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[Yongshan Lithium Industry: The Hunan Yongshan Phase III project plans to be put into trial production before the end of the year and strive to reach production standards within three months] On November 3, Yang Feng, general manager of Yongshan Lithium Industry, said at a performance briefing held this afternoon that the company's ferromolybdenum business will achieve a small profit in the first three quarters of 2026. In terms of new lithium salt production lines, the Hunan Yongshan Phase III project plans to be put into trial production before the end of the year, and strives to reach production standards within three months; all preliminary preparatory work for the Sichuan Yongshan Phase I project has been fully rolled out, and key tasks such as project planning and design, compliance approval and other matters are being advanced in an orderly manner. (Reporter Wang Bin)
#Extracting lithium from salt lakes#Nonferrous·Molybdenum11-03 17:57
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["Shock Wave" of Rising Copper Prices, AI Computing Power Detonates Global "War for Copper"] September 9th, Copper prices once again staged a wild surge on the evening of September 8th. The capital market has fully anticipated this. "We have always judged that copper prices are likely to rise." A researcher at a futures company told reporters. CICC made it clear in its outlook for the second half of 2026 that the rise in copper prices is more certain and is expected to move towards a new high of US$15,000/ton. Industrial chain giants are also bullish. In an interview with reporters, the management of China Molybdenum said that the supply side of copper is still tight, and emerging fields such as AI have brought new demand support, and copper prices are expected to remain stable and improve. Zijin Mining believes that the scarcity of high-quality copper resources coupled with supply constraints at the mine end has established a pattern of long-term structural shortages in the copper market. Why are copper prices rising? Will it continue to rise? What are the impacts of high copper prices? How do downstream companies respond? Reporters' frontline research found that this round of rapid rise in copper prices is not only a violent impact of the new economy on old supply, but also the epitome of the global resource game. It has not only brought huge pressure to the middle and lower reaches of the industrial chain, but also given birth to new market opportunities. (Shanghai Securities News)
#AI computing power#Computing power#Futures Market Intelligence#AI#nonferrous metals#Non-ferrous·Copper#Nonferrous·Molybdenum09-09 07:14