Ganfeng Lithium, a leading Chinese lithium producer, recently announced that its subsidiary, Ganfeng LiEnergy, had entered into a partnership with Turkish company YIGIT AKU to establish a joint ventur...

【SMM Analysis: Turkey Signs Agreement on Its First GWh-Scale Energy Storage Power Station Project Scheduled for Operation in 2027 with Chinese Companies】SMM News on February 23: Recently, Turkey's Progresiva Energy Investments company signed an agreement with Harbin Electric International Engineering Co., Ltd. (HEI), a Chinese power plant equipment manufacturer, for the construction and financing of power storage facilities and wind farms. Turkish Vice President Fuat Oktay said at a ceremony in Ankara that the project will include Europe's largest energy storage facility with a total investment of $600 million. Oktay said the initial phase of investment has reached $375 million. About $300 million will be obtained from China through Harbin's company, and the remaining part will be financed by Progresiva through equity financing.

[SMM Zinc Morning Meeting Summary: US Manufacturing PMI Contracts, LME Zinc Center Moves Higher]: Overnight, LME zinc opened at $2,638.5/mt. After opening, LME zinc briefly stabilized and oscillated, dipping to a low of $2,627/mt during the period, before rising steadily and hitting a high of $2,707/mt near the close. It ultimately closed up at $2,693/mt, gaining $63.5/mt, or 2.41%. Trading volume increased to 13,705 lots, while open interest decreased by 536 lots to 213,000 lots. Overnight, as it was the Dragon Boat Festival holiday in China, SHFE zinc trading was suspended···

-

Malaysia-based LB Aluminium Bhd has put forward a notion to acquire a particular segment of freehold industrial land with constructions in Beranang, Selangor. The complete purchase might take RM30.41 million.

On August 13, FAW-Volkswagen's Qingdao branch signed a strategic cooperation agreement with UBTECH Robotics to explore the integration of humanoid robots into automotive manufacturing, the automaker a...