Latest Update in the China Cobalt Market

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on July 27, 2021

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on July 26, 2021

The National Development and Reform Commission (NDRC) and the National Energy Administration mentioned in a recently released official document that the innovative energy storage industry shall transform from early commercialization to scaled development by 2025, which will play a significant role in realising carbon peak and carbon neutrality.

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SMM New Energy Division Director Wang Tian and marketing consultant Yu Lei led the SMM staff and members of the delegation to visit Qinghai Salt Lake Lanke Lithium Co., Ltd. on July 21.

SMM’s New Energy Division Director Wang Tian and marketing consultant Yu Lei has visited Dongtai Jinai’er Lithium Resources on the morning of July 20.

From July 19 to 23, SMM New Energy Division Director Wang Tian and marketing consultant Yu Lei led the SMM staff and members of the delegation to visit raw material enterprises of lithium battery industry in Qinghai, in order to seek more in-depth cooperation. On the afternoon of July 20, SMM and the delegation group arrived at the third stop of the survey: Jin Kunlun Lithium Co., Ltd.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on July 23, 2021