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SMM meetings and events in 2024

Shanghai Metals Market

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SMM Free Webinar(1)

APAC (10th) Stainless Steel Industry Conference 2025

2025 SMM Europe Lithium & New Energy Field Trip

Indonesia Nickel & Cobalt & EV Industry Conference 2024

CLNB 2024 9TH CHINA NEW ENERGY EXPO

2025 SMM ASIA METALS SEMINAR

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASEAN Automotive Supply Chain Conference

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

NET ZERO MEA - Solar & Energy Storage

2024 GLOBAL BATTERY RECYCLING CONFERENCE

[6.24 Lithium Battery News] BYD Responds to Rumors Such as "Solid-State Battery to Be Equipped on Seal Car Model"

SMM Cobalt Morning Meeting Summary: On Monday this week, influenced by the three-month extension of the export ban in the DRC, both the futures and spot prices of refined cobalt on the Zhonglianjin futures market saw significant increases. On the supply side, refined cobalt smelters continued to supply under long-term contracts, with fewer spot order quotations. Traders mainly adopted a wait-and-see attitude, and a small number of quoting enterprises refused to budge on prices. On the demand side, influenced by policies, inquiries from traders and downstream end-users increased today. However, downstream buyers remained cautious in their purchases, resulting in few actual transactions in the market. Overall, today marked the first trading day after the ban was announced, with most enterprises still in a wait-and-see mode, awaiting clarity on market trends.

[SMM Cobalt Morning Meeting Summary] DRC's Ban Intensifies, Refined Cobalt Prices Rise but Transactions Sluggish amid Strong Wait-and-See Sentiment

[SMM Cobalt & Lithium Morning Meeting Summary: This week, the price of electrolyte remained stable. Cost side, the price of LiPF6, a core raw material for electrolyte, declined slightly, while the prices of solvents and additives remained stable, resulting in no significant fluctuations in the overall manufacturing cost of electrolyte in the near term. The cost side maintained a relatively stable pattern. Demand side, the NEV market was dominated by seasonal factors. June is traditionally an off-season for NEV sales, and auto sales showed mediocre performance, leading to a slight MoM decline in the demand for power batteries.

[SMM Cobalt & Lithium Morning Meeting Summary] Electrolyte prices remained stable this week, likely to fluctuate rangebound amid the tug-of-war between sellers and buyers

[SMM Silicon-based PV Morning Meeting Summary: The overall price center of wafers shifts towards 0.88 yuan/piece, with significant further production cuts for 183N solar cells] Wafer: The market price of N-type 18X wafers is 0.88-0.9 yuan/piece; the price of 210R wafers is 1.03-1.1 yuan/piece. Wafer prices continue to weaken, with the overall price center currently shifting towards 0.88 yuan/piece. Solar cell: The overall inventory of export-oriented factories remains in an accumulating trend, although the growth rate of inventory buildup has decreased by 7 percentage points MoM. This is mainly due to significant production cuts on the 183 production line. It is expected that inventory levels will begin to pull back around month-end.

The overall center of wafer prices shifted to 0.88 yuan/piece. There have been significant additional production cuts for 183N solar cells [SMM Silicon-based PV Morning Meeting Summary]

BYD M9 model to debut in Mexico in late June

[6.24 Lithium Battery News]
► China Automobile Dealers Association of All-China Federation of Industry and Commerce: Calls on Automobile Producers to Optimize Rebate Policies and Shorten Rebate Payment Periods
► Ford Motor Company Recalls Nearly 200,000 EVs
► Shenzhen Senior Technology Material: The invested company, Xinyuanbang, has already achieved a hundred-mt-level capacity and ten-mt-level shipments of oxide electrolytes
► Guangzhou: Aims to Have Over 90% of New Intelligent Connected Vehicles at L2 Level (Inclusive) and Above by 2027
► Easpring Technology: Multiple Electrolyte Products Have Been Certified and Introduced by Downstream Leading Battery Producers and Automakers
► BYD Responds to Rumors Such as "Solid-State Batteries to Be Equipped on Seal Car Model": False Information

[6.24 Lithium Battery News]

[BYD responds to rumors such as "solid-state battery will be equipped on the Seal car model": false information] In response to rumors such as "solid-state battery will be equipped on the Seal car model", BYD responded today that this was false information, stating, "Currently, everything is unknown. Neither the first car model nor the parameters have been officially reported." Recently, there have been reports in the market that BYD's solid-state battery will be equipped on the Seal car model, with an energy density of 400Wh/kg and the ability to travel 1,500 kilometers after a 12-minute charge. Previously, Sun Huajun, CTO of Shenzhen BYD Lithium Battery Co., Ltd., had revealed that BYD would initiate the mass demonstration and installation of all-solid-state batteries around 2027, and achieve large-scale application after 2030.

BYD Denies Solid-State Battery Integration in Seal

Recently, an announcement was made on Pengsheng Technology's official account that the Lingbao Municipal People's Government in Henan Province had signed a contract with the company for a project to produce 300,000 lithium battery PACKs annually. The total investment for the project is 300 million yuan. It is reported that the project will establish a dedicated production line for 12C ultra-fast charging batteries, integrating a high-precision welding path automatic positioning system and a comprehensive thermal management detection module. This ensures that each battery supports rapid charging within 3-5 minutes while passing a 600℃ fire-resistant test, with a yield rate of 99.3%—higher than the industry average. Pengsheng Technology stated that with an annual production capacity of 300,000 lithium battery PACKs, it has the capability to provide energy solutions for 300,000 to 500,000 e-bikes. By utilizing a fully automated PACK assembly line, labor costs are reduced by 40%. Coupled with the direct supply of local copper foil raw materials in Lingbao, the overall cost is reduced by 25%.

Lingbao Signs Agreement with Pengsheng Technology to Build Lithium Battery Production Line

[G7 Countries in Europe and the United States Accelerate Investment in Large-Scale Graphite Mine Projects]
According to a report by Mining.com citing Bloomberg, in order to reduce external dependence, G7 countries are planning to strengthen cooperation to expand the supply of critical minerals.

G7 Accelerates Investment in Graphite Mine Projects

[Syrah Restarts Graphite Mine in Mozambique]
Melbourne, Australia — Syrah Resources Limited announced on Thursday that it had resumed production at its 350,000 mt/year natural graphite project in Balama, Mozambique.

Syrah Restarts BAK Balama Graphite Mine in Mozambique

[US ITC Issues Final Determination Under Section 337 for Rechargeable Batteries and Components Thereof, Terminating Investigation into Some Chinese Companies] On June 20, the US International Trade Commission (ITC) issued a notice stating that it had made a final determination under Section 337 for certain rechargeable batteries and components thereof: Based on the settlement, the investigation into the named respondents Realion (Shenzhen) New Energy Technology Co., Ltd. (Preliminary Determination No.30) and the Suzhou Branch of Ruoguo New Energy Technology (Jiangsu) Co., Ltd., as well as RNG International Inc. of Ontario, CA, US (Preliminary Determination No.31), was terminated.

US ITC Terminates Investigation into Batteries of Some Chinese Enterprises

SMM ONLINE WEBINAR: Navigating the Commodities Landscape in the Energy Transition: Short & Medium-Term Investment Insights

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

Category	Price Description	Price Range	Avg	Change	Date
Raw Materials	Battery-Grade Lithium Carbonate CNY/mt	59300-60600	59950	-450	Jun 23
Raw Materials	Battery-Grade Lithium Hydroxide (Coarse Particles) CNY/mt	57790-59750	58770	-250	Jun 23
Cathode material	LFP (Mid-End, For NEV) CNY/mt	29600-30750	30175	-175	Jun 23
Battery separator	Wet-process Base Film（9μm） CNY/㎡	0.68-0.8	0.74	0	Jun 23
Electrolyte	LiPF6 (Domestic) CNY/mt	49800-53600	51700	-300	Jun 23
Electrolyte	Electrolyte (For LFP Battery) CNY/mt	14900-21000	17950	0	Jun 23

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