Financials: In Q2, Fortescue's C1 cash cost was $16.29/wmt (based on Pilbara hematite), down 7% MoM and 12% YoY. The average C1 cost achieved for the 2025 fiscal year was $17.99/wmt, down 1% YoY.

The SVOLT's semi-solid-state battery not only marks a significant breakthrough in SVOLT's solid-state battery technology, but will also serve as the dedicated power source for the next-generation MINI ...

China Valin Cable announced on July 22 that it had recently secured contracts worth approximately 557 million yuan in the nuclear power and electricity, mining, rail transit, and metallurgical sectors ...

News: According to the official announcement from Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 mt of crude selenium in July 2025. The pricing will be based on the average price of ...

In east China, the operating rate of electric furnaces this period was 40.6%, up 1.1% from the previous period. One additional electric furnace mill resumed production this period, mainly due to the ...

[SMM Morning Comment on Zinc] Overnight, SHFE zinc stopped rising and started to fall, with the KDJ opening narrowing. Overnight, zinc prices briefly broke through 23,000 yuan/mt again, but the upward ...

New Round of China-US Trade Talks on the Horizon, Copper Prices Hold Up Well] On July 23, spot #1 copper cathode against the August 2508 contract was quoted at a premium of 120-240 yuan/mt, with an ...

Bulls Increased Their Positions, LME Zinc Recorded a Five-Day Winning Streak] Overnight, LME zinc recorded a five-day winning streak, with various moving averages below providing support and the upper ...

[SMM Magnesium Morning Meeting Summary: Strong bullish sentiment, magnesium prices remain firm today] The current magnesium ingot market is showing an upward trend at highs. Under the high-temperature ...

Overnight, LME lead opened at $2,013/mt, fluctuating downward during the Asian session to a low of $2,000.5/mt. It rebounded and gained ground during the European session, reaching a high of $2,036/mt ...

Overnight, LME lead opened at $2,013/mt, fluctuating downward during the Asian session to a low of $2,000.5/mt. It rebounded and gained ground in the European session, reaching a high of $2,036/mt in ...

Fund Sentiment Cools, Aluminum Prices Fall Back from Highs] Overall, on the macro side, overseas tariffs have been successively confirmed and are lower than previously, reducing uncertain risks and ...