The north is the core hinterland of China's cable industry. Relying on its industrial heritage, complete entire industry chain support, and favorable policies from Beijing-Tianjin-Hebei coordinated development, it has built a complete industrial cluster integrating raw material processing, cable production, new material R&D, and intelligent equipment manufacturing. The regional cable industry boasts an annual output value exceeding 100 billion yuan, with a solid industrial foundation and broad market space. Compared with the advantageous industrial clusters of the Yangtze River Delta and the Pearl River Delta, the northern cable industry still faces shortcomings such as scattered industrial resources, weak industry-academia-research collaboration, and insufficient risk resistance capability of the industry chain. Breaking down collaboration barriers has become key to industry upgrading. will be held from July 23 to 24, 2026 at the Crowne Plaza Qingdao Jinshui, Shandong . The conference focuses on three major themes: industrial collaboration, green intelligence, and globalization. SMM , together with Runli (Shandong) Resource Recycling Industry Co., Ltd. , invites customers from the entire industry chain to gather, explore industry opportunities, and promote the quality and upgrading of the northern cable industry. Click to attend. We look forward to meeting you at the conference. Runli (Shandong) Resource Recycling Industry Co., Ltd. is a large-scale comprehensive renewable resource recycling enterprise in the Shandong region, focusing on non-ferrous metal recycling. It integrates online and offline collection channels, and has built a modern recycling industrial base covering recycling and warehousing, intelligent sorting, metal purification, and finished product production and sales. The company adheres to compliant operations, holds complete environmental protection operation qualifications and standardized management processes, strictly controls pollutant discharge in every production step, and takes resource reduction, reuse, and recycling as its core development direction. It helps reduce industrial solid waste, lowers raw material costs for manufacturing, and supports the regional green economy and the implementation of the "dual carbon" goals. It is committed to becoming a professional and reliable renewable resource recycling service provider in the North China region. Its business covers various types of industrial copper scrap off-cuts, waste cables, dismantled metals from obsolete equipment, comprehensive solid waste from factories, and other categories. It has a professional dismantling and sorting team and supporting environmental protection facilities, and the entire process meets environmental protection-related control requirements. It can stably supply copper scrap in large quantities, meeting the production needs of downstream processing industries such as cables, hardware, and conductive materials. The company has established standardized quality control and logistics distribution systems. Leveraging mature industry resources and years of practical experience, it balances economic benefits with ecological responsibility, proactively promotes the transformation and upgrading of the resource recycling industry, empowers resource recycling with technology, and builds a large-scale, intelligent, and green comprehensive resource recycling industry platform. Collaborate with upstream and downstream partners to build a low-carbon industrial ecosystem, and create a regional benchmark comprehensive utilization enterprise for renewable resources. Contact Information Shang Yiying 139 2018 5888 SMM Conference Contact Zhang Guolei 166 0190 0190 zhangguolei@smm.cn

On June 30, 2026, the National Energy Administration issued the Guide to Data Classification and Grading for the Energy Industry (2026 Edition), under which hydrogen energy was officially classified as a first-level energy data category, positioned alongside traditional fossil fuels such as coal, crude oil, and natural gas. This marks the end of the domestic hydrogen industry's single demonstration phase and its full entry into a development cycle characterized by large-scale, standardized systems. This top-level data system adjustment reshapes hydrogen energy's national strategic positioning, and by leveraging a unified data management framework to link the entire chain of green hydrogen cost reduction, storage and transportation infrastructure, and diversified applications, the industry is expected to usher in a new expansion cycle. I. Policy Iteration: The Strategic Status of Hydrogen Energy Achieves a Hierarchical Leap (A) Core Basis for the Document's Issuance The Guide serves as a supporting detailed rule for the implementation of the Data Security Law and the Administrative Measures for Energy Industry Data Security (Trial), delineating a total of 12 first-level energy data categories, including coal, oil and gas, and hydrogen energy. For the first time, hydrogen energy has been incorporated into the basic energy data sequence, integrating the hydrogen energy industry into the national unified energy security regulatory system. (B) Policy Evolution Trajectory In 2022, the Medium and Long-Term Plan for the Development of the Hydrogen Energy Industry (2021-2035) legally affirmed the energy attribute of hydrogen energy for the first time, setting the goal of diversified commercial applications by 2035. With the implementation of this 2026 data classification document, hydrogen energy has completed its identity transition from a "demonstration and pilot industry" to a "national basic energy category." Industrial development has shifted from being driven purely by policy subsidies to a new phase where policy guidance, scenario validation, and market operations run in parallel. (C) Three Supporting Logics of the Top-Level Strategy Energy Security: Global geopolitical conflicts have intensified fluctuations in oil and gas imports. In 2025, China's dependence on foreign crude oil was 72.3%, and that on foreign natural gas was 43.8%. Hydrogen energy, produced from renewable resources such as wind, solar, and hydropower, can substantially reduce dependence on imported fossil energy while simultaneously fulfilling the carbon peaking and neutrality targets. Correction of Domestic Supply-Demand Mismatch: In 2024, China's total hydrogen production stood at 37.28 million mt, firmly ranking first in the world. Domestic planned green hydrogen capacity accounts for 52% of the global total planned green hydrogen capacity, yet the average annual operating rate of commissioned green hydrogen facilities is only 23.6%, with substantial electrolyzer capacity remaining idle. Unified data standards will compel the industry to shift from blindly expanding hydrogen production capacity toward demand-side development oriented to matching downstream consumption scenarios. Breakthrough in Global Hydrogen Competition: The EU will implement its Hydrogen Strategy Act in 2026, and the US allocates over $9 billion annually in hydrogen industry subsidies. Europe and the United States are accelerating their efforts to seize the discourse power in hydrogen standards and trade. By perfecting its local standard system through hydrogen energy data classification management, China aims to shore up its industrial digital shortcomings and enhance the international competitiveness of its hydrogen energy projects and equipment exports. II. Industrial Empowerment Value of the First-Level Hydrogen Data Classification System (A) Establishing a Bottom Line for Whole-Chain Data Compliance and Security The Guide uniformly categorizes all energy data into three control levels: general, important, and core, covering the entire process of hydrogen production, storage, transportation, refueling, and utilization. It specifies mandatory control rules: Geographic infrastructure data for hydrogen refueling stations, hydrogen production bases, and pipeline networks with coordinate accuracy ≤100 meters is classified as important data, with strict limits on external disclosure. Real-time operational control commands for water electrolysis hydrogen production units and sensor data from high-pressure storage and transportation equipment are classified as core data, with unencrypted external transmission prohibited. Electricity load data from wind- and solar-power integrated new energy plants supporting electrolytic hydrogen production is protected under a tiered scheme, with electricity consumption data from special-grade green electricity hydrogen projects implementing the highest protection standards. All enterprises are required to establish full-life-cycle data ledgers, mandatorily use commercial encryption technology, and simultaneously implement the protection requirements for Classified Protection of Cybersecurity 2.0 and critical information infrastructure, in order to avert risks such as the leakage of monitoring data from coal chemical and hydrogen plants or cyber attacks on industrial control systems. (B) Restoring Industry Investment Confidence and Reducing Uncertainty in Market-Oriented Development By year-end 2025, a total of 627 wind- and solar-power water electrolysis hydrogen projects had been filed nationwide, with a planned total investment exceeding 860 billion yuan. However, only 148 projects actually commenced construction, yielding a comprehensive construction start rate of 23.6%. The core pain point of the industry's sluggish investment was the absence of a unified statistical scope, cost accounting method, and operational supervision standard for hydrogen energy, causing capital to remain on the long-term sidelines. This policy improves the investment environment in three aspects: The National Energy Administration concurrently released unified hydrogen energy data statistical specifications, eliminating the need for enterprises to build their own differentiated data systems and reducing per-project digital compliance costs by 30%-45%. It is also aligned with 19 current draft national hydrogen standards for public comment, achieving bidirectional unification of data standards with equipment, storage and transportation, and refueling technology standards, thereby boosting the export recognition of domestically produced electrolyzers and hydrogen storage vessels. Standardized data furnishes financial institutions with a unified basis for cost estimation and project revenue assessment, substantially diminishing investment risks arising from policy changes. Supporting policies simultaneously tightened industry assessment: In April 2026, the National Energy Administration clarified dynamic elimination mechanisms for nine major hydrogen pilot regions. Projects are assessed monthly on economic viability based on operational data after commissioning; those without a stable profit model for six consecutive months are directly withdrawn, marking the industry's complete departure from the era of extensive subsidies. (III) Enabling Data Interoperability Across the Industry Chain to Revitalize Idle Hydrogen Capacity The Guidelines categorize a secondary-level hydrogen data catalog, covering seven segments: planning, engineering construction, hydrogen production, tube trailer storage and transportation, hydrogen refueling, transportation/industrial consumption, and technological R&D, thereby establishing a framework for data interoperability across the entire industry chain. Benchmark practice: Rongcheng New Energy built China’s first system for capitalizing hydrogen entire industry chain data assets. Its hydrogen big data platform aggregates data from all dimensions including hydrogen production units, tube trailers, hydrogen refueling stations, heavy truck operations, and equipment maintenance, accumulating a total of 21.08 billion real-time operational data entries. Leveraging cross-segment data synergy, the enterprise reduced its overall hydrogen production, storage, and transportation costs by 12.7% and lowered equipment idle rate by 18%. Meanwhile, the policy mandates that enterprises holding important or core hydrogen data undergo at least one security risk assessment per year. Cross-border data transfers of hydrogen technology and capacity data, as well as cross-enterprise data flows, must be preceded by a specialized risk review. This not only controls cross-border data security but also delineates a clear compliance pathway for domestic enterprises’ hydrogen project cooperation outside China, facilitating the export of green hydrogen equipment and complete hydrogen production processes. III. Conclusion Elevating hydrogen to a first-level energy data category is a landmark policy move that incorporates hydrogen into the management of the fundamental energy system. On one hand, through three-tier data security controls, it fills the gaps in digital regulation of hydrogen and mitigates cybersecurity risks in the industry. On the other hand, it unifies industry standards for statistics, operations, and cost data, alleviating three core pain points: idle green hydrogen capacity, investment wait-and-see attitude, and fragmentation of the industry chain. Against the backdrop of intensifying global hydrogen competition and China's dual goals of energy supply security and carbon reduction, data standardization will accelerate the large-scale deployment of green hydrogen, the comprehensive layout of storage and transportation pipeline networks, and propel hydrogen from a niche demonstration track to a core emerging industry that supports China's energy transition and participates in global energy competition.

From July 1, 2026, the new policy on reverse invoicing with unification of the three flows for the renewable resources industry will be officially implemented. The new regulation requires recycling enterprises, when purchasing scrap from individual sellers, to complete the entire transaction process through compliant online systems, achieving unification of the three flows—funds, invoices, and goods—and enabling the purchaser to issue purchase invoices in reverse. The prepayment of individual income tax for natural persons selling scrap will be significantly reduced: for annual sales of up to 600,000 yuan, the rate will be only 0.25%; the excess portion will be taxed at 0.5%. After adopting this compliant model, recycling enterprises will no longer need to maintain additional purchase ledgers or handle tax filings for individual sellers. The purchase invoices issued can be used as cost vouchers for VAT deduction and pre-tax deduction of corporate income tax. Meanwhile, individual sellers are reminded to complete the annual settlement of business income tax before March 31 of the following year. This policy aims to address the risk of issuing fraudulent invoices in the industry, regulate renewable resource transactions, and simultaneously reduce compliance operating costs across the entire industry chain.

June 26, at the 2026 SMM (14th) Minor Metal Industry Conference—Antimony Industry Forum, hosted by SMM Information & Technology Co., Ltd. (SMM) and with title sponsorship from Guangxi Yusheng Germanium High-tech Co., Ltd., , Luo Chengcai, General Manager of Hunan Hsikwangshan Twinkling Star Antimony Import & Export Co., Ltd., shared with participants the “Path of Transformation and Development for the Antimony Industry Amid Century-Long Changes.” I. Reshaping the Antimony Industry Landscape Amid Century-Long Changes Policy-driven: Export Controls Trigger Profound Market Fragmentation ►Markets outside China: Rapid Capacity Expansion Driven by High Prices Mine supply growing rapidly: The Santar mine in Myanmar has become a key variable, with monthly production reaching 1,000 mt of metal content and strong supply resilience. Smelting capacity deployment accelerates: Southeast Asian countries such as Thailand, Myanmar, and Vietnam are rapidly boosting smelting capacity, with total ex-China capacity already reaching about 40,000 mt/year. Policy-driven: Supply-demand imbalance in the Chinese market Supply side extremely loose: In 2026, imports in the first four months alone have already matched the total for the full year 2025, creating unprecedented supply pressure on the market. Demand side highly competitive: Prices have fallen sharply. Geopolitical shocks: The Middle East war has caused irreversible damage ►Flame retardant industry: Short-term pain Bromine prices surged from 30,000 to 130,000/mt, petrochemical raw material prices jumped over 50%, and poor cost pass-through led to widespread industry losses, with production cuts of around 30%. ►Polyester industry: Under pressure from both costs and production Affected by wild swings in upstream petrochemical raw material prices, the industry's production costs have climbed sharply; with weak end-use demand, it was forced to cut production by about 30%, sharply increasing operating pressure. ►PV glass: Short-term cooling but long-term positive outlook Affected by the cancellation of module export tax rebates and uncertainties in the Indian market, short-term demand has weakened; however, the broader trend of global energy transition remains unchanged, and long-term growth potential persists. II. Opportunities Amid Crisis: New Opportunities for Transformation and Development Solid fundamentals: Consolidation and optimization in traditional sectors ►High-performance flame retardant materials Irreplaceability: Still cannot be effectively replaced in engineering plastics such as ABS and XPS. Market growth: China's annual demand for flame retardants reaches 1.5 million mt, with bromine-antimony flame retardants accounting for 35%, and demand is steadily increasing. ►Polyester industry Core catalyst: Over 90% of polyester units use antimony-based catalysts, securing a solid position. New growth areas: Industrial textiles are growing rapidly in sectors such as medical and new energy, with an average annual growth rate exceeding 10%. ►PV Glass Core Refining Agent: Holding over 80% market share, it delivers high efficiency with controllable costs. Strong Momentum Outside China: Driven by the global energy transition, demand in markets outside China remains robust, with countries such as India and Indonesia building plants on a large scale. Summary: The steady demand structure across the three traditional pillar sectors—flame retardants, polyester, and PV—combined with the continued expansion of emerging markets outside China, forms a solid and reliable foundation for the antimony industry. New Growth Driver: Condensed Matter Batteries, the biggest growth engine going forward ►Technical Pathway: Enterprises such as CATL are planning antimony-based sodium-ion batteries, in which the passenger vehicle segment will use a calcium-antimony composite material as the negative electrode. ►Demand Estimate: CATL has planned 60 GWh of capacity, with 24 GWh allocated to passenger vehicles. Calculated at 1,200 mt of antimony per GWh, annual demand could reach as much as 30,000 mt at full production. This represents a massive potential market. New Growth Driver: Rapid Growth in High-Value Applications ►AI Computing Power: The explosive growth of AI servers and data centers has driven antimony consumption in the semiconductor sector to over 2,000 mt. ►Military Sector: High-purity antimony is a critical material for infrared detection and missile guidance, commanding a price premium of 3 to 5 times. Against a backdrop of geopolitical conflicts, military-related orders surged 80% YoY. ►Lead-Acid Batteries: Used as a lead-antimony alloy in positive electrode grids, antimony significantly enhances battery performance. China's antimony consumption in this segment stands at approximately 13,000–15,000 mt, with global consumption at around 22,000 mt, providing a stable foundation. III. Value Normalization: Future Trends and Strategic Outlook Supply Side: Resource Constraints and Policy Regulation Become the New Normal ►Non-renewable resources and a tight supply are long-term trends China's domestic reserves are depleting and grades are declining, with production falling year by year. Incremental supply from outside China is limited and unstable. ►Domestic production restrictions and resource consolidation are the overriding trends The global static reserve-to-production ratio for antimony is less than 10 years, highlighting its strategic value. Strengthening environmental protection, implementing production restrictions, and promoting resource consolidation are the inevitable path for the nation. Market Mechanisms: Moving Toward Stability and Harmonious Coexistence Conclusions and Outlook • The antimony industry stands at a new historical starting point. Short-term market fluctuations and price pains are the necessary "drastic remedies" during the process of industrial restructuring. • We firmly believe that with the tightening of the supply side, the explosion of emerging demand, and the strategic emphasis at the national level, antimony's strategic value will be fully realized and will eventually return to its intrinsic worth in the tug-of-war between sellers and buyers. • Let us join hands and work together to propel the antimony industry toward a new era of stable, balanced, and high-quality development. The antimony industry is bound to have a bright future!

As the global green transition and the “dual-carbon” goals continue to advance in depth, the nonferrous metals industry accelerated its pace of low-carbon, intelligent, and high-end upgrading. As a core industrial cluster, South China featured a complete industry chain, outstanding resource endowments, strong policy support, and robust development momentum. Hosted by SMM,was scheduled to be held in Nanning, Guangxi, from September 9 to 11. Centering on five key themes—price trends, market trends, trade environment, policy direction, and low-carbon technologies—the conference aimed to build a high-end platform for industry exchange and cooperation. Guangdong Hongmingchang Technology Co., Ltd. sincerely invited industry peers from all sectors to gather in Nanning to make the event a success, jointly promote technological innovation and industrial transformation, help enterprises seize opportunities and address challenges, and jointly advance the high-quality development of the nonferrous metals industry. Clickto register for attendance now! Guangdong Hongmingchang Technology Co., Ltd. was established in 2023 and was a technology-driven enterprise deeply engaged in the entire aluminum industry chain and expanding into markets in and outside China. Leveraging the industrial advantages of the Guangdong-Hong Kong-Macao Greater Bay Area, the company adhered to professional, honest, and efficient service standards, providing one-stop aluminum product solutions for industrial manufacturing, construction and building materials, renewable resources, and equipment supporting industries. Main Products A full range of aluminum semis, including aluminum ingot, aluminum billet, aluminum extrusion, aluminum scrap, and aluminum processing equipment. The company established a standardized quality control system, strictly controlling quality, specifications, and delivery lead times. It offered both spot supply and customized services to meet clients’ diverse needs such as raw material procurement, recycling and reuse, and equipment supporting. In 2026, the company established a professional warehousing base in Linyi, Shandong, focusing on two major businesses: intelligent sorting of secondary aluminum and finished aluminum trading . It worked in close synergy with Chalco Group’s Linyi industrial base to build an integrated secondary aluminum industrial platform of “recycling—intelligent sorting—finished product sales,” ensuring stable supply for Chalco’s secondary aluminum projects and enterprises in surrounding areas of Shandong, and promoting intelligent and standardized upgrading of the local secondary metals industry. Relying on a complete supply chain and a comprehensive logistics network, its business covered the whole country and expanded into the Southeast Asian market, winning long-term trust from clients in and outside China with stable supply and rapid response. Upholding the business philosophy of “quality first, customer foremost, innovation for long-term success,” the company integrated upstream and downstream resources and improved industry services, striving to become a leading integrated service provider for the aluminum industry chain in China with an international reach, and to create new industry opportunities together with partners. Contact Information Chang Xinhui 189 3910 0161 SMM Conference Contact Ding Weiquan 18029344837

This week, ferrous metals diverged, with coking coal and coke extending their strength, iron ore making some concessions, and finished steel moving sideways. Early in the week, rumors about coal mine safety inspections continued to swirl, and expectations of supply tightness intensified, driving coking coal to its daily limit up. Against weak supply-demand fundamentals, iron ore took a path of conceding to coking coal and coke, while finished steel edged higher in a narrow range; later in the week, data on the five major steel products were released, with HRC inventory destocking continuing, the off-season effect on construction steel demand emerging, inventory destocking narrowing, and overall inventory pressure for finished steel also beginning to slowly accumulate......

On May 12, the 2026 SMM (3rd) Global Renewable Metal Industry Chain Summit & Battery Recycling Forum , organized by Shanghai Metals Market (SMM), drew to a successful close at the Sheraton Grande Tokyo Bay Hotel in Tokyo, Japan! Conference Background Driven by global sustainable development and circular economy initiatives, recycled metals and battery recycling have gained growing strategic importance. Facing rising metal demand and dwindling natural resources, recycling stands out as an eco-friendly and cost-effective alternative, backed by supportive policies and investment worldwide. As a major Asian recycling powerhouse, Japan boasts robust secondary metal output and sophisticated recycling technologies. It has also rolled out massive funding plans to expand e-waste recycling infrastructure and scale up relevant processing capacity. Centered on the theme "Low Carbon, Global Echoes", the 2026 GRMI gathered worldwide enterprises, experts and officials to exchange insights on circular economy trends, technological breakthroughs and industry policies. This event comprises three forums ( Main Forum, Recycling Forum, and Renewable Resources Equipment Forum ) and multiple panel sessions. Key Highlights Reshaping the Global Recycled Metal Market — Policy Drivers and New Hotspots in India, Pakistan, the Middle East & Japan Shifting Dynamics in Southeast Asia's Recycled Metals: The Malaysia-Thailand Trade Decline and Vietnam's Rising Recycling Economy Resource Contention in the Secondary Lead Market: Redefining the Global Supply Chain Interpreting Recycled Copper Policies in China, the US, Europe, and Japan and Strategies for Future Raw Material Competition Innovation Drives Green Recycling: the Technological Frontier of China's Flotation, Crushing and Sorting Equipment Breaking Through the Challenges of the Recycling Industry: Real-World Case Studies from High-Quality Suppliers Click to view photo gallery Main Forum Opening Remarks Adam Fan, Chairman, SMM Hao Qi Chairman, KINKI SANGYO CO.LTD. May 11 Main Forum Keynote Speeches [Keynote Speech] - Global Recycled Metals Industry Market Analysis: Policy Instruments, Corporate Responses, and Future Challenges Speaker: Rock Ding, Consulting Project Manager, SMM Rock expects that aluminum scrap production will continue to grow in the future, and global aluminum scrap supply and demand will maintain a tight balance before 2030. Regarding the copper scrap market, SMM expects that from 2026 to 2030, global copper scrap market supply and demand will continue to grow, and the market will remain in a state of persistently tight supply. The global recycling industry faces challenges including shortages of recycled raw materials supply, rising resource protectionism, cross-border logistics and transportation restrictions, lack of unified global governance, bottlenecks in recycling technology, and incomplete recycling system development. [Keynote Speech] - From India to the World: Sustainable Growth and Responsibility of a Leading Recycler Speaker: Sanchit Jain, Executive Director, Jain Resource Recycling Limited Developed markets (North America, Europe) generate over 70% of the world's scrap; North America has a recycling input rate of 57%, and Europe's aluminum recycling rate reaches 81% — yet their demand growth has slowed down, with scrap becoming a surplus resource exported abroad; Developing countries are where demand is surging — yet collection rates remain below 5%, dominated by informal operators lacking traceability; Globally, policies and market initiatives promoting traceability of recycled resources and ESG disclosure are accelerating at an increasing pace. Scrap generation and consumption exhibit a regional mismatch, with the resource gap formed by supply-demand misalignment increasingly demonstrating strategic significance; Scrap is no longer simply surplus off-cuts, but a core strategic resource reshaping the global recycled resource trade landscape. Recycling Has Become a Core Pillar for Industrial Incremental Growth Why Does the Recycling Industry Hold Critical Strategic Value Today? Secondary resource supply can cover over 40% of future incremental metal demand; reducing dependence on highly volatile primary ore resources. Recycling is the optimal viable pathway for the industry to achieve sustainable and scalable development. [Keynote Speech] - URBAN MINING India's Non-Ferrous Recycling Decade Opportunities & Challenges from a Smelter's Perspective speaker: Pratik Gupta, Assistant Vice President - Operations, Pondy Oxides and Chemicals Ltd Four Core Drivers in Resonance, Continuously Driving Steady Expansion of India's Non-Ferrous Metal Demand 1. Energy Transition Acceleration India has set a clear target of achieving 500GW of non-fossil energy installed capacity by 2030. Power grid expansion, power transmission line construction, and renewable energy integration infrastructure are advancing comprehensively—all of which are high-consumption areas for copper and aluminum, directly boosting rigid demand for both metals. 2. Accelerating EV Penetration India has set a development target of 30% new energy vehicle penetration rate by 2030. A single EV uses approximately 3–4 times the amount of copper compared to traditional internal combustion engine vehicles. Meanwhile, the development of the power battery industry will give rise to an independent scrap recycling system, further opening up incremental space for non-ferrous metals. 3. Large-Scale Infrastructure Investment Implementation Leveraging the 11.1 billion rupee National Infrastructure Pipeline plan, projects including galvanized steel, power infrastructure, and urban rail transit will continue to be implemented over the next decade, providing sustained long-term support for zinc, copper, and aluminum market demand. 4. Manufacturing PLI Policy Empowerment India's Production Linked Incentive (PLI) scheme covers 14 key industries, focusing on metal-intensive sectors such as electronics, automotive, power battery, and capital goods. With policy support, the share of domestic manufacturing continues to rise, driving steady growth in non-ferrous metal consumption. Panel Discussion: Reshaping the Global Recycled Metal Market — Policy Drivers and New Hotspots in India, Pakistan, the Middle East & Japan Moderator: Adam Fan, Chairman, SMM Panelists: Sanjeev Phadke, The Treasurer of BMR, Bureau of Middle East Recycling (BMR) Amar Singh, Secretary General, Material Recycling Association of India (MRAI) Bin Zhang, Trade Director, TOUCHI INTERNATIONAL CORP. Jawed Ahmed, Founder and CEO, Al Qaryan International DMCC Recycling Forum Ketnoye Speech: Key Issues and Challenges Affecting the US Secondary Metals Industry Speaker: Adam Shaffer, Vice President of International Trade and Global Affairs, REMA Panel Discussion Shifting Dynamics in Southeast Asia's Recycled Metals: The Malaysia-Thailand Trade Decline and Vietnam's Rising Recycling Economy Moderator: Rock Ding, Consulting Project Manager, SMM Panelists: Eric Tan, President, Malaysia Nonferrous Metals Association Achirawat Thanasethatokul, Managing Director, Mahanakorn Metalscrap Co., Ltd. Jimin Choi, CEO/Founder, ETREE PTE LTD Michelle Leung, Head of Asia Metals and Mining Sustainability, Bloomberg Intelligence [Keynote Speech] - Analysis of Japan's Recycled Copper Market Speaker: AW YONG YI CHEONG, Senior Secondary Copper Analyst, SMM AW YONG YI CHEONG noted that the current Japanese copper scrap market is gradually transitioning toward a highly competitive "seller ecosystem." Trading models that rely solely on spot cargo procurement are increasingly exposed to the risk of supply disruptions. To secure long-term resource supply, enterprises purchasing externally from outside China need to move beyond traditional spot trading mindsets and establish structural cooperative relationships through deep-binding approaches such as signing long-term contracts and equity partnerships, in order to adapt to the persistently tight market landscape. Panel Discussion Resource Contention in the Secondary Lead Market: Redefining the Global Supply Chain Moderator: Rock Ding, Consulting Project Manager, SMM Panelists: Pratik Gupta, Assistant Vice President - Operations, Pondy Oxides and Chemicals Ltd Eric Tan, President, Malaysia Nonferrous Metals Association Panel Discussion Interpreting Recycled Copper Policies in China, the US, Europe, and Japan and Strategies for Future Raw Material Competition Moderator: AW YONG YI CHEONG, Senior Secondary Copper Analyst, SMM Panelists: Allan Zhang, Head of the Recycled Copper Business Unit, Hailiang Group Co., Ltd. Mr. Vishal Jatia, CEO, GREENLAND AMERICA INC WENCESLAO MANZANO HERNANDEZ, Director, DIMEXA HOLDINGS PTE. LTD. Shunsuke Kuwada, Overseas Manager, Hirata Corporation Co.,Ltd Yoshimichi Murakami, Executive Director, Wakoh Metal Co., Ltd. [Keynote Speech] - Current Status of Lead-Acid Battery in Japan Speaker: Yuji Tanamachi, CEO, IRUNIVERSE The volume of lead-acid battery scrap generated in Japan continues to decline. The reason is the sharp decrease in the number of end-of-life vehicles (ELVs) retired in China. Over a decade ago, the number of ELVs generated in Japan exceeded 5 million units, but now it is approximately 2.7 million units, nearly halved. The chart on the right shows the increase in the average service life of passenger vehicles. The significant decline in ELV numbers was mainly driven by two factors: first, continued decline in new car sales in Japan, directly driven by population decline; second, the climbing scale of used car exports. Since the auction model was popularized in Japan a decade ago, not only ordinary used cars but even retired vehicles could be traded through auctions. Logically, a decrease in total ELV numbers should lead to a corresponding reduction in the number of dismantling enterprises. However, the reality was quite the opposite: the number of dismantling enterprises backed by ex-China capital from Iran, Saudi Arabia, Syria, the Kurdish region, and China continued to grow. Award Ceremony SMM Recycled Metals Industry Premium Scrap Yards SMM Recycled Metals Industry Premium Traders SMM Recycled Metals Industry Premium Equipment Enterprises May 12 Renewable Resources Equipment Forum Panel Discussion Innovation Drives Green Recycling: the Technological Frontier of China's Flotation, Crushing and Sorting Equipment Moderator: Bo Zhou, EVP, SMM Panelists: Owen Liang, Deputy General Manager, Foshan GreenField Environmental Protection Machinery Equipment Co., Ltd. Xian Lu, Chairman, Shandong Luyou renewable resources equipment Co., Ltd. Haihua Cheng, International Trade Minister, Jiangsu Huahong Technology Stock Co.,Ltd. [Keynote Speech] - Volatility Eats Margins for Breakfast Managing Risk Now That Tariffs, Geopolitics, And Supply Shocks Have Driven Base Metal Prices to Multi-year Extremes Speaker: Harsha Ramesh, CEO & Co-founder, Pillar Hedge Aluminum—Supply Shock From February to April 2026, aluminum prices surged by over 20% at their peak within just two months, driven by the following key factors: Strait of Hormuz Disruption: Iran conflict closes shipping lanes; approximately 9% of global supply at risk Gulf Production Hit: EGA flagship plant shut down for up to one year; Bahrain's ALBA halted Compounding Tariff Impact: US Midwest premiums widened significantly, tariffs reshaped physical trade flows Keynote Speech: Precision Sorting Green Future Speaker: Jianan Li, Overseas Sale, Zhejiang Tianli Equipment Technology Co., Ltd. [Panel Discussion] - Breaking Through the Challenges of the Recycling Industry: Real-World Case Studies from High-Quality Suppliers Networking among medium-to-large-scale scrap yards/traders Conference Check-in The 2026 SMM (3rd) Global Renewable Metal Industry Chain Summit & Battery Recycling Forum has now come to a successful conclusion. We sincerely appreciate the strong support from all industry participants and partners. Looking forward to meeting you again next year!

Recycling Industry Events This Week (April 4.27-4.30)

Recently, the environmental impact assessment acceptance public notice for the Jereh Lithium Battery Resource Recycling Project by Jereh Renewable Resources (Chongqing) Co., Ltd. was released. Jereh Renewable Resources (Chongqing) Co., Ltd. plans to invest 100 million yuan to build the Jereh Lithium Battery Resource Recycling Project at No. 1 Qixin West Road, Changshou District, Chongqing. This project plans to invest 100 million yuan (including battery recycling) to construct a 15,000-ton/year spent lithium-ion battery resource recycling project. It will lease 8,400 square meters of standard factory buildings from Chongqing Changshou Economic and Technological Development Zone Investment Group Co., Ltd. (Yanjia Phase V) and build one lithium battery crushing and powdering line.

Recently, the official website of Hunan Zhongbang Renewable Resources Technology Co., Ltd. released a public notice for the draft environmental impact report of the "Annual Processing of 10,000 Tons of Spent Lithium-Ion Batteries and Separator Crushing & Pyrolysis Project." After implementation, the production line will process 10,000 tons of spent lithium-ion batteries and separators annually, producing 4,100 tons of lithium battery black mass and 2,590 tons of copper-aluminum material.