At 10 a.m. on March 28, the side-blown furnace of Jiangxi Jiangtong Tongxin Environmental Protection Resource Comprehensive Utilization and Environmental Protection Equipment Manufacturing Phase II Project was successfully ignited, marking the full commissioning of Jiangxi Copper Group’s first full-chain project for solid waste resource utilization and environmental protection equipment manufacturing.

According to data from Solarbe Consulting's price tracking, polysilicon prices declined slightly last week, with the average prices of N-type recharged, dense, and granular polysilicon being 39,200 yuan/mt, 35,600 yuan/mt, and 37,000 yuan/mt, respectively. Recently, polysilicon producers have continued to reduce their production schedules, and the issue of inventory backlog among polycrystalline silicon producers has become prominent, making it difficult to reverse the downward price trend in the short term. Prices in the wafer and solar cell segments have remained stable. In terms of PV modules, prices in the PV industry chain have rebounded since March. Despite the passing of the "430" installation rush period, the installation enthusiasm in May has not yet subsided. However, industry insiders generally believe that this price rebound is essentially just a temporary recovery amidst the interplay of industry supply and demand and market dynamics. As the installation rush subsides, the market price of modules has already shown a downward trend.

Zijin Mining Group: 2024 Net Profit Up 52% YoY, Resource Reserves, Production, and Operating Metrics of Key Minerals Such as Copper and Gold Hit Record Highs. Amid the soaring prices of gold and copper, Zijin Mining Group Co., Ltd. released its 2024 annual performance report on the evening of March 21. The resource reserves, production, and operating metrics of key minerals such as copper and gold reached new historical highs, with a net profit attributable to the parent company of 32.1 billion yuan, up 52% YoY. Zijin Mining plans to implement a 2024 annual cash dividend of 7.44 billion yuan, combined with the already completed semi-annual cash dividend of 2.66 billion yuan.

[How Will Ultra-High Voltage Investment Continue to Contribute to Zinc Consumption in 2025?] In 2024, the headquarters of the State Grid Corporation of China is expected to conduct ultra-high voltage project procurement in 26 batches, including 8 batches of equipment procurement, 6 batches of material procurement, and 12 batches of service procurement. By the end of 2024, ultra-high voltage equipment procurement will have reached a cumulative total of 27.16 billion yuan...

**【SMM Shanghai and Other 1# Lead Markets: Shanghai Lead Peaks Then Falls, Strong Wait-and-See Mood in the Spot Market】** SMM Report on November 14: In the Shanghai market, Honglu lead was priced at RMB 16,985-17,015 per tonne, with quotes of a discount of RMB 30-0 per tonne against the SHFE Lead 2412 contract; in the Jiangsu and Zhejiang regions, Tongguan and Jiangtong lead were reported at RMB 16,985-17,015 per tonne, also with quotes of a discount of RMB 30-0 per tonne against the SHFE Lead 2412 contract. After peaking, Shanghai lead prices fell, reversing yesterday's strong momentum, and holders began to sell as prices moved.....

[SMM Shanghai and Other Grade 1# Lead Markets: Shanghai Lead Surpasses 17,000 Yuan per Ton While Spot Transactions Relatively Weaken] SMM, September 26th: In the Shanghai market, Jijin lead was quoted at 16,770-16,800 yuan per ton, flat-water pricing against the SHFE lead 2410 contract; in Jiangsu and Zhejiang regions, Jiangtong lead was quoted at 16,770-16,820 yuan per ton, with a premium of 0-20 yuan per ton against the SHFE lead 2410 contract. Shanghai lead rallied strongly and surpassed the 17,000 yuan per ton threshold again in the morning session. Holders sold in line with the trend, and warehouse receipt prices remained largely unchanged...