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2026 SMM H1 London Seminar

AFRICA CRITICAL MINERALS FORUM 2026

2026 SMM Automotive Supply Chain Conference

Indonesia Critical Minerals Conference & Expo 2026

Indonesia Nickel & Cobalt & EV Industry Conference 2024

CLNB 2024 9TH CHINA NEW ENERGY EXPO

AICE 2026 SMM (21st）Aluminum Industry Conference & Expo

Shanghai Metals Expo 2026

AICE 2025 SMM (14th) Aluminum Industry Annual Conference

SMM Indonesia Seminar: Li-ion Battery & Energy Storage

Cobalt Product Prices Mostly Held Steady While Refined Cobalt and Cobalt Sulphate Quotes Continued to Edge Down: Where Is the Turning Point? [Weekly Review]

Recently, the 220 kV Ru'an ESS power station, located in the Linfen Economic Development Zone in Shanxi, successfully completed full-capacity grid connection testing and was officially put into operation. The project was invested and constructed by Linfen Ronglin Energy Storage Technology Co., Ltd., with a total investment of approximately 400 million yuan and covering an area of 50 mu. The ESS power station has a total installed capacity of 200 MW/400 MWh, adopts high-safety LFP battery technology, and consists of 80 prefabricated containerized energy storage units. The power station collects electricity through 35 kV collector lines and is connected to the 220 kV Feihong substation via a newly built 220 kV step-up station.

220 kV Ru'an ESS Power Station in Shanxi Goes Operational

The user-side ESS power station of Jiangsu Yonggang Group was recently connected to grid and put into operation. With a capacity of 134.1 MW/260.8 megawatt hours, the station became the largest user-side energy storage project in operation in Suzhou. The project is expected to deliver an annual discharge of 120 million kWh, helping the enterprise save over 40 million yuan in electricity costs each year. In terms of technology, the commissioned energy storage project adopted LFP battery and string-type technology systems, covering an area of approximately 23 mu. The project operates on a core model of "peak shaving and valley filling," implementing a daily strategy of two charges and two discharges: charging and storing electricity during valley periods, and discharging to support production during the noon peak and evening peak periods. Through this approach, the project precisely matched the production load curve, not only maximizing economic benefits and energy utilization efficiency, but also significantly improving PV absorption rates and effectively promoting the integration of green electricity into the entire production process.

Jiangsu Yonggang Group Launches Suzhou's Largest User-Side ESS Power Station

On April 23, Sunwoda Electronic Co., Ltd. released its 2025 annual report. The report shows that the company achieved operating revenue of 63.246 billion yuan in 2025, a year-on-year increase of 12.90%. Consumer battery revenue was 31.406 billion yuan, accounting for 49.66% of total revenue, a year-on-year increase of 3.29%; electric vehicle battery revenue was 18.908 billion yuan, accounting for 29.90%, a year-on-year increase of 24.90%; energy storage system business revenue was 2.313 billion yuan, accounting for 3.66%, a year-on-year increase of 22.42%.

[Lithium Battery: Sunwoda's 2025 Revenue Exceeds 63.246 Billion Yuan]

On April 23, Tesla, Inc. released its first quarter financial report for 2026. During the reporting period, the company achieved total revenue of $22.387 billion, a year-on-year increase of 15.78%. As Tesla's key second growth curve, the power generation and energy storage systems business exhibited a trend of "decreased volume but increased profit" in the first quarter. During the reporting period, this business achieved revenue of $2.408 billion, a year-on-year decrease of 12%, primarily due to reduced deployments of Megapack and Powerwall, with energy storage product deployments reaching 8.8 GWh, a year-on-year decrease of 15.38%.

[Lithium Battery: Tesla's Q1 2026 Energy Storage Installed Capacity Reaches 8.8GWh]

According to an announcement by the National Energy Administration, in March 2026, a total of 6,228 new energy power generation projects (excluding household PV) were newly registered nationwide, including 44 wind power projects, 6,179 PV power generation projects (34 centralized PV power generation projects and 6,145 commercial and industrial distributed PV power generation projects), and 5 biomass power generation projects.

National Energy Administration: 6,228 New Energy Power Generation Projects Newly Registered Nationwide in March

XTC New Energy Materials (Xiamen) announced that its controlling subsidiary Ya'an XTC New Energy planned to invest in a new annual 40,000 mt lithium iron (manganese) phosphate production line project, building on its existing annual 40,000 mt LFP capacity. The total investment was estimated at 734 million yuan, with a construction period of 25 months. To ensure smooth implementation of the project and support the sustainable development of Ya'an XTC New Energy, Ya'an XTC New Energy planned to increase its registered capital by 700 million yuan, of which the company would subscribe 697 million yuan in cash and Cangya Investment would subscribe 3 million yuan in cash.

XTC New Energy Materials (Xiamen): Subsidiary Plans to Invest 734 Million Yuan in Annual 40,000 mt LFP Project

Indonesia ESDM New HPM Formula & Nickel Market Updates

2025-2026 Global PV Market Review & Outlook: Navigating Geopolitics and Policy Shifts

SMM FREE WEBINAR: Sulfur Market: 2025 Review and 2026 Outlook

Impact of Iran Situation on Aluminum & Zinc Chains: A China-Based Market Outlook

SMM Africa Webinar: Strategic Sharing & Insights of Copper, Aluminium, New Energy, and Iron Ore Market

Lithium Is Moving Again — What It Really Means for BESS Costs and Procurement Strategy

Asia Copper and Aluminum Scrap 2025 Market Review and 2026 Outlook

SMM Aluminium Year-End Review: Indonesia 's Value Chain Acceleration - Tighter Quotas, Refinery Ramps & the Path to Aluminum Powerhouse Status

SMM Online Webinar: Nickel in Turmoil - Decoding Indonesia’s Policy Evolution & The Future of Global Supply

The 4th National Excellent PhD Student Forum on Magnesium Materials

Review and Outlook: Nickel, Stainless Steel and Feedstock of Stainless Steel

Category	Price Description	Change	Date
Raw Materials	Battery-Grade Lithium Carbonate USD/tonne	-14.68	Apr 24
Raw Materials	Battery-Grade Lithium Hydroxide (Coarse Particles) USD/tonne	+25.4	Apr 24
Cathode material	China Lithium Ferrous Phosphate (EV Type, Powder Compact Density 2.50g/cm³ min) USD/tonne	-5.04	Apr 24
Battery separator	China 9μm Wet-process Separator USD/m²	0	Apr 24
Electrolyte	China Lithium Hexafluorophosphate USD/tonne	-8.27	Apr 24
Electrolyte	China Electrolyte (for LFP Battery) USD/tonne	-2.31	Apr 24

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