- Dec5
- 12:10
--
[SMM Nickel Flash] SMM December 5: According to SMM, a domestic high-grade NPI ex-factory price of 910-920 yuan/nickel unit was recently observed, with a weekly trading volume totaling 6,000 mt. Nickel content: 8-12%, delivery scheduled before December 2025 month-end.
- 12:07
--
[SMM Nickel Flash]SMM, December 5: According to SMM, some Indonesian high-grade NPI was recently transacted at a landed price of 900-910 yuan/nickel unit, with a total market transaction volume of 8,000 mt. Nickel content: 10-13%, delivery scheduled before the end of December 2025.
- 11:40
--
According to SMM data, as of December 4, the weekly new orders of enamelled wire enterprises decreased by 5.51 percentage points WoW. Copper prices broke through the 90,000 yuan/mt mark and continued to climb higher, while downstream purchase willingness remained sluggish. The enamelled wire industry has returned to a downturn, and the industry's operating rate is expected to drop significantly next week.
- 11:11
--
On December 5, the SMM #1 refined nickel price was 117,400-122,700 yuan/mt, with an average price of 120,050 yuan/mt, down 350 yuan/mt from the previous trading day. The mainstream spot premium quotation range for Jinchuan #1 refined nickel was 4,800-5,000 yuan/mt, with an average premium of 4,900 yuan/mt, unchanged from the previous trading day. The spot premium and discount quotation range for mainstream domestic brands of electrodeposited nickel was -200-400 yuan/mt.
- 11:10
--
Today, the central bank conducted 1,000 billion yuan in outright reverse repo operations using a fixed-amount, interest-rate tender, and multiple-price award method, with a maturity of three months (91 days), to maintain ample liquidity in the banking system. Data showed that 1,000 billion yuan in three-month outright reverse repos matured in December, and according to the central bank's announcement, this month's operation was a full rollover.
- 11:01
Anglo Asian Mining Starts Selling Copper Concentrate from Demirli Mine to Trafigura
Anglo Asian Mining has entered into an agreement with Trafigura Group, commencing the sale of copper concentrate from its new Demirli mine. On November 3rd, Anglo Asian Mining signed a contract with Trafigura Group for the sale of copper concentrate produced at the Demirli mining site in Karabakh. Trafigura Group agreed to pay an advance of $25 million. In the latter half of November, Anglo Asian Mining made its first sale of copper concentrate to Trafigura Group, totaling 2,055 wet metric tons with a metal content of 351 tons.
- 10:31
Chile's Lithium Exports in Nov 2025: Carbonate Down, Sulfate Up
[November 2025 Chilean Lithium Carbonate Exports at 18,000 mt, Lithium Sulfate Exports at 10,132 mt] In November 2025, Chile exported 18,000 mt of lithium carbonate, down 28% MoM. Exports to China totaled 14,700 mt (down 9% MoM), to South Korea 2,259 mt, and to Japan 403 mt. From January to November 2025, Chile's total lithium carbonate exports reached 207,400 mt, down 6% YoY, with exports to China amounting to 151,800 mt (down 15% YoY). In November 2025, Chile exported 10,132 mt of lithium sulfate, all to China, up 493% MoM. From January to November 2025, Chile's total lithium sulfate exports were 82,000 mt, up 33% YoY.
- 10:30
Xingfa Group's Subsidiary Inks 80,000 mt/Year LFP Processing Pact with Qinghai FinDreams
[Xingfa Group: Subsidiary Signs 80,000 mt LFP Processing Agreement with Qinghai FinDreams] Xingfa Group announced that its wholly-owned subsidiary, Hubei Xingshun New Material Co., Ltd., signed the "LFP Entrusted Processing Agreement" with Qinghai FinDreams Industrial Co., Ltd. Under the agreement, Qinghai FinDreams entrusts Xingshun New Material to process and produce 80,000 mt per year of LFP products and will pay the processing fee. The agreement is valid for two years and can be automatically renewed for one year upon mutual consent.
- 10:26
National Lithium Battery Quality Inspection Center Passes Acceptance, Boasts Advanced Testing Capabilities
[National Lithium Battery Material and Product Quality Inspection and Testing Center Passes Acceptance] According to the State Administration for Market Regulation, the National Lithium Battery Material and Product Quality Inspection and Testing Center has recently passed the on-site acceptance review organized by the administration. As introduced by the relevant person in charge of the National Lithium Battery Quality Inspection Center, the center focuses on "serving industry needs" and has established a comprehensive testing system. It possesses over 1,000 CMA certifications and CNAS accreditations, and is equipped with high-end precision instruments such as field emission electron microscopes, electrochemical X-ray diffractometers, and adiabatic calorimeters, as well as large-scale key equipment including high-voltage and high-current charge-discharge testing systems, power battery crush and nail penetration testers, and walk-in low-pressure test chambers. This enables precise testing across the entire process, from "material microstructure analysis" to "battery safety performance verification." The testing scope covers the physical, chemical, and electrical properties of lithium battery materials (cathode, anode, electrolyte, separator), the performance and reliability of lithium batteries (consumer-grade, power-grade, ESS-grade), as well as the physical, chemical, and electrical properties of second-life batteries and recycled materials. This comprehensively meets t
- 10:09
--
East Coast Canning is preparing to roll out a new resealable aluminium can format in Australia and New Zealand after signing a partnership with Swedish packaging innovator Meadow. The deal will see the Australian company act as the regional gateway for the company’s MEADOW KAPSUL system, taking the technology into sectors well beyond its traditional beverage base. Under the agreement, East Coast Canning will supply printed cans alongside the KAPSUL system’s bespoke resealable components and dispensers. The arrangement is aimed at brand owners across food and drink, personal care, home care and other consumer goods categories, positioning the company as the local enabler of the technology’s expansion. Chris Kelly, co-founder of East Coast Canning, said, “We have been closely following MEADOW KAPSUL’s journey for nearly three years, recognising the immense potential of this transformative technology.” According to him, this would open business avenues for the players in the food and beverage, beauty, home and personal care. He added, “Our deep understanding of the canning supply chain, from printing to filling and consultation, makes East Coast Canning uniquely positioned to accelerate the adoption of this game-changing solution in Australia and New Zealand.”
- 10:06
--
Constellium announces the start-up of aluminium finishing lines at its Singen plant in Germany. This groundbreaking achievement in partnership with Lotte Infracell. The production of cutting-edge lines in a safe and sustainable environment is the result of the investment of EUR 30 million, announced in 2024. The project aims to supply high-quality aluminium foil stock in Europe for battery applications. Constellium executed it in collaboration with Lotte Infracell, a subsidiary of Lotte Aluminium. The equipment was installed after the construction of the new building in April 2025. The official production started when the first coil was successfully produced by the joint effort of the partnership in November 2025. The budget and duration were both within limit and the operations were carried out in a safe environment. The new setup includes the latest revolutionary edge trimming and packing lines. The production flow is optimised with logistics and buffer areas. The line can process dimensions up to 2,000 mm widths and 1.3 mm thicknesses. It exhibits high productivity in working for various market segments of aluminium coils. The new solar power system can approximately generate 760,000 kWh of renewable energy per year. Moreover, keeping in mind the safety protocols, the building has been provided with a fire protection wall that separates it from other facilities as well as a sprinkler system that covers production and truck loading zones.
- 10:03
--
Chris Bowen, the Federal Energy Minister of Australia, is reportedly pushing the Government agencies to secure a long-term power purchase agreement for Tomago Aluminium’s future. According to Chris Bowen, soaring electricity costs pose severe threat to the nation’s largest aluminium smelter, potentially leading it to shut its operations. He argues that Tomago’s survival ultimately lies in the grid with more renewable energy. Bowen confirmed government agencies are working to see if more renewable energy can be provided to Tomago. He reiterates Tomago’s opinion that there’s not too much but not enough renewable energy for the smelter. Tomago produces 40 per cent of Oceania’s aluminium, with a 590,000-tonne annual capacity. Its energy demand is enormous — 850 MW, or 12 per cent of New South Wales’ entire electricity load. More than 40 per cent of its operating costs are tied to power. A shutdown would instantly erase a third of regional supply, disrupting downstream industries and putting at risk thousands of direct and indirect jobs supported by one of the region’s largest employers.
- 10:02
--
According to foreign media reports, Constellium has successfully launched and put into operation its new finishing production line at its Singen plant in Germany. The €30 million ($35 million) project, a collaboration between Constellium and Lotte Infracell, a subsidiary of Lotte Aluminium, aims to provide high-quality aluminum foil raw materials for battery applications in Europe. Construction was completed in April 2025, followed by equipment installation and commissioning. In November 2025, the Singen plant successfully produced its first roll of product for Lotte Infracell certification, marking the official commencement of production.
- 10:00
--
In November 2025, Metro Mining's bauxite shipments reached 783,000 wet metric tons, a 6.5% increase month-over-month; year-to-date bauxite shipments reached 5.6 million wet metric tons. Despite challenges from Tropical Cyclone Fina and maintenance activities, the company remains on track to achieve its annual guidance of 6.2 million to 6.6 million wet metric tons.
- 09:57
--
To promote the green and low-carbon transformation and high-quality development of Datang in Shandong Province and to fully expand the path for large-scale development of new energy, Datang Shandong Company has strengthened its in-depth cooperation and industrial chain synergy with key local enterprises, and is determined to accelerate the transformation of resource endowment into economic advantages and development momentum. On December 1, Lin Yue, Secretary of the Party Committee and Chairman of Datang Shandong Company, held talks with Cui Lixin, Chairman of Shandong Innovation Group, and Zhang Xianqiang, General Manager. The two sides conducted in-depth exchanges on cooperation in green energy development and reached a consensus. Lin Yue introduced the production, operation and development of Datang Shandong Company, and stated that Shandong Innovation Group, as one of the world's largest aluminum alloy material production and R&D bases, provides strong support for the high-quality development of Datang Shandong Company and highly affirms the cooperation achievements of both parties in the energy field.
- 09:47
Domestic Aluminum Billet Inventory in Two Regions Drops to 76,000 mt on Dec 5, 2025: SMM
[SMM Daily Inventory of Aluminum Billet in Two Domestic Regions] On December 5, 2025, according to SMM statistics, the domestic aluminum billet inventory in two regions totaled 76,000 mt, with Guangdong at 24,500 mt and Wuxi at 51,500 mt, a decrease of 1,500 mt compared to the previous period.
- 09:31
--
The Tongxiang Municipal Bureau of Ecology and Environment has announced its intention to issue an approval opinion on the environmental impact assessment documents for the annual production capacity of 5.6 GWh new energy lithium battery manufacturing base construction project by Zhejiang Hongxin Lithium Battery Co., Ltd. (abbreviated as "Hongxin Lithium Battery"). The project is located in the Longxiang Industrial Park, Wuzhen Town, with Hongxin Lithium Battery as the construction unit. The total investment in the project amounts to 1 billion yuan, including 14 million yuan allocated for environmental protection. Upon completion, the project will achieve an annual production capacity of 5.6 GWh of new energy lithium batteries, providing robust support for Tongxiang's goal of building itself into an "Innovation Hub for Intelligent Connected Vehicles."
- 09:30
SMM Flash News: Secondary Aluminum Alloy Ingot Social Inventory Drops on Dec 5
【SMM Flash News】According to SMM statistics, the combined daily social inventory of secondary aluminum alloy ingots in Foshan, Ningbo, and Wuxi on December 5 totaled 49,486 mt, down 102 mt from the previous trading day and 299 mt WoW (November 28). (Inventory data has been updated on the data terminal at 9:00.)
- 09:28
--
Price fluctuations in the lithium battery material industry chain have become a key industry focus. Entering the final month of the year, the industry witnessed a round of concentrated price hikes. Two key materials, LFP and separators, sounded the horn for recovery. Top-tier LFP enterprises have/will raise processing fees by RMB 3,000 per tons (pre-tax), while leading enterprises in the separator industry announced a 30% price increase for their wet-process separator products.
- 09:25
--
Lopal announced that its controlled subsidiary, Liyuan (Asia Pacific), has signed a long-term procurement agreement with Sunwoda. The agreement stipulates that Liyuan (Asia Pacific) is expected to sell a total of 106,800 tons of LFP cathode material to Sunwoda from 2026 to 2030, with minimum procurement volumes and maximum supply quantities specified. Both parties have agreed to recalibrate the demand metrics every two years, with the adjusted demand not falling below the annual minimum procurement volume already stipulated in the agreement. Based on the estimated quantities and market prices, the total sales value of the contract is approximately RMB4.5–5.5 billion (final settlement will be based on actual sales orders).
- 09:24
--
Following the full ramp-up of Adani's Kutch Copper smelter (500kt capacity) in 2025, India's appetite for copper scrap has expanded dramatically. Latest data shows India's copper scrap imports surged over 60% year-on-year between May and September 2025, with major flows from the US and Saudi Arabia. Market analysts note that India is rapidly displacing Chinese buyers in certain segments, causing a structural shift in Asian scrap supply and forcing other buyers to raise premiums to secure material.
- 09:23
--
GAC Group announced the official completion and commissioning of the pilot production line for all-solid-state batteries. This production line has successfully established the entire manufacturing process for all-solid-state batteries, becoming the first to meet the conditions for mass production of 60Ah or higher vehicle-grade all-solid-state batteries, marking a critical step toward the goal of achieving all-solid-state battery installation in vehicles by 2026. Just as breakthroughs are being made in the industry, positive news has also emerged from the research sector. The recent proposal of the new concept of topology-reinforced anode by the Institute of Physics, Chinese Academy of Sciences, provides a novel approach to addressing the interfacial challenges of solid-state batteries at the material source, injecting confidence into the industrialisation process of the entire industry.
- 09:20
--
Under the coordinated promotion of Foxconn Technology Group, the "Sodium-Ion Cathode Material Project" jointly carried out by Rongtan Technology and the team from Central South University was successfully concluded, with the release of the new-generation sodium-ion battery cathode material "3S1." The project adopted the model of "industry demand-driven, industry-university-research collaboration," leveraging the complementary strengths of the three parties to jointly advance the new material from the laboratory to industrialisation.
- 09:19
Copper Prices Soar to Record, Hitting Cathode Rod Industry Hard
[SMM Copper Express] Copper prices hit another record high, significantly pressuring consumption in the copper cathode rod industry. According to SMM, after copper prices climbed to the 90,000 yuan/mt threshold, market trading activity dropped sharply, with enterprises generally only maintaining long-term contract deliveries, and some even reporting zero transactions within the day. Regarding processing fees, transaction prices for 8mm power rod processing fees fell to 200-300 yuan/mt, with trader offers as low as 0 yuan/mt. Enterprises indicated that copper prices continue to hover at highs, leading to inventory buildup of finished products, and they will further control production pace to destock.
The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:
SMM
Sign In
No data
Loading...
