Latest Update in the SMM Silicon Market

【Rio Tinto and US Company Collaborate to Successfully Extract Primary Gallium for First Time, Plan to Advance Commercial Production】① Rio Tinto announced that, in collaboration with US-based Indium Corporation, it has successfully extracted primary gallium metal for the first time, with both parties committed to achieving commercial production of this critical rare metal in the future; ② If Rio Tinto successfully achieves commercial-scale gallium production at its refinery in Quebec, Canada, it is expected to reach an annual production capacity of 40 mt, equivalent to approximately 5% to 10% of the current global total production. (Financial Associated Press)