slag is used instead of limestone as the desulfurization agent to remove sulfur dioxide from the flue gas. After the transformation, the sulfur dioxide in the flue gas is reduced from 160 mg / m3 to less than 30 mg / m3, and the particulate matter is reduced to less than 10 mg / m3, which is far better than the national pollutant emission standard for the aluminum industry.

Invest 6 billion! 200000 tons of battery aluminum foil project settled in Hubei] on November 29th, Dongguang plans to invest 6 billion yuan in low-carbon high-end battery aluminum foil project in Yidu, which is scheduled to start in January next year. It is reported that the signed low-carbon high-end battery aluminum foil project, covering an area of 1200 mu, will build an annual output of 200000 tons of low-carbon high-end battery aluminum foil project, with an estimated output value of 8 billion yuan and tax revenue of 500 million yuan.

[Ministry of Industry and Information Technology: improve the recovery rate of renewable resources and strive to produce 2.9 million tons of recycled lead by 2025] on December 3, the Ministry of Industry and Information Technology issued a circular on the "14th five-year Plan for Industrial Green Development". The recycling of renewable resources is mentioned. Build a number of large-scale integrated green sorting, processing and distribution centers for scrap steel and scrap non-ferrous metals. By 2025, the recycling utilization of scrap steel, waste paper and waste non-ferrous metals will reach 320 million tons, 60 million tons and 20 million tons respectively. Among them, the output of recycled copper, recycled aluminum and recycled lead reached 4 million tons, 11.5 million tons and 2.9 million tons respectively.

[the waste water treatment sludge from the production of hot-dip galvanizing scum and zinc bottom slag and aluminum electrode foil is no longer hazardous waste] on December 3, 2021, the Ministry of Ecology and Environment issued the Hazardous waste exclusion Management list (2021 Edition). Among them, the hot-dip galvanized scum and zinc bottom slag, aluminum electrode foil production wastewater treatment sludge into the hazardous waste removal management list. "View details

[Ministry of Industry and Information Technology: formulating the implementation plan of carbon peak in the iron and steel industry is strictly forbidden to expand blindly to achieve cleaner production transformation] on December 3, the Ministry of Industry and Information Technology issued the "14th five-year Plan for Industrial Green Development", with the iron and steel industry as a key enterprise. it is pointed out that it is necessary to formulate an implementation plan for carbon peak in the iron and steel industry to promote clean and efficient use of energy and develop low-carbon materials. Strictly implement the policy of capacity replacement, and strictly prohibit blind expansion to achieve cleaner production transformation. "View details

[Ministry of Industry and Information Technology: to complete ultra-low emission transformation of 530 million tons of iron and steel production capacity by 2025] issued by the Ministry of Industry and Information Technology, the "14th five-year Plan for Industrial Green Development" proposes to implement technical and equipment transformation such as coke oven gas fine desulfurization, high proportion pellet smelting, coking negative pressure distillation, coking whole process optimization and so on. By 2025, the ultra-low emission transformation of 530 million tons of iron and steel capacity and the clean production transformation of 460 million tons of coking capacity will be completed. Implement the technology and equipment transformation of high efficient leaching and reduction of red mud in alumina industry, short process smelting and continuous smelting in copper smelting industry, efficient clean electrolysis and oxygen pressure leaching in zinc smelting industry, vertical reduction magnesium smelting in magnesium smelting industry, etc. By 2025, the clean production transformation of about 4000 non-ferrous metal kilns will be completed.

Li Xinchuang, party committee secretary of the Metallurgical Industry Planning and Research Institute: China's iron and steel output has entered the peak platform area and will fluctuate around 1 billion tons, showing a slow decline in the future, and consolidating the achievements of capacity removal is still a key task for the industry in the future. at present, crude steel reduction should be comprehensively considered in the light of carbon emissions, double control of energy consumption, and the level of environmental protection.

[2022 National Coal Fair: medium-and long-term contracts achieve full coverage of coal for power generation and heating for the first time] the 2022 National Coal Fair was held yesterday (3rd) in Rizhao, Shandong Province. this conference is also held in the context of large fluctuations in national coal prices, which will play a vital role in the stable supply of domestic coal next year. The reporter learned that what is different from previous years is that this medium-and long-term contract has achieved full coverage of coal for power generation and heating for the first time. (CCTV)

[Shanxi Province's annual coal output is expected to exceed 1.2 billion tons] on December 3, the Shanxi Provincial Government Information Office held a press conference. According to the Provincial Development and Reform Commission and the Provincial Energy Bureau, Shanxi Province actively implemented the task of ensuring supply outside the province. As of November 30, the cumulative supply of coal was 26.9456 million tons, with a completion rate of 58.58%. At present, the coal output of Shanxi Province has maintained a high level of operation, which has a strong guarantee for the national power coal supply, and the annual coal output is expected to exceed 1.2 billion tons. The policy of ensuring supply and stabilizing prices has been implemented, and coal prices have returned to a reasonable range.

[the NDRC will solicit opinions on the signing of the long-term coal contract in 2022 or raise the benchmark price of coal by about 31% to 700 yuan / ton] the National Coal Fair released a draft of the implementation plan for the signing of long-term contracts for coal in 2022 on December 3. The draft is formulated by the National Development and Reform Commission, which makes it clear that the signing scope of the long Coal Association in 2022 will be further expanded, and coal production enterprises with an approved capacity of 300000 tons or more will be included in the signing scope in principle; on the demand side, 100% of the coal used by power generation and heating enterprises except imported coal is required to sign the long-term Association. In terms of price, the pricing mechanism of "benchmark price + floating price" remains unchanged, but it is suggested that the Thermal Coal Association in the new year will be adjusted once a month. The adjustment range of 5500 kcal thermal coal is between 550yuan and 850yuan, of which the benchmark price of sewer coal is 700yuan / ton, which is about 31 per cent higher than the previous 535yuan.

[developments in overseas Mines] in September this year, Vale submitted a new environmental impact assessment study to the Minas Gerais State Secretariat for Environment and Sustainable Development (SEMAD) to restart the application for permission for the Apollo (Apolo) project with a new concept. The project, located between the cities of Kait and Santa Barbara, consists of a mine, a factory and an 8-kilometer spur line linking the Victoria-Minas railway (EFVM), which is expected to produce 14 million tons of iron ore sinter powder per year. The new scheme plans to use dry processing to process iron ore, thus reducing water consumption by about 95 per cent, from 1900 cubic metres per hour in the first draft of the 2009 programme to 100m3 per hour. The new plan also plans to use self-driving trucks to transport ore, which will not only make mining areas safer, but also reduce carbon dioxide emissions.

[Qingtuo: putting into construction of 200000 tons of stainless steel Kaiping striping project] Fu'an Qingtuo Metal finishing Co., Ltd. plans to build a 200000 ton Kaiping striping project, which has recently obtained the record certificate of investment project in Fujian Province. the construction site of the project is located in Shangyang Village, Wanwu Town, Fu'an City, Ningde City, Fujian Province.

[Ministry of Industry and Information Technology: speed up the development of new energy, new materials, new energy vehicles, green ring and other strategic emerging industries] on December 3, the Ministry of Industry and Information Technology issued a circular on the "14th five-year Plan for Industrial Green Development". It is mentioned that it is necessary to strengthen the strategic emerging industries of green environmental protection. Efforts will be made to create a new engine for industrial development with low consumption of energy and resources, low environmental pollution, high added value and strong market demand. we will speed up the development of new energy, new materials, new energy vehicles, green smart ships, green environmental protection, high-end equipment, energy electronics and other strategic emerging industries to promote the green and low-carbon development of the economy and society as a whole.

[Ministry of Industry and Information Technology: a relatively perfect power battery recycling system will be completed by 2025] on December 3, the Ministry of Industry and Information Technology issued a circular on the "14th five-year Plan for Industrial Green Development". In the part of recycling of waste power batteries, the Ministry of Industry and Information Technology said that it is necessary to improve the laws and regulations on the recycling of power batteries, promote the large-scale utilization of waste power batteries in the fields of energy storage, power reserve, and exchange of electricity, and build a number of echelon utilization and recycling projects. By 2025, a relatively perfect power battery recycling system will be built. "View details

[China Mineral Resources: the proven ore reserves at the Tanco mine are theoretically equivalent to about 280000 tons of lithium carbonate equivalent] on December 5, China Mineral Resources said on the interactive platform today that the Tanco mine retains untapped lithium ore reserves of 2.08345 million tons of ore with an average Li2O grade of 3.146% and 65536.27 tons of Li2O metal. In addition, Li2O has an average ore grade of 1.852% of 2.51935 million tons and Li2O metal of 46663.23 tons. The above proved ore reserves are theoretically equivalent to about 280000 tons of lithium carbonate.

"Cobalt Master" has made a comeback: what is the reason why prices have continued to hit a new high for three years? Can it still go up? With multiple factors resonating, the price of cobalt has recently reached a new high in more than three years. According to SMM data, on December 3, the average price of electrolytic cobalt continued to rise to 445500 yuan / ton, continuing to refresh the three-year high. To investigate the reason, Tianfeng Securities analysis pointed out: the demand for cobalt is driven by the sustained high growth of global production and sales of new energy vehicles on the demand side, the continuing epidemic in Africa on the supply side and the chaos of international shipping, resulting in a continuous decline in the import of cobalt raw materials.

The average price of lithium iron phosphate broke through 90,000, a three-year high! No change in enthusiasm in the fourth quarter? Under the background of the soaring demand for new energy vehicles and the continuous increase in the proportion of lithium iron phosphate batteries, the price of lithium iron phosphate continues to rise. As of December 3, according to the historical price of SMM, the average spot price of power lithium iron phosphate has reached 90, 000 yuan / ton, a three-year high. No change in enthusiasm in the fourth quarter? Let's take a look at the detailed analysis of SMM! "View details

Can the price of precursors go up? Huayou Cobalt intends to sell 161500 tons of ternary precursors to Funeng Technology] on the evening of December 2, Huayou Cobalt announced that the company and Funeng Technology had signed a "Strategic Cooperation Agreement". According to the agreement, the two sides agreed on the procurement and cooperation of ternary precursors, the recycling of waste and waste batteries, the development, application and exchange of ternary electrodes and ternary precursors. According to the agreement, Huayou Cobalt plans to supply a total of 161500 tons of ternary precursors to Funeng Technology from December 2021 to 2021. "View details

[Ningde era Bonpu Integrated New Energy Industry Project launching ceremony was officially held in Baiyang Industrial Park of Yichang High-tech Zone] on December 4, Ningde era Bonpu Integrated New Energy Industry Project launching ceremony was officially held in Baiyang Industrial Park of Yichang High-tech Zone. Ningde era Bonpu integrated new energy industry project takes new energy vehicle power battery cathode materials as the core, integrates "phosphate rock-raw materials-precursors-cathode materials-battery recycling" and other multi-link business, covering the whole life cycle of the battery. The total investment of the project is about 32 billion yuan and covers an area of about 5500 mu. It is planned to build a super large-scale production base with an annual production capacity of 360000 tons of ferric phosphate, 220000 tons of lithium ferric phosphate, 180000 tons of ternary precursors and materials, 40, 000 tons of lithium cobalt, 40, 000 tons of recycled graphite and 300000 tons of batteries. It is expected that the first phase will be put into production in 2023 and all will be put into production in 2025. It will be able to provide battery cathode materials for more than 4 million new energy vehicles after delivery. "View details

[1.566 billion! Shengtun Mining plans to start construction of a 40,000t high nickel matte project in Indonesia] on the evening of December 2nd, Hongsheng International, a wholly-owned subsidiary of the company, plans to set up a joint venture with Extension in Indonesia, and Shengmai Nickel will start construction of a 40,000t high nickel metal matte project in (IWIP), Weidabe Industrial Park, Indonesia, in order to cope with the growing demand for nickel brought by the rapid development of the new energy industry.

[the supply of negative graphitization capacity is seriously insufficient and the price of negative electrode materials is expected to rise further] recently, the overall supply of lithium cathode materials continues to be tight. On the one hand, the supply of negative graphitization capacity is seriously insufficient. On the other hand, downstream mainstream power battery enterprises are in strong demand, and the overall market is in short supply. It is reported that the introduction of negative materials into graphitized furnace charge may need to be delayed for more than two months, so the supply of finished products of negative material enterprises is tight, almost out of stock.

[source ensures stable supply of core raw materials GAC / SAIC jointly invests in Jiuling Lithium Industry] GAC Capital, SAIC Group Shangyi Capital and Investment Jiuling Lithium Industry formally signed a strategic investment agreement, with a total investment of 300 million yuan. With this strategic investment, GAC and SAIC will deeply integrate the upstream and downstream resources of the new energy vehicle industry chain to ensure the large-scale mass production and stable supply of lithium carbonate, the core raw material of new energy batteries.

[Guotai Junan Securities: lithium carbonate prices continue to rise in the future. Cobalt plate prices are expected to pick up at the end of the year] on December 5, Guotai Junan Securities released a non-ferrous metals research report that lithium prices continued to rise last week, especially lithium carbonate. In the previous week, most of the industrial carbon transactions could be at 1.9 million yuan / ton, while last week's industrial carbon price was as low as 203000 yuan / ton. Considering that large electric carbon production plants are overhauling in December and January, market sentiment continues to be bullish on the rising price of lithium carbonate in the future. At present, the optimal target of configuration is the leading enterprises with resource guarantee and deterministic production (Tianqi Lithium Industry, Ganfeng Lithium Industry, Yongxing Materials, etc.). Cobalt plate is expected to pick up prices by the end of the year, the epidemic in South Africa repeatedly has a greater impact on logistics and transportation, and the shortage of cobalt supply will continue for some time to come. Taking into account the strong demand in Europe and the United States, cobalt stocks will continue to be consumed, and the upward trend of cobalt prices is determined. The cobalt company extends to the electric new downstream manufacturing industry, which forms the integrated cost advantage of cobalt-nickel-precursor-ternary and strengthens the competition barrier.

[Citic Securities: the next tuyere of the new lithium salt LiFSI lithium power mid-stream material] CITIC Securities recently reported that LiFSI, as an electrolyte solute lithium salt, has the advantages of high conductivity, high chemical stability and high thermal stability, and is more in line with the development direction of lithium battery with high performance, wide temperature and high safety in the future, and is the most likely to partially replace the next generation lithium battery lithium salt of LiPF6. After nearly 10 years of process exploration, the process route selection of LiFSI by the world's leading suppliers has gradually come to an end. It is expected that LiFSI will gradually enter the stage of industrial introduction and demand explosion in the next 5 years. In 2025, the global LiFSI demand is expected to reach 129100 tons, the market space can reach 300-40 billion yuan, and the development prospect is broad.

[Fang Xinghai: building a diversified and open futures derivatives market system to promote the innovation of futures products such as carbon emissions rights and new energy metals] Fang Xinghai, vice chairman of the Securities Regulatory Commission, said in a speech for the 17th China (Shenzhen) International Futures Conference in 2021 on December 5 that the next step is to strengthen confidence in promoting the construction of the futures market and serving the high-quality development of the real economy. One of the major measures is to strengthen market construction and create a diversified and open futures derivatives market system. The first is to improve the variety rule system, the second is to continuously optimize the market-making system, the third is to speed up the construction of the over-the-counter derivatives market, and the fourth is to continue to open wider to the outside world. Among them, around improving the variety rule system, Fang Xinghai said that it is necessary to promote the innovation of futures products such as carbon emission rights and new energy metals.

Who will be the first to benefit from the industrial chain behind the "price war" of silicon wafers launched by Longji and Central? As Longji and Central have recently announced price cuts for silicon wafers, a new round of wafer price war has begun. On the evening of December 2, Central lowered the price of silicon wafers by 6.04 per cent, compared with the previous month, by 12.48 per cent, after Longji adjusted its official offer for single crystal wafers by 7.2 per cent to 9.8 per cent on November 30. "View details

Invest 30 billion yuan! On November 30th, Maqu County people's Government of Gansu Province and China Hydropower Engineering Consulting Group Co., Ltd. held an agreement signing ceremony for the investment and development of Maqu County 7.2GW integrated light and storage energy base project in Lanzhou. In the next nine years, the two sides will focus on building a new energy-based integrated light and storage energy base project in Maqu County with a total installed scale of 7.2 million kilowatts, including pumped storage projects of 1.2 million kilowatts and photovoltaic power generation projects of 6 million kilowatts, with a total investment of about 30 billion yuan.

[SMM News] China's exports of rare earth permanent magnets fell 9.2% in October from the previous month, shrinking for the first time since February 2021. The reduction areas of rare earth permanent magnet exports are concentrated in Europe and the United States, of which 1754 tons are exported to Europe, down 10 percent from the previous month; 484.7 tons to the United States, down 25.6 percent from the previous month; and 679 tons from Southeast Asia, an increase of 3.7 percent from the previous month. Due to the low production and labor costs, some processing plants in Europe and the United States are located in Southeast Asia, and the number of rare earth permanent magnets exported to Southeast Asia is gradually increasing.

[SMM News] the rare earth industry chain of the rare earth high-tech zone is complete, forming obvious agglomeration effect, and already has a complete rare earth industry system. The rare earth industry has formed a whole industry chain from rare earth raw materials to new materials to terminal application, and has initially formed five industrial development directions of rare earth permanent magnet, hydrogen storage, polishing, catalysis and alloy. Has the northern rare earth, Ruixin metal, Tianjiao Qingmei, Tianhe magnetic materials, Changan permanent magnet and other industry leaders and backbone enterprises.

Yi'an Science and Technology said that in 2020, the company invested 81.1246 million yuan in research and development, and the company mainly developed amorphous and high-entropy alloys in related application areas of spare parts product development and market development, the company has products sent to customers for testing. The promotion of new materials takes a certain amount of time, and the company is optimistic about the application prospect of liquid metal and magnesium-aluminum alloy in the industry.

Baiyin Nonferrous said that Baiyin Group introduced China Nuclear Energy Co., Ltd. to adopt the cooperation mode of "photovoltaic power generation + mine management" to implement the 100MW photovoltaic power generation project of Baiyin Deep Copper Mine. China Nuclear Energy Co., Ltd. is responsible for project financing, development, construction and management. Through the implementation of the project, the waste rock site of the deep copper mine of Baiyin Group has been utilized, and the ecological benefits such as carbon emission reduction of the project can be obtained at the same time.

Guangsheng Nonferrous said that the boundary expansion and integration of Renju rare Earth Mine and Huangshe rare Earth Mine, two ionic rare earth mines owned by the company's Chinese enterprise company, have been successfully completed, and a new mining certificate issued by the Ministry of Natural Resources has been successfully obtained. increase the reserves of rare earth resources by 11000 tons to meet the company's medium-term mining needs. The company is now working on the conversion of exploration rights to mining rights in another rare earth mine, which can meet the company's medium-and long-term mining needs. The company will continue to do a good job in the search and arrangement of the replacement mine.

[Yamana Gold discovers new mineralization in Quebec expects gold and silver production to reach 500000 ounces per year by 2028] Yamana Gold expects gold and silver production at its Canadian mines to reach 500000 ounces per year by 2028 following the discovery of "important" new mineralization areas by the Wasamac project during the Quebec development phase. "View details

Terminal information

[China's wind power grid-connected installed capacity exceeded 300 million kilowatts] by November 14, 2021, China's wind power grid-connected installed capacity reached 300.15 million kilowatts, breaking through the 300 million kilowatt mark, double that at the end of 2016, 1.4 times that of the European Union at the end of 2020 and 2.6 times that of the United States, and has ranked first in the world for 12 consecutive years. "View details

[TSMC has begun trial production of 3nm chips Apple two chips will adopt its 3nm process] on December 3, according to the latest report from DigiTimes, TSMC (TSM.N) has begun trial production of chips based on its 3nm process (called N3). It is reported that TSMC will put the 3nm process into mass production by the fourth quarter of 2022 and begin shipping 3nm chips to customers such as AAPL.O and INTC.O in the first quarter of 2023.

[BYD: Han model sales hit another record high in November] on December 4, BYD Automotive News said that in the past month, Han model sales reached another record high, with Han model sales reaching 12841, an increase of 27.08% over the same period last year. It has exceeded 10,000 for three consecutive months and increased for seven consecutive months. Han EV sold 10021 vehicles, making it the first pure electric medium-and large-sized sedan with monthly sales of more than 10,000. Han DM sales of 2820 vehicles, an increase of 7.51% over the same period last year, maintaining a steady growth trend.

[Yi'an New Energy vehicle parts are molded once by die casting] recently, Yi'an Science and Technology said that the company's automotive lightweight products are mainly focused on the application of magnesium alloy materials and large-scale integrated die-casting. The traditional parts are molded as a whole through large-scale precision die-casting, which can reduce the subsequent processing processes and achieve the lightweight and shock absorption requirements of the products. At present, the company has realized the overall integrated application in the new energy vehicle motor, electric control, battery pack, dashboard, car door and other products.

[Tesla recalled 21599 domestic Model Y electric vehicles due to front and rear steering knuckle strength problems] on December 3, Tesla (Shanghai) Co., Ltd. filed the recall plan with the State Administration of Market Supervision and Administration. From now on, a total of 21599 domestic Model Y electric vehicles with production dates from February 4, 2021 to October 30, 2021 will be recalled. Due to the manufacturing reasons of the supplier, the strength of the front and rear steering knuckle may not meet the design requirements for some vehicles within the scope of this recall. The steering knuckle may be deformed or broken during the use of the vehicle, which may cause the suspension connecting rod to break out of the steering knuckle under extreme force, which will affect the driving control of the vehicle, increase the risk of collision accidents, and there are hidden dangers. "View details

[Toyota will work with BYD to produce electric cars will use blade batteries] according to foreign media reports, Toyota will launch an all-electric small car in China by the end of next year. It will also seek key technologies from its local partner BYD, and the two sides will produce a new model with reasonable price and spacious space. Toyota has been working for years to develop a small electric car that is cost-competitive in the Chinese market without compromising comfort, according to two of the people familiar with the matter. Sources said that this breakthrough is mainly due to BYD's lithium iron phosphate (LFP) blade battery.