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Aug 7 News:  
At north China ports, manganese ore prices declined WoW across all grades: 46% Australian lumps (40-40.5 yuan/mtu), South African semi-carbonate (32.7-33.2 yuan/mtu), Gabonese ore (37.8-38.2 yuan/mtu), South African high-iron ore (28.5-29 yuan/mtu), and South African medium-iron ore (35-35.5 yuan/mtu).  
At south China ports, manganese ore prices were mixed WoW: 46% Australian lumps (42.9-43.4 yuan/mtu) remained flat, South African semi-carbonate (36.3-36.8 yuan/mtu) declined, Gabonese ore (40.6-41.1 yuan/mtu) declined, South African high-iron ore (31.2-31.7 yuan/mtu) declined, and South African medium-iron ore (38-38.5 yuan/mtu) remained flat.  
Manganese ore market prices are grinding lower, end-use demand is sluggish, and traders are commonly cutting prices to sell.

[SMM Manganese Ore Weekly Review] Manganese Ore Port Inventory Continues to Accumulate, Spot Prices Under Pressure

The Philippine government is preparing a new procurement round under its Green Energy Auction program targeting agrisolar and aquasolar projects. The Department of Energy and Department of Agriculture have reviewed a draft MoU for the auction, which is scheduled as GEA-9, with official terms of reference targeted for publication in Q4 2026. The DOE said agrisolar and aquasolar installations can optimize abandoned, underdeveloped and underutilized land and water resources while supporting food security and rural livelihoods. The Philippines previously announced plans to hold GEA-6 to GEA-9 over the next two years as part of a wider target to auction 25GW of renewables by 2035.

[Solar: Philippines prepares dedicated auction for agrisolar and aquasolar projects]

South Korea will hold a groundbreaking ceremony on Aug. 7 for the 400MW Haenam solar complex, the country’s largest solar project to date. Located in southern South Korea, the project will be built on around 4.79 million square meters of idle land, including reclaimed saline land, and is expected to be completed in 2028. Once operational, it will generate about 529GWh of electricity annually, equivalent to the consumption of around 130,000 Korean households, and supply companies and industrial complexes with 100% renewable energy targets. The project will use domestically produced modules, cells and inverters, with Hanwha QCells selected to supply cells and modules. It will also include a resident participation and profit-sharing mechanism, returning around KRW 150 billion in generation profits to the local community over the project period.

[Solar: South Korea to break ground on 400MW Haenam solar complex]

Latvia’s solar capacity has reached 1.52GW, according to the Latvian Renewable Energy Alliance, implying around 601MW of new additions so far in 2026 and making this year the country’s strongest year for solar deployment. Five new solar parks with a combined connection capacity of 519MW have been connected to the transmission grid this year, located in Ventspils, South Kurzeme, Valmiera, Madona and Krāslava. In addition, around 782MW of utility-scale solar is connected to the distribution grid, while microgeneration systems of up to 11.1kW now total around 220MW. Strong capacity growth helped solar become Latvia’s largest electricity source in May and June, with solar generation reaching 274GWh in June, equal to 55% of total national electricity generation.

[Solar: Latvia’s solar capacity rises to 1.52GW]

Tajikistan is set to launch solar PV auctions for a combined 400MW of capacity, with the European Bank for Reconstruction and Development supporting the government in designing and implementing competitive tenders. According to the EBRD, Tajikistan aims to add 1.5GW-3GW of wind and solar generation capacity by 2030, in line with its National Development Strategy, climate goals and energy independence objectives. At the request of the Ministry of Energy and Water Resources, the EBRD will help review and revise the legal framework, advise on establishing a market operator or single-buyer entity, and design a competitive bidding process for solar projects. If Phase I findings are agreed, Phase II will implement the reforms and hold auctions for two planned 200MW solar projects.

[Solar: Tajikistan to launch 400MW solar PV auctions]

SolarAfrica has partnered with MPower, the energy platform of the Moolman Group, and Fledge Capital to develop the Highveld Hybrid Energy project near eMalahleni in Mpumalanga, South Africa. The project will combine a 184MW utility-scale solar PV plant with a 300MWh battery storage system and is expected to begin supplying wheeled renewable electricity from 2029. It aims to provide businesses with greater energy security, long-term price certainty and access to clean electricity.

[Storage: South Africa to develop 184MW solar and 300MWh storage project]

The Syrian Electricity Company has signed three agreements with Saudi Arabia’s Al-Harfi Construction to develop solar projects with a combined capacity of 760MW in the Widyan ar-Rabi’ area of Damascus Countryside. The projects will be backed by battery energy storage systems totaling 1,077MW. The agreements follow a February 2026 MoU between PETDE and Al-Harfi Construction for a 210MW solar project supported by an 827MWh BESS facility.

[Storage: Syria signs deals for 760MW solar and storage projects with Saudi firm]

[Hithium's World's First Integrated Long Duration Energy Storage (LDES) Industrial Park Starts Production] Hithium's Shandong integrated long duration energy storage (LDES) industrial park started production in Heze Luxi New District. This industrial park is the world's first integrated industrial park focusing on long duration energy storage (LDES), with a total investment exceeding 13 billion yuan. After reaching full production, it will have an annual capacity of 30 GWh of 1175Ah long duration energy storage battery cells and 20 GWh of 6.25MWh systems. Hithium stated that, leveraging its large-scale capacity, the company will drive the global lithium battery long duration energy storage sector into an era of large-scale delivery.

[Hithium's World's First Integrated Long Duration Energy Storage (LDES) Industrial Park Starts Production]

On August 7, Shandong Chuanglu Advanced Battery Technology Co., Ltd. announced that its entire range of solid-state electrolytes and lithium-rich manganese-based cathode materials have completed pilot-scale validation, with product batch consistency and mass production processes fully meeting standards. Among these, the annual 150-ton solid-state electrolyte production line has completed installation and commissioning, while the thousand-ton cathode material production line has entered the trial production phase. The company's core products are about to officially enter the stage of large-scale industrialization. This will enable the provision of stable and reliable batch supplies and customized material solutions for diverse downstream applications, including 3C digital products, engineering machinery, power batteries, and all-solid-state batteries, thereby accelerating the commercialization of all-solid-state batteries.

[Solid-State: Shandong Hundred-Ton Solid-State Electrolyte Nearing Mass Production]

Recently, it was reported that the two new all-tab production lines at Tianpeng Power's Malaysia facility have both achieved mass production. These production lines cover a range of all-tab products in 18650 and 21700 formats, with a daily production capacity of 500,000 units. This will further enhance Tianpeng's delivery capabilities for all-tab products in overseas markets. The commissioning of the new all-tab production lines in Malaysia will further optimize Tianpeng's global manufacturing layout for all-tab products, strengthening its product delivery capabilities for overseas markets, particularly in high-growth sectors such as AI data centers.

[Lithium Battery: Tianpeng Power's Malaysia All-Tab Production Line Commences Operation]

SMM officially Launched the Nickel Sulphate CIF China price on August 7.
The price will be updated weekly, every Friday 12:00pm China time. This week’s price is at USD 3,146.84–3,312.46/mt, with an average price of USD 3,229.65/mt.
If you have any questions about the pricing, please feel free to reach out at the email address below.
Email: hanjeonghwan@smm.cn

Category	Price Description	Change	Date
Raw Materials	Battery-Grade Lithium Carbonate USD/tonne	+179.15	Aug 07
Raw Materials	Battery-Grade Lithium Hydroxide (Coarse Particles) USD/tonne	+179.62	Aug 07
Cathode material	China Lithium Ferrous Phosphate (Powder Compact Density 2.50g/cm³ min) USD/tonne	+79.17	Aug 07
Battery separator	China 9μm Wet-process Separator USD/m²	0	Aug 07
Electrolyte	China Lithium Hexafluorophosphate USD/tonne	-4.23	Aug 07
Electrolyte	China Electrolyte (for LFP Battery) USD/tonne	-1.09	Aug 07

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