[Domestic Iron Ore Brief Review: Iron Ore Concentrate Prices in Shandong Region May Fluctuate Downward] This week, the ex-mine price of 64-grade alkaline iron ore concentrates (dry basis, tax-exclusive, acceptance) from leading mines in Shandong was reported at 855 yuan/mt, down by 21 yuan/mt. Some local mines halted production for maintenance, executing long-term contracts with inventory, while most other mines maintained normal production.

SMM Weekly Review: Cobalt prices remained stable this week. Cobalt prices were stable this week. From the supply side, the cobalt smelters are operating steadily due to delivery orders. From the downstream demand perspective, there are some signs of pre-loading for lithium cobalt oxide demand, with few new orders this week. In terms of market conditions, despite some exploratory price increases in the previous period, there are still some deliveries downstream. However, with high inventory levels from the previous period, limited short-term additions, and weak market sentiment, there is a possibility of fluctuation and downward movement in cobalt prices in the future.

Lithium Manganese Dioxide Weekly Review: Cost Support Strengthens, Lithium Manganese Dioxide Market Prices Increase This week, the price of SMM lithium manganese dioxide (capacity type) is 36,000-40,000 yuan/ton, an increase of 1,500 yuan/ton. This week, the price of lithium carbonate on the raw material side has slightly increased, and the prices quoted by lithium salt plants and traders remain strong...