Recently, the groundbreaking ceremony for the Jingshan 200 MW/400 MWh power-grid-side standalone ESS project, located in Duruan Town, Pengjiang District, was successfully held, marking the full commencement of construction on this key provincial and municipal new-type ESS power station project. As the province’s first energy storage project approved for national policy-based financial instruments, and also the country’s first 100-megawatt-class technical demonstration project for colloidal LFP ESS batteries, the Jingshan energy storage project has a total investment of over 500 million yuan, a total installed capacity of 200 MW/400 MWh, and covers an area of approximately 50 mu. It is located on the north side of the 220 kV Jingshan substation in Duruan Town. The commencement of the Jingshan energy storage project is an important measure by Pengjiang District to actively integrate into the city’s “13158” new-type industrial system.

Geopolitical conflict in the Middle East led to a blockade of the Strait of Hormuz, cutting off the global sulphur supply chain (China’s import dependence exceeds 50%, with the Middle East accounting for 56%). Sulphur prices surged to 4,395 yuan/mt, directly pushing up phosphate fertiliser costs. Rigid demand from spring ploughing provided support, but China’s policies to ensure supply and stabilise prices curbed phosphate fertiliser gains。

Li-ION BATTERY China 2025 Officially Announced and Scheduled

The SMM Lithium Battery Raw Materials Conference 2025 will be held in Xiamen on October 20-21, 2025, focusing on the critical challenges and opportunities in the supply chain of key battery raw materials such as nickel, cobalt, and lithium amid the global energy transition. The conference aims to analyze international policy shifts, supply-demand dynamics, and pricing mechanisms from multiple perspectives, fostering a more stable, transparent, and efficient industry chain. Key Topics Include: 1.Global Market Trends: Examining the impact of geopolitics, trade policies, and supply-demand imbalances on nickel, cobalt, and lithium pricing and supply chains. 2.SMM Pricing System: Interpreting the authoritative price formation mechanism and providing future trend forecasts. 3.Industry Chain Collaboration: Facilitating long-term contract negotiations and one-on-one business matchmaking to enhance upstream-downstream cooperation. 4.Technological Innovation: Exploring cutting-edge advancements in battery materials to support corporate strategic planning. Highlights: 1.Full Industry Chain Participation: Gathering global stakeholders, including resource extraction, refining, R&D, and end-use manufacturers. 2.Authoritative Market Insights: SMM will release in-depth analysis and price benchmarks for nickel, cobalt, and lithium. 3.Efficient Networking: Structured business matchmaking to promote long-term supply chain partnerships. 4.This conference will deliver forward-looking insights, empowering enterprises to navigate resource flows and market transformations while advancing the sustainable development of the global new energy industry chain.

[SMM News]: It is reported that on June 11, Beijing Automotive Group Co., Ltd. officially released the "Statement on Responding to the Automotive Industry's Call to 'Combat Cut-throat Competition' and Optimize Supply Chain Collaboration," introducing three groundbreaking supply chain management measures. This makes it the first automaker in China to explicitly prohibit the use of commercial acceptance bills and open itself up to public supervision. Meanwhile, SAIC also announced that, in order to actively implement the national policy decisions aimed at ensuring the stability of the industry chain and supply chain and promoting the high-quality development of the automotive industry, it would unify the payment terms for suppliers to within 60 days and refrain from using settlement methods such as commercial acceptance bills that increase the financial pressure on suppliers.

[SMM News]: It is reported that on June 11, Beijing Automotive Group Co., Ltd. officially issued the "Statement on Responding to the Automotive Industry's Call to 'Combat Cut-throat Competition' and Optimize Supply Chain Cooperation," introducing three groundbreaking supply chain management measures. This makes it the first automaker in China to explicitly prohibit the use of commercial acceptance bills and open itself up to public supervision. Meanwhile, SAIC also announced that, in order to actively implement the national policy decisions aimed at ensuring the stability of the industry chain and supply chain and promoting the high-quality development of the automotive industry, it would unify the payment terms for suppliers to within 60 days and refrain from using settlement methods such as commercial acceptance bills that increase the financial pressure on suppliers.