July 4, 2023

BYD picks Brazil for its first EV hub outside Asia

Brazil’s market has the potential to develop in the same way as China’s, with hybrid vehicles gradually giving way to pure EVs, BYD says.

July 4, 2023

Lotte Energy moves to become copper foil leader by 2028

The South Korean firm aims in the to grab a 30% share of the global market for copper foil, a key component in EV batteries.

July 3, 2023

China’s Yunnan region ramps up aluminum production as power curbs eased

Analysts had previously expected between 1-1.3 million tons of production to resume in the Yunnan region during the summer months.

July 3, 2023

BYD takes next steps on $290 million lithium project in Chile

BYD in April was granted access to preferential prices for lithium carbonate in the country.

July 3, 2023

China to restrict exports of metals critical to chip production

Gallium and germanium, along with their chemical compounds, will be subject to export controls starting Aug. 1.

July 3, 2023

China jumps ahead in the rush to secure lithium from Africa

Mines across the continent are forecast to increase production of lithium raw materials more than 30-fold from last year’s volume by 2027.

July 3, 2023

China set to boost state cobalt reserves after tumble in prices

The National Food and Strategic Reserves Administration, the government stockpiling body, may buy about 2,000 tons of cobalt.

July 3, 2023

Iron ore price slumps as China production cuts spark fears of demand drop

Market speculation about government intervention in the iron ore market last Friday weighed on sentiment as well.

July 3, 2023

ING sues legendary Chinese copper trader over $147 million debt

Amount involves overdue payments owed by Triway International Ltd., a trading arm of Maike Metals International, founded by He Jinbi.

June 30, 2023

Premier African Minerals wants to resolve lithium supply spat with China’s Canmax

The Chinese company said it would terminate the deal after Premier missed a deadline to start delivering spodumene concentrate.