Latest Update in the SMM Cobalt Market

[SMM Data: LiPF6 December Production Data] LiPF6 production in December 2024 fell 3% MoM, with a projected decline of 8% in January.

[SMM Data: Electrolyte Production Data for December] Electrolyte production in December 2024 was down 5% MoM, with a projected decline of 9% in January.

On January 2, 2025, China’s Ministry of Commerce issued a file titled “Notice on Adjustments to the Public Consultation for the Catalogue of Technologies Prohibited or Restricted from Exporting from China.” The notice mentions the potential implementation of export restrictions on battery and lithium processing related technologies. The deadline for feedback submission is February 1, 2025.

Recently, POWERCHINA met with Sajalices Energy at its regional headquarters in Panama to finalize the EPC contract for the 530-megawatt Sajalices Photovoltaic Project.

On December 28, the winner of the EPC contract for a 300-megawatt fishery-PV complementary project in Tongbai County, Henan Province, was disclosed.

Jakson Group, a leader in energy and infrastructure solutions, has joined forces with OMC Power to implement a 50 MW solar rooftop project across all 75 districts of Uttar Pradesh.

The American Interior Department approved the SouthCoast Wind farm, a 2.4-gigawatt project near Massachusetts, marking potentially the last offshore project approved under President Biden.

SMM China's Monthly Base Metals Production Data Is Scheduled for Release at Month-End, Aiming to Uncover the True Fundamentals and Provide Industry Participants and Investors with a Clearer Understanding of the Future Trends in the Nonferrous Metals Market.