Rare earth

SK On signed a three-year agreement with POSCO Pilbara Lithium Solution to secure up to 15,000 tons of domestically produced lithium hydroxide.

On September 23, BYD announced the simultaneous market launch of two new compact SUVs: the Sealion 05 DM-i and the second-generation Song Pro DM-i.

Used in the production of iron and steel, coking coal — also known as metallurgical coal — is a key raw material. It differs from thermal coal, which is primarily utilized for electricity generation. Coking coal has special characteristics that allow it to be heated at high temperatures in the absence of oxygen, whereby it is transformed into a porous carbon-rich material briquetting which are integral for steelmaking. The creation of this material is enhanced by coking, a process that allows the properties of metallurgical coke to reach their full potential and serves as a reducing agent in the blast furnace where iron ore can be transformed into crude iron.

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

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SMM Data: China’s LCO Output In August And Forecast For September

SHANGHAI, S

The raw material inventory/output ratio of copper tube enterprises was 4.62% in May, down 0.46 percentage point from the previous month. In recent months, the raw material inventory of copper pipe plants has remained low, mainly due to the significant fluctuations in copper prices. Raw material inventories decreased due to increased orders.