SNEC ES+ The 13th (2027) International Energy Storage and Battery (Shanghai) Conference & Exhibition 2027 June 2-4 , National Exhibition and Convention Center (Shanghai), China No. 333, Songze Avenue, Qingpu District, Shanghai Converging Ecosystem, Energizing Future Preface: "The 13th SNEC ES+ International Energy Storage and Battery (Shanghai) Conference & Exhibition" will be grandly held in Shanghai, China from June 2-4, 2027. From 15,000 m² at its first edition in 2007 to over 360,000 m² in 2026, the event has attracted more than 2,800 exhibitors from 95 countries and regions, with international exhibitors accounting for 30%. It has become the most influential international, professional, and large-scale energy storage event in China, Asia, and globally. The 13th SNEC ES+ International Energy Storage and Battery (Shanghai) Conference & Exhibition is the world's most professional energy storage exhibition, showcasing: international energy storage technology and smart power grid, energy storage technology, equipment and materials, ESS power station and EPC projects, new energy power generation grid connection and smart transmission/distribution, power grid dispatching and automation control, smart metering and electricity management, smart grid information communication, international NEVs and charging piles, EVs, power drive systems, key EV parts, auto design, charging facilities, etc., covering all segments of the energy storage industry chain. The SNEC Energy Storage Forum features diverse formats, including analysis of future market trends, cooperative development strategies, policy orientations across countries, cutting-edge technologies, and energy storage finance, providing the best opportunity to showcase achievements to the industry. We look forward to gathering global industry professionals in Shanghai, China, to collectively assess the energy storage markets in China, Asia, and worldwide from an industrial perspective, with a problem-solving approach, and jointly lead the path of industry innovation. Let us meet in Shanghai in June 2027! Schedule: Move-in: May 30, 2027, 13:30-18:00; May 31 & June 1, 2027, 9:00-20:00 Exhibition: June 2-3, 2027, 9:00-17:00; June 4, 2027, 9:00-14:00 Move-out: June 4, 2027, 14:00-24:00 Exhibition Categories: International Energy Storage Technology and Smart Power Grid Energy Storage Technology, Equipment and Materials: Compressed air energy storage, pumped hydro storage, superconducting magnetic energy storage, flywheel energy storage, thermal/cool storage, hydrogen storage, and other energy storage technologies/equipment/materials for plug-in EVs; various batteries (nickel–metal hydride battery, lithium-ion battery, lithium polymer battery, lead-acid battery, smart battery, sodium-sulfur battery), power supplies, supercapacitors, renewable fuel cells, flow batteries, etc. ESS Power Station and EPC Projects: BMS, PCS energy storage inverters, microgrids, EV battery swapping stations and related facilities C. New Energy Power Generation Grid Connection and Smart Transmission/Distribution: Grid-tie inverters, light DC equipment, operation monitoring devices, grid connection control systems, flexible transmission equipment, UHV transmission equipment, high-temperature superconducting devices/cables, distribution automation systems/protection devices, smart switchgear, transformers, mutual inductors, intelligent components, digital substations, substation automation, distribution automation devices, online monitoring, fault diagnosis/self-healing devices, power quality monitoring, harmonic treatment/reactive compensation, superconducting electrical technology, new-type wires/cables, composite materials, safety protection D. Power Grid Dispatching and Automation Control: Smart grid dispatching systems, integrated dispatching data platforms, grid security/control, intelligent inspection systems, integrated measurement/protection/arc suppression systems, stability control solutions, power monitoring systems/microprocessor-based relay protection, wide-area monitoring systems, online grid stability monitoring, smart reactive compensation devices, control software, telemetry/remote control devices, large-screen displays, power system simulation E. Smart Metering and Electricity Management: Smart meters/chips, remote/centralized meter reading systems, electricity information collection systems, electricity management information systems, load management terminals, monitoring systems, test devices, metering cabinets/components, measuring instruments, sensors, semiconductors F. Smart Grid Information Communication: IoT, cloud computing, multi-network convergence, transmission technologies/equipment, access devices, optical fibers/cables, industrial Ethernet, data communication/network technologies/products, plant communication equipment, power line carriers, supporting devices/instruments, digital microwave communication equipment, test devices/instruments, online network monitoring equipment G. Others International NEVs and Charging Piles NEVs (Passenger Vehicles / Commercial Vehicles): Electric buses/trucks, electric cars, electric sightseeing vehicles, electric golf carts, electric cleaning vehicles, hybrid buses/cars, solar EVs, light EVs, hybrid vehicles (micro, mild, medium, full and plug-in hybrids), pure EVs, fuel cell vehicles, hydrogen/natural gas clean fuels, low-emission energy-saving vehicles Power Drive Systems: Power batteries, BMS, fuel cells, hybrid systems, drive motors, electric control systems, engines, detection/repair equipment, related testing/monitoring/protection instruments/technologies C. Key EV Parts: Power capacitors, supercapacitors, flywheels, inverters, electric heat pumps, electric power steering, electric air conditioning, tires, wiring, electromagnetic technologies, related materials; coatings, transmissions, filters, carburetors, exhaust systems; axles, steering, braking, suspension systems; auto body accessories; motors/electrical devices, electronic components, electrical systems, circuits, wheel hubs, tires, etc. D. Auto Design: Vehicle design, system control design, etc. E. Charging Facilities: Charging stations, charging piles; smart charging network planning/demonstrations, gas station expanded charging/swapping stations, integrated fueling/charging service stations, solar/wind complementary NEV charging technologies, charging station power distribution equipment, chargers, power monitoring systems, active filtering devices, transformers, distribution cabinets, cables, direct charging equipment, auxiliary management equipment, battery swapping/BMS, parking lot charging facilities, smart monitoring, charging station power supply solutions F. Others Exhibition Fees: Standard Booth (Deluxe, 3m x 3m ): Domestic enterprises: RMB23,800/booth; Foreign enterprises: US$4,900/booth Basic configuration: one consultation desk, two folding chairs, one wastebasket, one 220V/500W power socket, two spotlights, Chinese/English header board, carpeted floor. Indoor Bare Space (Minimum 36 m²): Domestic enterprises: RMB2,380/m² Foreign enterprises: US$490/m² Exhibitor Guidelines: 1. Confirm participation by submitting the completed application form with company seal via fax/mail to the organizer; 2. Upon receiving the booth reservation fee, the organizer will arrange booths following the "first-come, first-served" principle; 3. Payment details: (1) The above fees exclude "construction deposit," "construction management fee," "facility rental fee," etc.; (2) Exhibitors who sign contracts must remit the deposit within 10 working days after signing and fax the payment slip to the organizer; (3) Remaining fees must be paid by December 31, 2026 to the designated account; 4. The order of conference booklet ads is determined by the payment sequence; deadline: March 31, 2027; 5. The organizer will mail the Exhibitor Manual by April 2027. Contact: Shanghai Fulimi Technology Co., Ltd. The 13th SNEC ES+ International Energy Storage and Battery (Shanghai) Conference & Exhibition Contact: Manager Wei Tel: +86-13817218765 (WeChat ID same as phone number) Email: weiwei@snec.org.cn

SMM News on August 19: Metal markets: As of the midday close, base metals in the domestic market were nearly all down. SHFE copper fell 1%, SHFE aluminum fell 0.94%. SHFE lead rose 0.19%. SHFE zinc fell 1.44%. SHFE tin fell 1.35%. SHFE nickel fell 0.58%. Additionally, the most-traded cast aluminum futures contract fell 0.48%, the most-traded alumina contract fell 0.26%. The most-traded lithium carbonate contract fell 2.42%. The most-traded silicon metal contract rose 0.29%. The most-traded polysilicon futures contract fell 1.4%. Ferrous metals all rose. Iron ore rose 0.85%, rebar rose 0.27%, hot-rolled coil rose 0.4%. Stainless steel edged up. In coking coal and coke: the most-traded coking coal contract rose 2.18%, the most-traded coke contract rose 2.17%. Overseas base metals, as of 11:42 AM, LME metals showed mixed performance. LME copper rose 0.15%, LME aluminum and LME zinc both rose 0.03%. LME lead fell 0.05%. LME tin fell 0.41%. LME nickel fell 0.3%. Precious metals, as of 11:42 AM, COMEX gold fell 0.23%, COMEX silver fell 1.35%. On the domestic precious metals front: SHFE gold fell 1.02%, the most-traded SHFE silver contract fell 4.04%. Additionally, as of the midday close, the most-traded platinum futures contract fell 2.44%, and the most-traded palladium futures contract fell 2.82%. As of the midday close, the most-traded European container shipping futures contract fell 2.17% to 1,717 points. As of 11:42 AM on August 19, selected futures midday quotes: Spot and Fundamentals Silver: Global bond yields collectively rose, with US Treasury yields hitting multi-year highs, putting precious metals under pressure and triggering a pullback. The spot market saw discount widening, with transactions concentrated at slight discounts, while demand remained cautious... Macro front China: [Shanghai: Focusing on innovation in key areas such as computing power to form an AI pioneer industry cluster with Zhangjiang Core Park as the demonstration leader] The Shanghai Municipal Science and Technology Commission issued the "Shanghai Zhangjiang High-Tech Industrial Development Zone Development 15th Five-Year Plan". It proposes to focus on innovation in key areas such as computing power, large models, corpora data, scientific intelligence, and applications, to form an AI pioneer industry cluster with Zhangjiang Core Park, Xuhui Park, Caohejing Park, etc. as demonstration leaders. It aims to enhance intelligent computing capabilities, break through disruptive chip architectures such as optical computing and brain-inspired computing, build an autonomous computing power system integrating supercomputing and intelligent computing with cloud-edge-device collaboration, and construct the Pujiang Public Computing Service Platform. Efforts will be made to advance next-generation large models, develop large models including brain-inspired computing, build Modu Space and Zhangjiang AI Innovation Town, and support the adaptation of multimodal large models to domestic computing power and ecosystem integration. (Jin10 Data APP) [The PBOC’s reverse repo operations resulted in a net withdrawal of 142.3 billion yuan on the day.] The PBOC did not conduct reverse repo operations today, while it conducted 327.4 billion yuan in overnight reverse repos. As 469.7 billion yuan in overnight reverse repos matured today, a net withdrawal of 142.3 billion yuan was realized on the day. US dollar: As of 11:42, the US dollar index fell 0.06% to 99.59. According to the CME FedWatch Tool, the probability that the Fed will keep interest rates unchanged in September is 65%, while the probability of a cumulative 25-basis-point rate hike is 35%. For October, the probabilities are unchanged (51.4%), a cumulative 25bp hike (41.3%), and a cumulative 50bp hike (7.4%). Bond traders are once again adjusting their strategies. After a series of data indicated that the Fed is almost certain not to hike rates for the remainder of this year, options market bets are trying to hedge against the risk of the Fed pivoting to rate cuts in 2027. This dovish positioning contrasts with the recent trend in the US Treasury market: long-term bond yields have climbed to multi-year highs, as a Fed on hold would keep inflation above target for a longer period. Meanwhile, options traders, whose positions are closely tied to the Fed’s policy path, are shifting their focus to signs of US economic weakness, which they believe could trigger a market reversal. This shift began to emerge last week, when data showed that inflation and consumer demand slowed in July, cooling market expectations for a rate hike at the Fed’s September meeting. Option market participants then began to adjust their positions, reducing the magnitude of future rate hikes priced into the swaps market. Some options are even considering hedging against the risk of possible rate cuts by mid-next year. The Bank of America’s August Global Fund Manager Survey showed that a majority expected Fed Chairman Warsh to adopt a neutral stance at the Fed’s annual Jackson Hole symposium later this month. Among respondents, 31% expected him to deliver ‘hawkish’ remarks, while only 7% expected ‘dovish’ remarks. (Jin10 Data APP) On the data front: The UK July CPI month-on-month rate, the UK July retail price index month-on-month rate, the Eurozone June seasonally adjusted current account, the Eurozone July final CPI year-on-year rate, and the Eurozone July final CPI month-on-month rate, among others, are scheduled for release today. Additionally, attention should be paid to: European Central Bank President Lagarde attends the _Global Economic Outlook_ discussion at the World Economic Forum’s International Business Council (IBC) meeting; Kuaishou holds its earnings call. Regarding crude oil: As of 11:42, oil prices in both markets were up, with US crude up 0.79% and Brent crude up 0.68%. The rise in crude oil prices was due to a deadlock between the US and Iran over control of the Strait of Hormuz. On the 18th, local time, Iranian Islamic Parliament Speaker Khalibaf stated that the Strait of Hormuz would not open until the US unfreezes Iranian assets, lifts oil sanctions, ceases all military threats and actions across all fronts, and fulfills other conditions of the memorandum of understanding. Khalibaf noted that the opportunities brought by the MoU in terms of lifting the blockade and achieving a ceasefire would help strengthen Iran’s economic resilience and rebuild its defense capabilities. He also emphasized that Iran is ready to deliver an even heavier blow in response to any hostile transgressions. (Jin10 Data APP) In addition, Venezuelan Oil Minister Paula Henao stated on Tuesday, local time, that contracts related to oil were signed with US oilfield services giant Schlumberger (SLB) and independent producer Hunter Oil Company, to attract investment and boost crude oil production. This signing comes as Caracas and Washington push to accelerate investment in Venezuela’s vast yet underdeveloped oil reserves. Politico previously reported that multiple US independent oil producers are expected to sign production contracts with Venezuela’s state-owned oil company (PDVSA) in the coming days. Henao said that Venezuela signed a participation agreement for oil and gas production related to the development and production boost of two oil fields, but did not disclose specific details on the expected investment value or new production increase. She stated that the Venezuelan government also signed a framework agreement with SLB to provide integrated reservoir research services nationwide for Venezuela. (Jin10 Data APP) Spot Market Overview: ► ► ► ► ► ► ►

SNEC 20th (2027) International Solar PV, Smart Energy & Energy Storage & Battery (Shanghai) Conference and Exhibition SNEC 20th (2027) International Photovoltaic Power Generation and Smart Energy Conference & Exhibition 2027 Year 6 Month 2-4 Day National Exhibition and Convention Center (Shanghai), China Songze Avenue, Qingpu District, Shanghai, No. 333 Light, Storage, and Hydrogen Multi-Energy Complementarity and Integrated Development Pre face: The “SNEC 20th (2027) International Solar PV, Smart Energy & Energy Storage & Battery (Shanghai) Conference and Exhibition” (referred to as “SNEC PV Conference & (Shanghai) Exhibition”) will be grandly held in Shanghai, China on June 2-4, 2027. From the 15,000 m² of the first edition in 2007 to over 360,000 m² in 2026, over 2,800 enterprises from 95 countries and regions worldwide participated, with international exhibitors accounting for 30%, and it has become the most influential, international, professional, and large-scale PV event in China, Asia, and globally. The SNEC PV exhibition is the world’s most professional PV exhibition, with exhibits including: PV production equipment, materials, PV cells, PV application products and modules, as well as PV engineering and systems, energy storage, mobile energy, etc., covering every link of the PV industry chain. The SNEC PV forum also features diverse formats, covering future market trend analysis for the PV industry, cooperation and development strategies, policy directions in various countries, cutting-edge industry technologies, PV finance, etc., offering the best opportunity to showcase achievements to the industry. Global industry peers are expected to gather in Shanghai, China, to take the pulse of the solar PV markets in China, Asia, and the world from an industrial perspective and with a problem-oriented approach, jointly leading the path of innovative development in the industry. We hope to meet in Shanghai in June 2026! Schedule: Exhibition Setup: May 30, 2027, 13:30-18:00; May 31 & June 1, 2027, 9:00-20:00 Exhibition: June 2-3, 2027, 09:00-17:00; June 4, 09:00-14:00 Dismantling: June 4, 2027, 14:00-24:00 Exhibits (Category): Solar PV PV Production Equipment: Silicon rod, silicon lumps, and silicon ingot production equipment: complete production lines, casting ingot furnaces, crucibles, growth furnaces, and other related equipment Silicon wafer production equipment: complete production lines, cutting equipment, cleaning equipment, detection equipment, and other related equipment Battery Production Equipment: Complete production lines, etching equipment, cleaning equipment, diffusion furnaces, coating equipment/deposition furnaces, screen printing machines, other furnace equipment, testers and sorters, and other related equipment Panel/Module Production Equipment: Complete production lines, testing equipment, glass cleaning equipment, wiring/welding equipment, lamination equipment, etc. Thin-film Panel Production Equipment: Amorphous silicon cells, Copper Indium Gallium Selenium cells (CIS/CIGS), Cadmium Telluride thin-film cells (CdTe), Dye-sensitized Solar Cells (DSSC) production technology and research equipment PV Cells: PV cell producers, module producers, module installers, agents, dealers and distributors, concentrator cells, etc. PV-related Parts: Batteries, chargers, controllers, converters, recorders, inverters, monitors, mounting systems, tracking systems, solar cables, etc. PV Raw Materials: Polysilicon, silicon ingots/lumps, silicon wafers, encapsulation glass, encapsulation films, and other raw materials PV Application Products: Lighting products, power supply systems, portable chargers, water pumps, solar household products, and other solar products PV Engineering and Systems: PV system integration, solar air conditioning systems, rural PV power generation systems, solar detection and control systems, solar heating system engineering, solar PV project process control and project management and software development systems System Construction Equipment and Safety Protection: Electrical construction equipment, construction vehicles, engineering machinery, maintenance and repair tools, aerial work vehicles/platforms, scaffolding, electrical safety tools, and personal protective equipment Others Solar & Green Building: Solar Thermal Utilization: Solar central hot water systems, household solar water heaters, solar heat pump water heaters, solar thermal collection systems, solar heating systems, solar-thermal and photovoltaic integrated solar products, solar water heater manufacturing equipment, and raw materials and parts for solar water heaters Solar PV and CSP Generation: Grid-connected PV power generation systems, off-grid PV power generation systems, PV-wind hybrid power generation systems, PV transmission and distribution equipment, PV modules and components and equipment, parabolic trough systems, tower systems, dish systems, heat collection tubes, thermal storage equipment and corresponding materials, heat exchange technology and products, high-temperature heat transfer technology and products, and system control Solar Cooling Systems and Equipment: Solar cooling products and systems, air energy products, solar central air conditioning, and ground source heat pump air conditioning Solar Lighting and Building Materials: Solar lawn lights, garden lights, solar street lights and other photoelectric products, solar PV glass, solar roof modules, integrated solar building PV solutions, etc. LED Technology and Products: LED lighting, LED application products, display products/digital signage, parts, modules, kits, etc. Solar Accessories: Solar complementary automatic control devices and instruments, solar pipes and fittings, solar control systems, solar heat pipes, evacuated tube collectors, flat plate collectors, manifold headers, insulation materials, hot and cold water pumps, mounting brackets, PV equipment accessories, batteries, and related production equipment and accessory materials International Energy Storage Technology & Smart Grid Energy Storage Technologies, Equipment and Materials: Compressed air energy storage, pumped hydro storage, superconducting magnetic energy storage, flywheel energy storage, heat/cold storage, hydrogen storage and other energy storage technologies, equipment and materials applicable to plug-in EVs; various batteries (nickel–metal hydride batteries, lithium-ion batteries, lithium polymer batteries, lead-acid batteries, smart batteries, sodium-sulfur batteries), energy storage power supplies, supercapacitors, regenerative fuel cells, flow batteries, etc. technologies, equipment and materials Energy Storage Power Stations and EPC Projects: BMS battery management systems, PCS energy storage inverters, microgrids, EV charging and battery swapping stations and related supporting facilities C. New Energy Grid Connection & Smart Transmission and Distribution: Grid-tie inverters, light-duty DC equipment, operation monitoring devices, grid connection control systems, flexible transmission equipment, UHV transmission equipment, high-temperature superconducting equipment, high-temperature superconducting cables, distribution automation systems and protection devices, intelligent switchgear, transformers, instrument transformers, intelligent components, digital substations, substation integrated automation, distribution automation devices, online monitoring of transmission and distribution, fault diagnosis and self-healing devices, power quality monitoring, harmonic control and reactive power compensation, superconducting electrical technology, various new-type wires and cables, composite materials, and safety protection D. Power Grid Dispatching and Automation Control: Smart grid dispatching systems, comprehensive dispatching data platform systems, power grid security and control, intelligent inspection systems, integrated measurement and control protection and arc suppression coil selection systems, safety and stability control system solutions, power monitoring systems and microprocessor-based relay protection, wide-area dynamic monitoring systems, online stability monitoring systems for power grids, intelligent reactive power compensation devices for distribution networks, control software, remote control and telemetry devices, large-screen display systems, and power system simulation E. Smart Metering and Power Consumption Management: Smart meters and chips, remote/centralized meter reading systems, power consumption information collection systems, power management information systems, load management terminals, monitoring systems, testing devices, metering cabinets and components, measuring instruments, sensors, and semiconductors F. Smart Grid Information and Communication: IoT technology, cloud computing technology, multi-network convergence technology, transmission technology and equipment, access equipment, optical fiber cables, industrial Ethernet, data communication and network technology and related products, in-plant communication equipment, power line carrier machines, supporting equipment and instruments, digital microwave communication equipment, test equipment and instruments, and online network monitoring equipment G. Others International New Energy Vehicles and Charging Piles NEVs (Passenger Vehicles / Commercial Vehicles): Electric buses and trucks, electric sedans, electric sightseeing cars, electric golf carts, electric cleaning vehicles, hybrid buses and sedans, solar-powered electric vehicles, light-duty electric vehicles, hybrid vehicles (micro-hybrid, mild hybrid, full hybrid, plug-in hybrid), pure electric vehicles, fuel cell vehicles, hydrogen/natural gas and other new energy clean fuels, hybrid vehicles and various low-emission, environmentally friendly and energy-saving vehicles; Powertrain Systems: Power batteries, battery management systems, fuel cells, hybrid systems, drive motors, electric control systems, engines, testing and repair equipment, related testing, monitoring, and protection instruments, and related technologies; C. Key NEV Components: Power capacitors, supercapacitors, flywheels, inverters, electric heat pumps, electric power steering, electric air conditioning, tires, wire connections, electromagnetic technology, and related materials; coatings, gearboxes, filters, carburetors, exhaust systems; axles, steering, braking, and suspension systems; auto body accessories; motor and electrical appliances, electronic components, electrical systems, circuits, wheel hubs, tires, etc.; D. Automotive Design: Vehicle design, system control design, etc. E. Charging Facilities: Charging stations, charging piles; smart network project planning and achievement display of charging stations, expansion of gas stations into charging (battery swapping) stations, integrated gas and charging service station displays, solar and wind energy complementary NEV charging station technology products, charging station power distribution equipment, chargers, power monitoring systems, active filters, transformers, distribution cabinets, cables, direct charging equipment, management auxiliary equipment, charging and swapping batteries and battery management systems, parking lot charging facilities, intelligent monitoring, and charging station power supply solutions F. Others Exhibition Fees: Standard Booth (Premium, 3m x 3m ): Domestic enterprises: RMB 23,800/unit Foreign-funded enterprises: US$4,900/unit Basic configuration: one information desk, two folding chairs, one wastebasket, one 220V/500W power socket, two spotlights, Chinese and English header board, carpeted inside the booth. Indoor Bare Space (minimum 36 m² rental): Domestic enterprises: RMB 2,380/m ² Foreign-funded enterprises: US$490/m ² Exhibition Notice: 1. Enterprises intending to exhibit should fill out the exhibition application form, stamp it with the official seal, and fax or mail it to the conference organizing committee; 2. Upon receipt of the booth reservation fee, the organizing committee will arrange booths for exhibitors according to the principle of "first application, first payment, first arrangement"; 3. Payment details for exhibition fees: (1) The above exhibition fees do not include "construction deposit", "construction management fee", "facility rental fee" and other expenses; (2) Exhibitors who sign contracts shall remit the deposit to the organizing committee's account within ten working days from the date of signing the contract, and fax the remittance voucher to the organizing committee for verification; (3) The remaining exhibition fees should be remitted to the account designated by the organizing committee before December 31, 2026; 4. The order of advertisements in the conference booklet will be based on the order of receiving the advertisement fees, and the inclusion deadline is March 31, 2027; 5. The organizing committee will send the Exhibitor Manual to exhibiting enterprises in April 2027. Inquiry Welcome: Shanghai Fulemi Technology Co., Ltd. SNEC 20th (2027) International Solar Photovoltaic and Smart Energy & Energy Storage and Battery (Shanghai) Conference and Exhibition Contact: Manager Wei Tel: +86-13817218765 (same as WeChat) E-mail: weiwei@snec.org.cn

Platinum prices traded in the doldrums today. The long-end U.S. Treasury yields shot up significantly, with the 10-year yield rising to around 4.74% and the 30-year yield touching 5.33%, reaching a level not seen since 2007. Precious metals futures fell under pressure. In the morning session, the most-traded GFEX platinum contract PT2610 closed at 425.3 yuan/g, down 2.44%. The price spread between the best ask of SGE platinum 9995 and the GFEX PT2610 contract remained around 3 yuan/g. Spot side, mainstream quotations for platinum were at a discount of 2.5-1.5 yuan/g against the PT2610 contract. Suppliers' offer discounts narrowed only slightly from the previous trading day. Some downstream enterprises had already completed stockpiling yesterday, as futures prices fell. Today, although futures continued under pressure, consumption was weak. Suppliers' shipments of high-priced goods faced obstacles, warehouse warrant premiums were on the high side, and mainstream quotations were mostly around a discount of 1.5 yuan/g against the most-traded contract. Overall, trading in the platinum spot market today was relatively sluggish.

SMM previously learned that the rental price of Ascend 910B2 bare-metal servers exhibits significant regional differences. Market feedback shows that quotations in the Yangtze River Delta region range from about 12,000 (lowest) to 21,000 (highest) yuan per unit per month, while in the western region, the price drops to as low as 10,000 yuan per unit per month, resulting in a price spread of nearly double for the same model across regions. A channel vendor reported that they dare not relay their quotation to clients, while another channel is currently offering 910B2 at about 13,000 yuan per unit per month, which the client is still confirming. The rental pricing of domestic computing power cards is significantly affected by region, with price dispersion notably higher than that of the NVIDIA series.

[SMM Aluminum Express News] Andromeda Metals has launched an A$3 million (approximately US$2 million) Share Purchase Plan to advance its High Purity Alumina (HPA) Project in South Australia. Eligible shareholders in Australia, New Zealand and Luxembourg can subscribe for up to A$30,000 of new shares at A$0.0059 per share, around a 15% discount to the recent five-day volume-weighted average price. The proceeds will primarily fund completion of the HPA Project’s pre-feasibility study, pilot plant optimisation, technical and engineering work, co-product evaluation and production of commercial samples for prospective customers. Andromeda is targeting 4N HPA, with purity of at least 99.99%, using refined kaolin from its Great White Project. Its South Australian pilot plant has already been commissioned, with commercial-grade samples targeted for customer evaluation during H2 2026 as the company moves from laboratory validation toward pilot-scale commercial evaluation.

As the global green transition and the "dual carbon" goals advance steadily, the non-ferrous metals industry is accelerating its upgrade toward low-carbon, intelligent, and high-end development. South China, as a core industrial hub, boasts a complete industry chain, outstanding resource endowments, and strong policy support, generating robust development momentum. Organized by SMM, the will be held from September 9 to 11 in Nanning, Guangxi. Centered on five key themes—price trends, market outlook, trade environment, policy direction, and low-carbon technology—the conference aims to create a premier platform for industry exchange and collaboration. Henan Recycling Technology Co., Ltd. cordially invites industry peers from all sectors to gather in Nanning for this grand event, jointly promoting technological innovation and digital intelligent transformation, helping enterprises seize opportunities and tackle challenges, and advancing the high-quality development of the non-ferrous metals industry. Click the to sign up now! Booth Number: B29 Henan Recycling Technology Co., Ltd. was established in 2012 and is a professional manufacturer in the field of resource recycling equipment. For over a decade, the company has been dedicated to providing clients with efficient and sustainable resource recycling solutions. Leveraging its strong technical expertise and comprehensive equipment portfolio, it has built a complete industry chain spanning shearing, baling, shredding, and sorting , positioning itself as a benchmark enterprise in the recycling equipment sector. Main Products: Metal Crushers, Shredders, Large-Scale Resource Recycling Shredding Lines, and Supporting Sorting Equipment The company focuses on the needs of the aluminum recycling industry, accurately identifying the pain points of industrial upgrading. The recycling equipment it develops and manufactures is compatible with the entire process of aluminum scrap collection and processing , significantly improving resource recovery efficiency and recycled material quality, helping enterprises reduce production costs and achieve green, compliant production. Recycling Technology has earned widespread recognition from industry peers for its stable product quality, professional technical support, and attentive after-sales service . Relying on its complete industry chain advantages, the company provides clients with one-stop services from equipment selection and installation to commissioning and post-operation maintenance , fully meeting the diverse and customized recycling equipment needs of clients and achieving synergistic development with them. Contact Information Wang Feng 18639183155 SMM Conference Contact Ding Weiquan 18029344837

Global coal markets generally strengthened over the past week, although performance varied across regions and grades. European thermal coal indices rose above $124/t, supported by firmer oil and gas prices, geopolitical risks and weaker renewable and nuclear generation during the heatwave. South African 6,000 kcal/kg high-CV coal exceeded $109/t, with additional support from Indian enquiries and a 12 August train derailment that disrupted deliveries to Richards Bay Coal Terminal. China’s Qinhuangdao 5,500 NAR spot price strengthened above $126/t. Coal stocks at nine major ports declined by 0.87 mnt week on week to 26.51 mnt, while inventories at six major coastal thermal power plants fell by 0.25 Mt to 14.01 Mt. Lower inventories and tighter mine safety inspections supported domestic prices and increased Chinese traders’ interest in imported blending coal. Indonesian 5,900 GAR coal rose to $104.5/t, while 4,200 GAR material approached $64/t. Australian thermal coal prices were mixed, with 6,000 high-CV coal falling below $128/t while 5,500 mid-CV material strengthened to $95–96/t. Meanwhile, limited availability of premium metallurgical coal, renewed purchasing and improved Chinese market sentiment lifted the Australian HCC index to $224/t.

[SMM Daily Review: Soaring Global Bond Yields Pressure Silver Prices; Spot Cargo Transactions Dip into Discounts] SMM, August 19 – Global bond yields collectively rose, with US bond yields hitting multi-year highs, putting precious metals under pressure and triggering a pullback. In the spot market, discounts widened, with transactions concentrated at slight discounts, and demand remained on the sidelines.

SMM News, August 19: According to reliable sources, Jinguan Copper Branch of Tongling Nonferrous Metals Group Co., Ltd. launched public tender sales for its 32 tonnes of crude selenium yesterday. The tender was successfully concluded, with the transaction price standing at approximately RMB 140 per kilogram.