Latest Update in the SMM Niobium / Tantalum Market

Sociedad Química y Minera de Chile (SQM) reported a significant drop in lithium revenues for Q3 2024, reflecting persistent pricing pressures in the global market.

On 15 November, Sigma Lithium released its Q3 2024 results, reporting higher-than-expected production while progressing on its Phase 2 expansion project.

Sayona Mining and Piedmont Lithium have announced a US$623 million all-stock merger to create North America’s largest hard-rock lithium producer.

ExxonMobil and LG Chem have signed a non-binding memorandum of understanding (MOU) for a multiyear supply of up to 100,000 metric tonnes of lithium carbonate.

SMM, Nov 22: According to the SMM survey, as of November 21, copper inventories in domestic bonded zones decreased by 800 mt WoW to 62,000 mt.

ZEEKR announced that its newly introduced ZEEKR 7X model had achieved over 25,000 units in cumulative deliveries within 60 days of its market launch.

BYD Commercial Vehicle held the first showcase event for the 2025 T5 light-duty truck series in Dongguan city, Guangdong province, marking the debut of the new model.

GWM's Chief Technology Officer Ms. Wu Huixiao took to social media to clarify that no such cooperation has been established between GWM and Huawei.