Concluding our series, we shift focus to 2026's emerging NdFeB growth drivers: robotics, low-altitude economy, and electric two-wheelers. While viewed as the "second growth curve," we analyze their actual demand support amidst current macro and industry cycles to determine if they can offset traditional sector slowdowns.

1. Procurement Conditions The purchaser of this procurement project for cold-rolled steel strip for cored wire (AGZYFZHGXHD260325276365) was Ansteel Group Zhongyuan Industrial Development Co., Ltd. The funds for the procurement project came from self-raised sources. The project had met the procurement conditions, and an open inquiry and comparison was now conducted. 2. Project Overview and Procurement Scope 2.1 Project Name: Cold-Rolled Steel Strip for Cored Wire 2.2 Alternative Procurement Method in Case of Procurement Failure: Negotiated Procurement 2.3 For the content, scope, and scale of this project procurement, please refer to the attachment "Material List Attachment.pdf" for details. 3. Bidder Qualification Requirements 3.1 Consortium bidding was not permitted in this procurement. 3.2 This procurement required bidders to meet the following qualification requirements: See the attachment for details (if necessary) 3.3 This procurement required bidders to meet the following registered capital requirement: Registered capital: RMB 200,000 and above 3.4 This procurement required bidders to meet the following performance requirements: At least one steel strip sales contract within the past three years and the corresponding VAT invoice had to be provided. 3.5 This procurement required bidders to meet the following capability requirements, financial requirements, and other requirements: Financial requirements: See the attachment for details (if necessary) Capability requirements: See the attachment for details (if necessary) Other requirements: See the attachment for details (if necessary) 3.6 For projects that must be tendered in accordance with the law, bids submitted by dishonest persons subject to enforcement were invalid. 4. Acquisition of Procurement Documents 4.1 Any interested bidder should log in to the Ansteel Smart Tendering and Bidding Platform at http://bid.ansteel.cn to download the electronic procurement documents from 17:00 on March 26, 2026 to 13:00 on April 3, 2026 (Beijing time, the same hereinafter). Click to View Tender Details:

Recently, Mingyang Hydrogen’s MYH-K-1000 electrolyzer completed the authoritative evaluation under the China Hydrogen Alliance’s “Leader Program” and received the official test report. With multiple industry-leading performance indicators, it has established a new benchmark for alkaline electrolyzers adapted to fluctuating new energy scenarios, marking a major technological milestone for the company in the field of hydrogen energy equipment. This product is the first 1,000 Nm³/h-class alkaline electrolyzer on the China Hydrogen Alliance’s field-testing platform to achieve the “15th Five-Year Plan” target of 20%–120% ultra-wide flexible load regulation . At the 20% minimum load, it can stably control hydrogen content in oxygen to within 1.5%, enabling long-term stable operation. It also features rapid load response capability of 5%/s to 10%/s. Its core performance is industry-leading and perfectly suited to the flexible operating conditions of wind and solar power generation, providing robust support for the development of the green fuel industry. The test certification presentation ceremony was held at Mingyang Hydrogen’s Beijing Center. Yu Tianxiao, Director of the Quality Value Center at Guoneng Hydrogen Innovation and Deputy General Manager of Hydrogen Testing Technology, presented the certification report to Pan Yongle, Executive Director and CEO of Mingyang Hydrogen, and both parties witnessed this important moment together. Rigorous Field Testing Validates Outstanding Performance, Strong Results Under Extreme Cold Conditions According to the alliance’s field-test data, under 100% rated load, the MYH-K-1000 kept hydrogen content in oxygen below 0.5% and successfully passed load ramp-up and ramp-down tests at 3%/s and 5%/s. Under the ultra-low load of 20%, hydrogen content in oxygen remained compliant, while DC power consumption was as low as 3.85 kWh, achieving efficient and stable operation. This long-duration test was conducted throughout in an outdoor environment at minus 20°C . The product still demonstrated excellent cold and hot start capabilities, as well as high reliability, high safety, and fully flexible operating characteristics, overcoming the longstanding low-temperature operating limitations of traditional electrolyzers and enabling adaptation to more extreme application scenarios. Breakthroughs in Core Technology Innovation Set a New Industry Benchmark This electrolyzer adopts advanced integrated die-casting technology, delivering high consistency in its internal structure. The area of its electrolysis unit is 75% larger than that of traditional designs, and it overcomes sealing challenges on the basis of zero-electrode-gap technology, significantly improving product performance and production efficiency and setting a new technological benchmark for the industry. Company Statement: Continuous Innovation-Driven Development and Deepening Commitment to Hydrogen Energy Equipment Pan Yongle, CEO of Mingyang Hydrogen, stated that this certification is the result of the team’s technological breakthroughs. The company will continue to uphold the philosophy of “innovation-driven, green future,” further increase R&D investment, launch more high performance products, provide global clients with high-quality hydrogen energy solutions, and support the industry’s high-quality development.

Only 15 days remain until the opening of the 14th Energy Storage International Summit and Exhibition, ESIE 2026! New business models, new products, and new technologies in the global energy storage industry will be showcased in a concentrated manner on the ESIE 2026 platform! The countdown has begun, and the world’s largest, highest-level, and most influential gathering of ideas and technologies in the global energy storage industry is about to open! ●Exhibition Dates: April 1–April 3 ●Summit Dates: March 31–April 3 ●Venue: Beijing · Capital International Exhibition & Convention Center Scan the QR code above for free exhibition admission Six themed exhibition halls, over 160,000 m² of exhibition space, 800+ exhibitors/sponsors—the full detailed floor plan for all halls of ESIE 2026 is officially unveiled! Save and bookmark it to locate the brands and exhibition areas you are interested in! Detailed forum schedules have been released: Cutting-Edge Technology Led by 9 academicians! Detailed agenda for the 9th Energy Storage Frontier Technology Conference released Mechanism Innovation Detailed agenda released | ESIE 2026 Themed Forum: New-Type Energy Storage and the Electricity Market Detailed agenda released | Regional Characteristic Market Forum, Generation-Grid-Load-Storage and Green Electricity Direct-Connection Integration Forum Market-Driven Growth Detailed agenda released | ESIE 2026 Themed Forum: Development and Operation of Standalone ESS Projects Detailed agenda released | ESIE 2026 Themed Forum: Coordinated Development of Energy Storage + AIDC Detailed agenda released | ESIE 2026 Themed Forum: Energy Storage + New Business Models and New Development Global Perspective Detailed agenda released | ESIE 2026 Themed Forum: Development and Trends in the Global Energy Storage Market A Barometer of the Development of China’s Energy Storage Industry The 14th Energy Storage International Summit and Exhibition ESIE 2026 Exhibition Dates: April 1, 2026–April 3, 2026 Summit Dates: March 31, 2026–April 3, 2026 Venue: Beijing · Capital International Exhibition & Convention Center

1. Tender Conditions The tenderer for the tender project Safety and Energy-Saving Copper Conductor Rail and Other Items (AGGFGSHGZHD260309272569) was the Materials Procurement Department of the Equipment and Materials Procurement Center of Angang Steel Company Limited. The funds for the tender project were self-raised, and the project had met the tender conditions. It was now open for public tendering. 2. Project Overview and Tender Scope 2.1 Project Name: Safety and Energy-Saving Copper Conductor Rail and Other Items 2.2 Alternative Procurement Methods in Case of Tender Failure: Direct procurement, negotiation-based procurement 2.3 For the content, scope, and scale of this project tender, please refer to the attachment, Material List Attachment.pdf. 3. Bidder Qualification Requirements 3.1 Consortium bidding was not permitted for this tender. 3.2 The bidder was required to possess the following qualifications for this tender: See attachment (if required) 3.3 The bidder was required to meet the following registered capital requirements for this tender: Registered capital for manufacturers: 10.0 million yuan and above 3.4 The bidder was required to have the following performance qualifications for this tender: See attachment 3.5 The bidder was required to have the following capability requirements, financial requirements, and other requirements for this tender: Financial requirements: See attachment Capability requirements: See attachment Other requirements: See attachment 3.6 For projects that were legally required to undergo tendering, bids submitted by dishonest persons subject to enforcement were invalid. 4. Acquisition of Tender Documents 4.1 Any interested bidder should log in to the Angang Smart Tendering and Bidding Platform at http://bid.ansteel.cn to download the electronic tender documents from 10:00 on March 16, 2026 to 08:00 on April 9, 2026 (Beijing time, the same hereinafter). Click to view tender details:

A U.S. startup called Valor is developing electrochemical liquid extraction technology to recover copper and other metals from ores and electronic waste. The process aims to reduce energy use and pollution compared with conventional smelting. The company plans to build its first commercial facility in Houston.

Recently, construction began on the annual output project of 8,000 mt of aluminum alloy products by Henan Yuanguangcheng New Technology Co., Ltd. (hereinafter referred to as “Yuanguangcheng Technology”) in the Queshan County Development Zone. This marked a critical step forward for Queshan County in advancing advanced manufacturing and improving the intelligent equipment manufacturing industry chain. The project is located on the southwest side of Gongye 1st Road and Kaiyuan Road in the Queshan County Development Zone, covering nearly 30 mu, with a total investment of 81 million yuan. It is expected to build high-standard factory buildings and modern production lines, with a total construction area of 25,000 m².

India's Solar Energy Corporation of India (SECI) has launched a tender for 1 GW of round-the-clock (RTC) renewable energy projects under a build-own-operate (BOO) model. A mandatory requirement is the inclusion of energy storage systems (ESS), which can be owned directly or contracted via third parties, and all projects must connect to the interstate transmission system (ISTS). SECI will offer 25-year power purchase agreements (PPAs) to successful bidders, with individual bid capacities ranging from 100 MW to 500 MW. Notably, developers with existing 'untied capacity' from operating or under-construction projects are also eligible to participate and may benefit from extended PPA terms.

1. Tender Conditions The tender project March Titanium Metal Petroleum Coke No. 2 Public Tender (PGWZMYHGZHD260310272703) had the Bid Inviter as the Materials Division of Pangang Group Material Trading Co., Ltd. The funds for the tender project came from self-raised sources. The project had met the tender conditions, and a public tender was now being conducted. 2. Project Overview and Tender Scope 2.1 Project Name: March Titanium Metal Petroleum Coke No. 2 Public Tender 2.2 Alternative Procurement Method Upon Tender Failure: Negotiated procurement 2.3 For the tender content, scope, and scale of this project, please refer to the attachment "Material List Attachment.pdf" for details. 3. Bidder Qualification Requirements 3.1 Consortium bidding was not permitted for this tender. 3.2 This tender required bidders to meet the following qualification requirements: See the attachment for details (if necessary). 3.3 This tender required bidders to meet the following registered capital requirement: Manufacturer registered capital: 6 million yuan or above 3.4 This tender required bidders to meet the following performance requirements: When submitting bids, bidders were required to provide proof of performance for petroleum coke products from 2022.1.1 to the bid submission deadline (scanned copies of invoices; if no Pangang supply performance was uploaded, the bidder would be deemed a new supplier). 3.5 This tender required bidders to meet the following capability requirements, financial requirements, and other requirements: Financial requirement: registered capital ≥ 6 million yuan Capability requirement: provide valid enterprise qualification certificates, namely scanned copies of the original or duplicate business license; Other requirements: see the attachment for details (if necessary). 3.6 For projects that must be tendered in accordance with the law, bids submitted by dishonest persons subject to enforcement were invalid. 4. Acquisition of Tender Documents 4.1 Any interested bidder shall, from 08:45 on March 12, 2026 to 08:45 on April 1, 2026 (Beijing time, the same hereinafter), log in to the Angang Smart Tendering and Bidding Platform at http://bid.ansteel.cn to download the electronic tender documents. Click to View Tender Details:

Electra Battery Materials (NASDAQ, TSXV: ELBM) has signed a fresh deal with LG Energy Solution that would see the company supply battery-grade cobalt to the South Korean firm through at least 2029. The parties on Tuesday signed a new term sheet outlining Electra’s commitment to supplying 60% of the cobalt sulfates produced at its Ontario refinery, which is currently under construction. The supply agreement is valid through 2029, plus a three-year extension option. This agreement follows an initial three-year agreement signed in 2022 and the subsequent five-year extension announced in July 2023, reflecting Electra’s updated production timelines under the contract.