Hongyuan Green Energy has signed a restructuring investment agreement to acquire control of Wuxi Suntech Solar Power. Utilizing a 'new entity plus asset transfer' structure, Hongyuan will invest CNY 630 million for a 63% stake in the newly formed 'New Suntech', effectively isolating the original entity's massive historical debts. The acquisition grants Hongyuan access to Suntech's established global brand, international sales channels, and 7.5 GW of combined cell and module manufacturing capacity, which it plans to upgrade to n-type 'TOPCon' technology.
Mar 27, 2026 09:18[Dual Momentum in the Magnesium Industry: Coordinated Empowerment of New Development Through Salt Lake Resource Security and Breakthroughs in End-Use Applications] As one of the lightest known structural metallic materials, magnesium combines outstanding properties such as light weight, high strength, and high thermal conductivity, making it a core strategic material supporting industrial upgrading in sectors such as automotive lightweighting and new energy materials. China’s magnesium industry is advancing on two fronts, simultaneously promoting breakthroughs in end-use application technologies and securing raw material supply, overcoming bottlenecks in industrial development and supporting the high-quality development of the magnesium industry.
Mar 26, 2026 20:25On March 25, the commissioning ceremony for the waste battery material recycling project of Guangzhou Youmei Recycling Technology Co., Ltd. was held in Baiyun, Guangzhou. As Guangzhou's first waste battery material recycling project, its commencement of production will provide a stable supply of recycled resources for the new energy industry in South China and across the nation. It also represents a crucial step for GAC Group in perfecting its green industry chain and responding to the national "dual carbon" strategy.
Mar 26, 2026 17:39[SMM Aluminum Express News] Vietnam and Russia have signed an agreement in Moscow to develop Vietnam’s first nuclear power plant following talks between Prime Minister Pham Minh Chinh and Prime Minister Mikhail Mishustin. The project includes two nuclear plants with a combined capacity of 400MW in former Ninh Thuan province (now Khanh Hoa), marking a major step in Vietnam’s long-term energy diversification strategy. The agreement is expected to strengthen cooperation in high technology, research, and industrial development, while supporting Vietnam’s rapidly rising electricity demand. The Government estimates that power consumption will increase by 12-13percent in 2025 and reach 1,200 billion kWh by 2045
Mar 26, 2026 17:39According to industry sources on the 25th, the French government announced the launch of the “France Batterie” alliance at the gigafactory of Automotive Cell Company (ACC) located in Billy-Berclau, northern France. ProLogium Technology, a solid-state battery company backed by investments from POSCO and EV Advanced Materials, has joined the alliance.
Mar 25, 2026 17:08On the 25th at POSCO Center in Seoul, POSCO Future M signed a memorandum of understanding (MOU) with Kumho Petrochemical and BEI for the joint development of anode-free lithium metal battery technology. The anode-free lithium metal battery under development eliminates the use of an anode material, enabling a 30–50% increase in energy density by utilizing the additional space within the battery.
Mar 25, 2026 17:07SMM will update its Alumina Monthly Cost Model from January 2026, incorporating VAT into bauxite costs and discontinuing certain regional indicators.
DataFeb 3, 2026 15:55Dear Valued Client, To keep pace with the rapid development of the secondary copper industry and meet the market's need for in-depth analysis of the recycling industry and the supply-demand pattern of copper cathode, our company has conducted a deep optimization of our data models. We are now systematically upgrading and adjusting the standards and content of monthly supply-demand balance data related to China's copper scrap, with the following treatment applied to historical data: I. Adjustments Made The following data points have been newly launched: "Copper Scrap New and Old Scrap Production: Domestic Old Scrap: Annual", "Copper Scrap New and Old Scrap Production: Domestic New Scrap: Annual", "Copper Scrap New and Old Scrap Production: Domestic Copper Scrap: Annual", "Copper Scrap New and Old Scrap Production: Domestic Old Scrap - Forecast: Annual", "Copper Scrap New and Old Scrap Production: Domestic New Scrap - Forecast: Annual", and "Copper Scrap New and Old Scrap Production: Domestic Copper Scrap - Forecast: Annual"—a total of six new data points. (Access path for new data: Database - Copper - Copper Scrap - Production - Domestic Copper Scrap Production) II. Historical Data Processing The following four historical data series will cease to be updated starting from December 2025: "Domestic Copper Scrap Supply (Metal Content), ID: a10031747", "SMM Domestic Copper Scrap Supply: YoY, ID: a10031748", "Domestic Copper Scrap Supply (Metal Content) - Forecast, ID: a12731971", and "SMM Domestic Copper Scrap Supply YoY - Forecast, ID: a12731972". Going forward, the new standards will be uniformly applied for data releases, with the revised data traceable back to 2020. Should you have any questions, please feel free to contact the SMM customer service team at any time. Thank you for your continued support and trust! III. Effective Date February 1, 2026 SMM Information & Technology Co., Ltd. SMM Copper Research Team Liang Kaihui, 86-21-5159-5826 January 22, 2026
DataJan 22, 2026 15:31Dear Users, To optimize the data structure and enhance your data retrieval and analysis efficiency, we will adjust the classification hierarchy of "Magnesium" data in our Database Pro, effective from February 1, 2026. Before Adjustment: After Adjustment: Reason for Adjustment: Sustained Growth in User Attention: We have observed that in recent years, user query frequency, analysis depth, and attention to magnesium-related data have significantly increased. This adjustment aims to respond to your needs, making the classification structure more aligned with your usage habits and enabling easier access and retrieval of relevant data. Impact and Recommendations for You: • Change in Data Access Path: After the adjustment, you can directly locate the "Magnesium" category under the Minor & Precious Metals classification directory in the database, without needing to access it through the "Minor Metal" category. • This adjustment will not result in any loss of historical data, nor will it affect data usage permissions it only changes the classification hierarchy. We believe this adjustment will provide you with a clearer and more efficient data service experience. We sincerely apologize for any inconvenience caused by this adjustment and greatly appreciate your understanding and support. SMM Information & Technology Co., Ltd. January 22, 2026
DataJan 22, 2026 13:54
