Latest Update in the SMM Energy Storage Market

[SMM Analysis: Enterprises Halt Production to Observe Policy Impact, Secondary Copper Rod Operating Rate Declines] According to SMM survey data, the operating rate of secondary copper rod reached 21.74% this week (18 surveyed enterprises, total capacity of 1.94 million mt/year), down 6.49 percentage points WoW and 16.15 percentage points YoY. The average price spread of refined and secondary copper rods this week was 729 yuan/mt, 29 yuan/mt lower than last week's 758 yuan/mt...

How Was the Operating Situation of Zinc Downstream Sectors in the First Week of 2025? This week, zinc downstream consumption showed mixed performance. The production of galvanizing and zinc oxide declined as the weather gradually turned colder, year-end approached, and some end-user orders entered the off-season, coupled with enterprises taking holidays, leading to a decrease in operating rates...

[SMM Analysis] SMM has learned that on January 3, the China Huadian Corporation announced the tender for the 2025 LFP Electrochemical ESS Framework Procurement. This centralised procurement will adjust the battery prefabricated cabin prices in the contract for shortlisted suppliers based on the price fluctuation of lithium carbonate (99.5% battery-grade) published on the official website of SMM. The estimated procurement capacity is approximately 6 GWh, including the supply and installation guidance of 0.5C and 0.25C LFP electrochemical ESS (including batteries). The battery cell capacity is ≥314Ah, with an overall warranty of five years.

[SMM Analysis: Rare Earth Market Fluctuates in December, How Will Prices Develop in the Future?] Reviewing the development of the rare earth market in December, the listing prices of China Northern Rare Earth remained unchanged at the beginning of the month, which was within market expectations and thus did not have a significant impact on the overall market. Pr-Nd product prices showed a continuous downward trend due to weak downstream demand.

For 2025, GAC Group aims to achieve a 15% year-over-year growth in annual sales.

Die-Casting Zinc Alloy Consumption Q4 Review and Q1 Outlook As 2024 is coming to an end and 2025 is gradually unfolding, let us take this period to review Q4 and look ahead to the performance of the die-casting zinc alloy market in Q1. This article will focus on a detailed analysis of overall operating conditions, end-use consumption, and inventory...

[SMM Analysis: Silver Nitrate Production Declined in December?] Silver nitrate production in December fell 8.7% MoM and 11.4% YoY.

[SMM Analysis: 2024 Rare Earth Market Dynamics Review and Future Outlook] Reviewing the entire year of 2024, domestic NdFeB blank production reached 280,000 mt, equivalent to a Pr-Nd oxide demand of approximately 90,000 mt, which was basically balanced with the Pr-Nd oxide production in 2024. After experiencing ups and downs, the price of Pr-Nd oxide finally began to fluctuate rangebound in Q4.