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2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASEAN Automotive Supply Chain Conference

Indonesia Nickel & Cobalt & EV Industry Conference 2024

CLNB 2024 9TH CHINA NEW ENERGY EXPO

2025 SMM ASIA METALS SEMINAR

AICE 2025 SMM (20th) Aluminum Industry Conference and Aluminum Industry Expo

NET ZERO MEA - Solar & Energy Storage

2024 GLOBAL BATTERY RECYCLING CONFERENCE

2024 SMM LME LONDON WEEK EVENT - THE FUTURE OF GLOBAL METALS MARKET

2024 NET ZERO PV Industry Conference

JISCO Group Hongyu New Materials Company's Tender Notice for Concentrated Procurement of Steel Scrap and Scrap Bar Iron in June 2025

Tender Notice for Concentrated Procurement of Steel Scrap and Scrap Bar Iron by Hongxing Iron & Steel Co., Ltd. of JISCO Group in June 2025

Tender Notice for Concentrated Procurement of Steel Scrap, etc. by JISCO Group Gansu Runyuan Environmental Resources Technology Co., Ltd. in June 2025

JISCO Group Hongxing Iron & Steel Co., Ltd. Advance Notice of Tender for Concentrated Procurement of Pig Iron in June 2025

JISCO Group Hongxing Stock Co., Ltd. Advance Notice of Tender for Concentrated Procurement of Iron Raw Ore and Surrounding Spiegeleisen Ores in June 2025

[NDRC: Retail Penetration Rate of NEVs Reached 51.5% in April] Li Chao, spokesperson for the National Development and Reform Commission (NDRC), stated at a press conference on the 20th that as the consumption demand for green, intelligent, and high-grade products continues to be released, and as equipment upgrades drive continuous improvements in enterprise production efficiency, the production and profitability of relevant industries are improving simultaneously. In April, the added value of high-tech manufacturing and digital product manufacturing above designated size both increased by 10.0% YoY. The growth rates of products such as charging piles, NEVs, e-bikes, and tablets were 43.1%, 38.9%, 35.9%, and 11.7%, respectively. The retail sales of passenger NEVs reached 905,000 units, an increase of 33.9%. The retail penetration rate of NEVs reached 51.5%, up 7 percentage points YoY.

NDRC: NEV Retail Penetration Rate Rose to 51.5% in April, Up 7 Percentage Points YoY

[NDRC: Retail Penetration Rate of NEVs Reached 51.5% in April] Li Chao, spokesperson for the National Development and Reform Commission (NDRC), stated at a press conference on the 20th that as the consumption demand for green, intelligent, and high-grade products continues to be released, and as equipment upgrades drive continuous improvement in enterprise production efficiency, the production and profitability of relevant industries are improving simultaneously. In April, the added value of high-tech manufacturing and digital product manufacturing above designated size both increased by 10.0% YoY. The growth rates of charging piles, NEVs, e-bikes, and tablet PCs were 43.1%, 38.9%, 35.9%, and 11.7%, respectively. The retail sales of passenger NEVs reached 905,000 units, up 33.9%. The retail penetration rate of NEVs reached 51.5%, an increase of 7 percentage points YoY.

NDRC: NEV Retail Penetration Rate Rose to 51.5% in April

Recently, Lopal issued an announcement stating that its holding subsidiary and holding grand subsidiary had reached agreements with Cornex New Energy's wholly-owned subsidiaries, including Cornex New Energy Co., Ltd., Xiaogan Cornex New Energy Co., Ltd., and Yichang Cornex New Energy Co., Ltd. It is expected that a total of 150,000 mt of LFP cathode materials will be sold to the three subsidiaries under CORNEX New Energy from 2025 to 2029. Excluding the sales model where customers supply lithium carbonate, the estimated total sales amount is expected to exceed RMB 5 billion.

Lopal to Sell 150,000 mt of LFP Cathode Materials to Cornex New Energy Subsidiaries for Over RMB 5 Billion

Vanrun New Energy announced in a public notice that it had recently signed a "Business Cooperation Agreement" with CATL. According to the agreed supply volume in the agreement, the company will provide CATL with LFP products that meet the requirements. The agreement has a duration of five years (from May 1, 2025, to May 1, 2030), with an estimated total supply volume of approximately 1.3231 million mt.

In addition, when Vanrun New Energy's products possess comprehensive advantages, CATL commits that the monthly procurement volume from 2025 to 2030 will be no less than 80% of the volume committed by the company. Both parties will sign a supplementary agreement before October 1 of the preceding year to stipulate the monthly delivery plan for each year. Meanwhile, both parties will establish a long-term cooperation mechanism to jointly promote the iteration and mass production introduction of high-compaction-density LFP products and jointly explore the new energy market.

Vanrun New Energy Signs Five-Year LFP Supply Deal with CATL

[China imported 28,000 mt of lithium carbonate and exported 734 mt of lithium carbonate in April 2025]
According to customs data, China imported 28,000 mt of lithium carbonate in April, up 56% MoM and 34% YoY. Of this, 20,000 mt was imported from Chile, accounting for 71% of total imports, and 6,850 mt was imported from Argentina, accounting for 25% of total imports. From January to April, China's cumulative imports of lithium carbonate reached 79,000 mt, up 27% YoY.
In April, China exported 734 mt of lithium carbonate, up 334% MoM and 213% YoY.

China's Lithium Carbonate Imports Surge in April 2025 with Significant Exports Growth

[Rio Tinto and Codelco to Collaborate on Maricunga Salt Lake Lithium Project, Plan to Invest Up to $900 Million in Joint Venture] Rio Tinto and Codelco announced on May 19 that they had signed a binding agreement to establish a joint venture to develop and operate the Maricunga salt lake lithium project in Chile. The transaction is expected to be completed by the end of Q1 next year. According to the agreement, Rio Tinto will acquire a 49.99% stake in Maricunga Salt Lake Ltd. Codelco holds the licenses and mining concessions for the Maricunga salt lake through this company. Rio Tinto stated that it will invest an initial $350 million in Maricunga Salt Lake Ltd. for subsequent research and resource analysis to advance the project until the final investment decision. Once the decision to proceed with the project is made, Rio Tinto will invest an additional $500 million in the company to cover construction costs. If the joint venture achieves the goal of delivering the first batch of lithium by 2030, Rio Tinto will also inject an additional $50 million into the company. (Caijing)

Rio Tinto and Codelco Form Joint Venture to Invest $900M in Maricunga Salt Lake Lithium Project

Global Solar & Energy Storage Trends Amid Tariff Shifts

U.S. Tariffs and the Global Aluminium Market: Navigating Shifting Supply-Demand Dynamics and Rising Costs

Indonesian Nickel Market Review: Price Trend, Policy, and Market Dynamics

Global Lithium Battery Recycling Market Analysis

Harnessing Solar Growth in MEA: Market Dynamics, Investment Climate, and Global Partnerships 

SMM’s Review of the Lithium Industry for 2024 and Forecast for 2025

SMM Free Online Webinar: China's Aluminum Export Landscape-Impacts of the New Tax Rebate Policy

SMM & LiBE Free Webinar: Global Ternary Cathode Materials Market Analysis and Outlook

Global Stainless Steel Feedstock Analysis and Supply & Demand Forecast

Navigating the Nickel Market: MHP & Nickel Sulfate Short-term and Long-term Trends - Market Dynamics and Supply

LFP Cathode Market Analysis: Present and Future, China and the World

Category	Price Description	Price Range	Avg	Change	Date
Raw Materials	Battery-Grade Lithium Carbonate CNY/mt	61600-64900	63250	-450	May 20
Raw Materials	Battery-Grade Lithium Hydroxide (Coarse Particles) CNY/mt	63800-66780	65290	-200	May 20
Cathode material	LFP (Mid-End, For NEV) CNY/mt	30350-31820	31085	-125	May 20
Battery separator	Wet-process Base Film（9μm） CNY/㎡	0.68-0.8	0.74	-0.01	May 20
Electrolyte	LiPF6 (Domestic) CNY/mt	52300-55500	53900	-100	May 20
Electrolyte	Electrolyte (For LFP Battery) CNY/mt	15000-21400	18200	0	May 20

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