Raw material side, lithium carbonate prices rose somewhat this week, while nickel sulphate and cobalt sulphate prices fell steadily.

"Tin" Leads the Future: Industrial Transformation and Value Reshaping in the New Cycle Conference Background Currently, the global tin industry stands at a historic turning point. Traditional cyclical logic has been completely disrupted, and its strategic value is being fully highlighted. In 2026, the tin market is presenting an unprecedentedly complex pattern and profound transformation: I. Deep Restructuring of Supply-Demand Patterns with Unprecedented Strategic Importance The global static reserve-to-production ratio for tin resources stands at only 14 years, underscoring growing scarcity. The supply side faces "triple pressure": repeated setbacks in Myanmar’s production resumptions, persistently tightening policies in Indonesia, and high geopolitical risks in the DRC—resource constraints have become the new normal. Meanwhile, the demand structure is undergoing a fundamental shift, with tin now a strategic resource bridging traditional manufacturing and the digital future. II. Price Systems Breaking Historical Records and the Industrial Ecosystem Facing Reshaping In early 2026, SHFE tin prices surpassed 470,000 yuan/mt, reaching an all-time high. This price breakthrough not only reflects supply-demand imbalances but also signals a revaluation of the tin industry. Traditional trading models, risk management systems, and supply chain collaboration methods all urgently require innovative breakthroughs. III. Technology-Driven and Green Transition Foster a New Symbiotic Ecosystem Digital and intelligent technologies are deeply empowering the tin industry chain, while the global green transition demands a shift toward low-carbon practices and a circular economy. Recycled tin recovery and green smelting processes have become essential paths. All segments of the industry chain must move from competition to collaboration, building an open, resilient, and innovative symbiotic system. Against this backdrop, August 19-21, 2026, in Changsha, Hunan, the 2026 SMM (16th) Tin Industry Chain Conference will bring together global industry elites for in-depth discussions. Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. will attend this grand event, engaging with industry peers to explore development trends and jointly propel the tin industry to new heights. Click the registration form to sign up now and join us in witnessing and participating in this landmark, far-reaching industry gathering. Together, let us create a brilliant new chapter! Founded in 2005, Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. is located in Huogudu, Zhadian Town, Gejiu City, Honghe Prefecture, Yunnan Province. With a registered capital of 150 million yuan and over 450 employees, its business scope covers nonferrous metal tin smelting, processing, and sales. The company is equipped with electric furnace crude smelting, bimetallic electrolytic wet process, vacuum furnace, and electric heating continuous melting crystallizer pyrometallurgy refining tin processes, with an annual refined tin (Sn99.95%) production capacity of 6,000 mt. Its "Yunxiang" brand tin ingot is a delivery brand on the Shanghai Futures Exchange. The company holds 46 patents and has been honored with titles such as “National Demonstration Base for Employment of Persons with Disabilities,” “Yunnan Province Specialized, Sophisticated, Distinctive, and Innovative Enterprise,” “Yunnan Province High-Tech Enterprise,” “Yunnan Province Innovative Enterprise,” and “Gejiu City Top 50 Enterprise.” Its corporate bank credit rating is AAA, and it is designated as a price submitter for tin ingot prices by SMM and the International Tin Association. The company ranks among the top ten enterprises in China’s tin smelting industry, with high product recognition, strong social credibility, and significant market share. Established in 2005 and located in Huogudu, Zadian Town, Gejiu City, Honghe Prefecture, Yunnan Province, Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. boasts a registered capital of RMB 150 million and has over 450 employees. The company specializes in the smelting, processing, and sales of nonferrous metal tin. Its production facilities include electric furnace smelting, bimetallic electrolysis hydrometallurgical processes, vacuum furnaces, and electrothermal continuous melting and crystallization machines for pyrometallurgical refining of tin. With an annual production capacity of 6,000 mt of refined tin (Sn99.95%), the company’s "Yunxiang" brand tin ingots are listed as a deliverable brand on the Shanghai Futures Exchange. Gejiu Yunxin holds 46 patents and has been recognized with numerous honors, including the "National Demonstration Base for Employment of Persons with Disabilities," "Yunnan Province Specialized, Sophisticated, Distinctive, and Innovative Enterprise," "Yunnan Province High-Tech Enterprise," "Yunnan Province Innovative Enterprise," and "Gejiu City Top 50 Enterprise." Its corporate bank credit rating is AAA, and it is designated as a price submitter for tin ingot prices by SMM and the International Tin Association. The company ranks among the top ten enterprises in the domestic tin smelting industry, with high product recognition, strong social credibility, and significant market share. Contact Shen Yongji 18608779826 Long press to scan and register now 2026 SMM (16th) Tin Industry Chain Conference

Recently, the steel-coke integrated clean energy project of CIMC Enric in Liupanshui City, Guizhou Province, officially went into operation. Relying on local steel industry resources, the project has achieved efficient and resource-based utilization of coke oven gas, producing fuel cell-grade high-purity hydrogen and clean energy LNG on a large scale, injecting new momentum into the expansion of the hydrogen energy industry and the development of comprehensive clean energy utilization in south-west China. The project, controlled by CIMC Enric and solely invested and constructed by its subsidiary CIMC New Energy (Liupanshui) Technology Co., Ltd., relies on the industrial coke oven gas from Shougang Shuicheng Steel (Group) Co., Ltd. as the core production raw material to specially produce blue LNG and 99.999% high-purity blue hydrogen , achieving green and high-value-added conversion of industrial tail gas. The overall project total investment of 808 million yuan , with a construction period of 12 months and a planned site area of 248 mu. After reaching full production, it is expected to achieve an annual output of approximately 140,000 mt of LNG and annual production of 24 million Nm³ of high-purity hydrogen , with considerable capacity scale and outstanding industrial benefits. It is reported that this project is an important piece in CIMC Enric's integrated steel-coke industry layout. Currently, the enterprise already has two similar projects, at Ansteel Bayuquan and Lingsteel, operating stably. Meanwhile, three new projects are in the early preparation stage. The industry layout covers domestic provinces such as Liaoning, Guizhou, and Sichuan, and extends to overseas markets in Southeast Asia. As of now, the company's total operating integrated steel-coke projects are expected to achieve an annual production capacity of 48 million Nm³ of hydrogen, 420,000 mt of LNG, and 80,000 mt of liquid ammonia, with the advantages of large-scale industrial clusters gradually becoming prominent. The Liupanshui project was implemented entirely relying on CIMC Enric's proprietary core technologies and complete equipment systems. Throughout the entire process of production, liquefaction, storage and transportation, distribution, and end-use applications, it is equipped with the enterprise's self-developed LNG storage tanks, cryogenic liquefaction equipment, hydrogen compression units, and a plant-wide DCS intelligent control system, achieving digitalized and refined control over the entire production chain. Meanwhile, the project received integrated comprehensive construction services from CIMC Enric Engineering Technology Co., Ltd., fully leveraging the company's technical barrier advantages in core processes and key equipment, to create a high-quality, innovative clean energy comprehensive demonstration project, precisely aligning with Guizhou Province's "Rich Ore Refined Development" policy and helping to upgrade and expand the regional clean energy industry. The high-purity hydrogen produced by this project fully meets fuel cell-grade application standards , with significant industrial empowerment value. On the one hand, it can steadily provide low-cost, high-quality hydrogen sources for industrial enterprises in the region such as precious metal processing and semiconductor manufacturing, ensuring the hydrogen demand of local high-end manufacturing industries. On the other hand, it will strongly support the construction of Liupanshui as a hydrogen energy demonstration city, helping to deploy new application scenarios such as gas-hydrogen-electricity integrated energy service stations and hydrogen combined heat and power. The project will also become a core hydrogen supply node in the "Yu-Qian-Gui" Hydrogen Corridor , improving China's industrial by-product hydrogen purification and hydrogen source supply system, and laying a solid foundation for building a cross-regional supply and sales framework of "Guizhou Hydrogen, Guangdong Sales" and establishing channels for the entire hydrogen energy industry chain in the future. Currently, Liupanshui City has built a diversified, multi-scenario hydrogen downstream consumption system, with remarkable results in the commercialization and application of hydrogen energy. Since 2025, 100 49-mt-class hydrogen heavy-duty trucks and 4 8.6-metre hydrogen fuel cell buses have been put into use locally. At the same time, the first hydrogen fuel cell locomotive in south-west China has been deployed and completed trial operation, filling the industrial gap in hydrogen railway freight in south-west China. At this stage, Liupanshui continues to broaden the application boundaries of hydrogen energy, covering heavy-duty truck transport, sanitation operations, cold chain logistics, and railway freight—various livelihood and industrial sectors—while actively exploring cutting-edge application tracks such as hydrogen metallurgy and hydrogen-based chemicals, striving to build a comprehensive and multi-level hydrogen industry ecosystem.

Following intensive project announcements in seven provinces and regions including Ningxia and Jiangxi, a new wave of lithium battery recycling projects has seen concentrated implementation in Hunan, Zhejiang, Yunnan, Hubei, Anhui, Shandong, and other areas. This batch of eight projects covers Huzhou, Wenzhou, and Changxing in Zhejiang, Taihe in Anhui (two sites), Lixian in Hunan, Yongping in Yunnan, Hanchuan in Hubei, and Linyi in Shandong. The planned annual processing capacity totals over 270,000 mt (excluding second-life applications and PV modules), with total investment exceeding 2.5 billion yuan. The categories cover end-of-life lithium battery packs, scrap electrodes, and second-life application production lines, further expanding the lithium battery recycling capacity footprint into the central-western and Yangtze River Delta hinterlands.

The supporting implementation rules for Ministry of Industry and Information Technology (MIIT) Order No. 73 have been fully rolled out. The cost ceiling for repairing or replacing LFP batteries is set at 150 yuan/kWh, and for ternary lithium batteries at 180 yuan/kWh—meaning the once-common practice of "replacement instead of repair" costing tens of thousands of yuan has become a thing of the past. For the chemical and materials industry, however, a far more significant signal than the repair price cuts lies buried in another detailed rule: the residual value of end-of-life batteries belongs to the vehicle owner and can be transparently deducted from repair costs. What appears to be a consumer-friendly policy designed to benefit vehicle owners in fact installs a "compliant raw material engine" for the entire rare and precious metal recycling industry chain. In the past, large volumes of end-of-life batteries flowed into the black market due to opaque repair practices, causing valuable lithium, cobalt, and nickel resources to be lost in crude smelting processes. Now, for the first time, the ore veins of this "urban mine" are being systematically channeled through formal repair channels to compliant chemical recycling enterprises. From a resource strategy perspective, the improvement of the power battery repair and recycling system is essentially the construction of a flowing "urban mine." According to MIIT data, in 2024, China's comprehensive utilization of power batteries reached 301,000 mt, from which 2,000 mt of lithium metal, 2,000 mt of cobalt, and 5,000 mt of nickel were extracted, equivalent to 4%–7% of the resources required for power battery production during the same period. This proportion may appear modest, but the growth curve is extremely steep. The State Administration for Market Regulation estimates that by 2030, the market size of power battery recycling in China will surpass 100 billion yuan, at which point recycled metals will account for a substantially higher share of power battery raw material supply. Compared with the long process of ore mining, beneficiation, and smelting, battery regeneration and extraction technologies consume significantly less energy, generate markedly lower carbon emissions, and reduce dependence on imported ore resources. It is worth noting that the large-scale recycling of end-of-life LFP batteries is also accelerating. Although the LFP chemistry contains no high-value metals such as cobalt or nickel, the recovery value of the lithium element is becoming increasingly prominent. Institutions including the Guangzhou Institute of Energy Conversion under the Chinese Academy of Sciences have developed a Joule-heating shock-activated water leaching technology that has achieved a lithium leaching rate exceeding 99%, while the leaching tailings can be synergistically upgraded to produce high-energy-density cathode materials, further improving resource utilization efficiency across the entire system. Overall, this new maintenance regulation is not an isolated consumer-side policy but a critical link in the entire power battery recycling industry chain — front-end maintenance standardizes the export of end-of-life batteries, mid-end recycling ensures the collection of rare and precious metals, and back-end metallurgy achieves closed-loop resource regeneration. As compliance across the entire chain deepens, China’s circular supply capacity for rare and precious metals will continue to be released.

Guangdong is a core hub of China’s wire and cable industry cluster, with a well-established industry chain, distinct locational advantages, and market reach extending across South China, Hong Kong, Macau, and Southeast Asia. The sector currently faces both opportunities and challenges: new energy and infrastructure markets outside China are expanding the space for going global, yet fluctuations in copper and aluminum raw materials, capacity homogenization, and low-price involution are squeezing corporate profits. Digital and intelligent upgrading has thus become the key to breaking through. will be held from July 14 to 15, 2026 at the Wyndham Hotel in the Guangzhou Design Capital, Guangdong . SMM , in partnership with Luoyang Sanwu Cable Group Co., Ltd. , invites you to attend. Leveraging entire industry chain data and in and outside China resources, the summit will focus on market analysis, transformation and upgrading, supply-demand matchmaking, and empowerment for going global, helping local enterprises enhance quality and expand markets while driving high-quality, internationalized development in the regional wire and cable industry. Click to . We look forward to meeting you at the summit. Sanwu Cables Reach Across the Seas Conductors and Wires Connect the Continents Luoyang Sanwu Cable Group Co., Ltd. (“Sanwu Group” for short, formerly Luoyang Sanwu Cable Co., Ltd.) was established in 2016 and now has over 600 employees. It is a mixed-ownership group enterprise integrating science, industry, and trade, headquartered in the Guobao Building in Luoyang, with three manufacturing entities and one trading company under its umbrella. Its production site is in the East Park of the Yichuan Advanced Manufacturing Development Zone, covering over 300 mu of land, with workshop space exceeding 150,000 m² and total annual capacity of more than 700 kt. Sanwu Group pursues a diversified development strategy rooted in specialization. Its main products include electrical round aluminum rod series, overhead conductor series, cable series, and deoxidized aluminum products series. These four product lines are mutually reinforcing, forming a solid business ecosystem. Sanwu products are widely used in electric power, transportation, new energy, metallurgy, petrochemicals, national defense, and urban construction. Its domestic clients include over 30 state-owned enterprises, central state-owned enterprises, and publicly listed firms, while its export markets have expanded to 37 countries and regions, 15 of which—including the Philippines, Singapore, Australia, Chile, and Kazakhstan—lie along the Belt and Road route. Sanwu Group’s subsidiaries have successively passed the “three-system” certification. All product series comply with IEC, ASTM, BS, and other international electrotechnical standards and authoritative detection requirements. The group has been recognized as a National High-Tech Enterprise, a Green Factory, a technology-based small and medium-sized enterprise, a provincial-level specialized and sophisticated small and medium-sized enterprise, and a Gazelle Enterprise. Its detection center collaborates deeply with Longmen Laboratory and has been accredited as a provincial engineering technology center and enterprise technology center. The group currently holds 10 inventions, 39 utility model patents, and 12 software copyrights, has contributed to the formulation of national standards, and has received a scientific and technological achievement evaluation report rating as domestically leading. It serves as the honorary chair organization of the Henan Electrical Industry Association and is an industry-academia-research base for Henan University of Science and Technology, Henan Institute of Technology, and Luoyang Institute of Science and Technology. Since 2023, it has been consistently listed among the top 100 enterprises in Luoyang, and in 2025, it was listed among the top 100 enterprises in Henan. Contact Information SMM Conference Contact Chen Bo 183 7089 1981 chenbo@smm.cn