[SMM Analysis] The "Counter-Cyclical" Logic of Copper Smelting: When Sulfuric Acid Becomes the Main Product

[SMM Analysis]: Slower-than-Expected Progress in RKAB Approvals, Coupled with Disruptions from the Rainy Season in the Philippines and Indonesia, Drove Stronger Premiums Amid Regional Supply Uncertainty

[SMM Weekly Manganese Ore Review] Strong Cost Support Kept Spot Manganese Ore Prices Firm

Geopolitical Tensions Remained Unabated During the Week, and Copper Prices Fluctuated Within a Narrow Range in the Short Term [SMM Macro Weekly Review]

Secondary Lead Smelter Restarts Progressed Slowly, and Finished Product Inventories of Secondary Lead Declined Significantly This Week [SMM Weekly Review of Secondary Lead Inventory]