Core Viewpoint - The strategic partnership between Haichen Energy and CRRC Zhuzhou Electric Locomotive Research Institute aims to supply a minimum of 120GWh of energy storage products during the 14th Five-Year Plan period (2026-2030), enhancing the development of the energy storage industry and accelerating global energy transition [1][2]. Group 1: Strategic Cooperation - The collaboration is driven by the increasing demand for large-capacity energy storage systems, which are essential for building a new power system and improving renewable energy consumption [2]. - The partnership will extend beyond the supply of energy storage products to include smart storage, commercial storage, shared storage, and distributed storage, exploring innovative solutions and business models [2]. Group 2: Product Development - Haichen Energy's ∞Cell 587Ah has achieved early market entry, with mass production starting in August 2025, and has successfully delivered to CRRC Zhuzhou for large-scale projects, validating its reliability and delivery capabilities [3]. - The ∞Cell 1175Ah battery, set to be mass-produced by June 2025, will further enhance the collaboration, providing a differentiated product matrix that meets diverse energy storage needs [4]. Group 3: Industry Ecosystem - The partnership encompasses a full-chain solution from energy storage cells to system integration and end-user applications, aiming to promote large-capacity storage in various scenarios through technological innovation and large-scale application [5]. - This collaboration marks a significant step towards high-quality development in China's energy storage industry, contributing to the construction of a new power system and supporting global energy transition efforts [5].

展会详情 【展会时间】2027年9月28-30日 迁移至阿德莱德举办的原因如下： · 阿德莱德是澳洲南部首府，工商业中心,也是澳洲的重要的港口城市之一，澳洲很多大型的矿业公司的总部或者办事处设在该市。 【展会地点】阿德莱德 【展会周期】两年一届 【中国官方代理】北京金京诚国际展览有限公司 展会介绍 亚太国际矿业技术及工程机械展览会（AIMEX）由励展博览集团澳大利亚公司主办，创办于1970年，两年一届。该展会是澳洲举办历史最悠久，影响力最 大的矿业行业贸易展会，2027年AIMEX将在南澳的阿德莱德举办，展出面积将超过20000平米，这届展会新增了室外展示区，将展示矿业行业一流的产品和 设备、最新的技术与服务。展会历经多年的国际知名展会以及多渠道的宣传推广吸引了超过14,000名来自石油、天燃气、矿业、工程建筑、电子、电力、电 信、交通运输等相关行业的工程、技术人员及贸易采购商。经过权威调查，有61%的参观商表示有采购意向，83%的参观商表示非常满意，65%参展商表示 会继续参加2027年的AIMEX，有65%的参展商已经连续至少3-4届参加AIMEX。 作为矿业大国，澳大利亚拥有领先的技术和服务为全球采矿业 ...

作为国家级高新技术企业与专精特新"小巨人"企业，利柏特在工业模块化领域拥有多项自主研发成果， 部分技术填补国内空白。2021年，公司登陆A股主板市场，进一步拓宽发展通道。南通基地的投产，不 仅强化了利柏特在核电、海洋工程等高端装备领域的制造能力，也为"中国智造"走向全球提供助力。 随着全球能源转型与产业链重构，具备全产业链服务与跨文化项目执行能力的中国高端制造企业正迎来 新一轮发展机遇。利柏特南通基地的建成投产，不仅增强了其在全球模块化工程领域的竞争力，也为中 国高端装备制造出海与全球能源工程建设注入新的产业动能。 利柏特集团董事长沈斌强在致辞中表示，南通工厂投产后公司将着力打造"国内领先、国际一流"的工业 模块制造基地，通过自动化、数字化与智能制造技术深度融合，持续提升产品交付效率与质量。 通州湾示范区党工委书记陆忠华指出，利柏特的成功落户与快速投产，是通州湾发展临港高端装备制造 产业的代表性成果。目前示范区已集聚企业超1200家，包括12家央企和28家上市企业，未来将继续优化 营商环境，支持企业做大做强。 中证报中证网讯(王珞)12月6日，南通利柏特（605167）重工有限公司在通州湾示范区竣工投产。南通 ...

【环球网财经综合报道】全球铜市正经历一场前所未有的狂飙行情。过去一周内，伦敦金属交易所（LME）与上海期货交易所的铜期货价格连续 三次刷新历史纪录，国内沪铜主力合约价格更是强势突破9.3万元/吨大关，单周涨幅高达6.12%，领涨全球市场。这股强劲的上涨浪潮不仅点燃了 资本市场的热情，更让市场对于明年铜价的预期水涨船高，花旗银行等机构已将明年的乐观情境预测上调至惊人的15000美元/吨。 此轮铜价飙升的核心驱动力，源于市场对全球铜现货供应可得性的深切忧虑。12月3日，LME亚洲仓库单日注销仓单量高达5.07万吨，创下十余年 来的最高水平，这一举动瞬间抽紧了本已偏紧的全球库存。目前，LME库存已跌破10万吨关键阈值，而沪铜仓单仅3万余吨，国内社会库存更是 处于历史相对低位。这种极低的库存水平，使得任何风吹草动都可能引发市场的剧烈反应。期货行业资深人士景川指出，下游企业担心本地无货 可提，正提前"抢购"LME仓库里的阴极铜，这种恐慌性囤货行为进一步加剧了价格的上涨。 与此同时，跨市场套利交易也成为推高铜价的重要杠杆。由于COMEX与LME之间存在持续的价差，套利资金不断将铜从LME市场转移至美国仓 库，导致非美地区 ...

Core Viewpoint - The "2025 International Hydrogen Industry Development Forum" held in Shanghai focuses on the theme of "Green Shipping, Green Power, Green Innovation," highlighting hydrogen energy as a key pillar for achieving net-zero emissions and decarbonizing heavy industries [2][4]. Group 1: Forum Highlights - The forum attracted over a hundred guests from government agencies, international organizations, research institutions, and leading enterprises to discuss the forefront trends and future development paths of the green energy industry [2]. - Gunther Beger from UNIDO emphasized the importance of collaboration among governments, enterprises, academic institutions, and international organizations to promote hydrogen development through policy alignment, technology sharing, investment mobilization, and demonstration projects [2][4]. Group 2: Regional Initiatives - Lu Hao, Vice Mayor of Changning District, stated that the district is accelerating the layout of green and low-carbon industries, having gathered over a hundred green low-carbon enterprises and established a new energy industry alliance [4]. - Norway's representative highlighted the deepening cooperation between China and Norway in climate, renewable energy, and green shipping, aiming to turn the forum's vision into practical projects to promote global hydrogen development [4]. Group 3: Technological and Policy Developments - The Deputy Director of the China International Economic and Technical Exchange Center noted that under the "dual carbon" goals, China is incorporating hydrogen energy into its national strategic layout, achieving significant breakthroughs in hydrogen production, storage, and fuel cells [4]. - The Tsinghua Industrial Development Research Institute has established a full industry chain layout in hydrogen technology transformation and industrialization, collaborating with UNIDO to promote technological innovation and global cooperation [5]. Group 4: Research and Reports - The International Hydrogen Center publicly released a report on the development of low-carbon hydrogen industries in emerging markets and developing economies, analyzing global hydrogen market demand, technology maturity, and resource endowments in key regions [5].

Core Insights - LME copper prices surged past $11,500 per ton, reaching a new high of $11,641.5 per ton, marking a year-to-date increase of 32.77% [2][5] - The price surge was triggered by Mercuria's $460 million withdrawal of over 40,000 tons of copper from LME's Asian warehouses, affecting about 24% of the exchange's registered inventory [2][5][7] - The copper market is experiencing a structural supply crisis driven by various factors, including U.S. tariff expectations and increasing demand from AI infrastructure and energy transition [2][8] Market Dynamics - Mercuria's withdrawal led to a significant increase in LME copper cancellation receipts, with 56,875 tons canceled on that day, representing 35% of total inventory [7] - Analysts suggest that the expectation of future copper shortages or price increases is prompting market participants to secure physical copper in advance [7][12] Arbitrage Opportunities - The primary driver of the copper "scramble" is the arbitrage opportunity created by U.S. tariff expectations, with CME copper futures prices significantly higher than LME prices [9][12] - U.S. refined copper imports surged over 100% year-on-year to 1.19 million tons from January to August, with LME inventories rapidly depleting [9][12] Long-term Demand Drivers - The rise in copper prices is supported by structural demand increases from AI and global energy transition initiatives, with predictions of a sixfold increase in copper usage in data centers by 2050 [15][16] - The International Energy Agency (IEA) anticipates that renewable energy projects will create an additional annual demand of up to 4.2 million tons of copper by 2030 [15] Supply Constraints - The development of new copper mines is lengthy, often taking nearly 30 years from exploration to commercial production, leading to supply bottlenecks [18][19] - Existing major copper mines are facing declining ore grades and rising extraction costs, contributing to supply instability [18] Market Sentiment - Wall Street analysts are divided on the future of copper prices, with some predicting structural shortages and others cautioning against current price levels being unsustainable [20][24] - Despite differing views on short-term price movements, there is a consensus on the long-term growth of copper demand driven by AI, energy transition, and electrification trends [27]

Core Viewpoint - The strategic partnership between Haicheng Energy Storage and CRRC Zhuzhou Electric Locomotive Research Institute aims to supply a minimum of 120GWh of energy storage products during the 14th Five-Year Plan period (2026-2030), enhancing the development of the energy storage industry and accelerating the global energy transition [2][10]. Group 1: Strategic Cooperation - The collaboration is driven by the explosive growth in demand for large-capacity energy storage systems, which are essential for building a new power system and improving renewable energy absorption [3]. - The partnership will extend beyond product supply to include various energy storage scenarios such as smart storage, commercial storage, shared storage, and distributed storage, focusing on high safety, high efficiency, and long lifespan solutions [3]. Group 2: Product Development and Market Position - Haicheng Energy Storage's ∞Cell 587Ah has achieved early market entry, with mass production starting in August 2025, and has successfully delivered to CRRC Zhuzhou's new generation 6.25MWh battery module for large-scale projects [5]. - The ∞Cell 1175Ah battery, a cornerstone of the 120GWh cooperation, is set for mass production in June 2025, with the first batch of long-duration storage systems delivered in October 2025, marking its entry into large-scale application [7]. Group 3: Comprehensive Solutions and Industry Impact - The cooperation encompasses a full-chain solution from energy cells to system integration and end-use applications, aiming to expand the market through deep collaboration and technological innovation [8]. - This partnership signifies a new starting point for both companies, contributing to the high-quality development of China's energy storage industry and supporting the construction of a new power system [10].

西芒杜铁矿已探明储量44亿吨，属于世界级的大型优质露天赤铁矿，也是非洲最大的绿地一体化矿山及 基础设施项目。这个总投资超200亿美元的项目将采矿与基础设施建设相结合，包括一条600多公里长的 铁路，把内陆矿床与马瑞巴亚深水港连接起来，从而以前所未有的规模实现货物运输和区域联通。 新加坡《思想中国》杂志网站12月2日文章，原题：西芒杜：一座非洲矿山，可能重塑中国的崛起 几内 亚的一个单一铁矿床能否重塑全球市场以及非中经济关系？西芒杜铁矿项目表明，这是可能的。 11月11日西芒杜项目的投产仪式是几内亚的一个历史性里程碑。几内亚总统敦布亚以及中国、卢旺达和 其他非洲领导人出席了仪式，凸显了该项目在几内亚和非洲地区的重要性以及国际战略分量。当地时间 12月2日，第一船货物已启航，将用约45天时间运往中国，这标志着西芒杜铁矿打通了"矿山—铁路—港 口—海运"全产业链通道，将对全球供应链产生影响。 铁矿石是现代基础设施和制造业的支柱，是全球第二大贸易商品，仅次于石油。中国进口的铁矿石约占 全球进口总量的75%，这一比例相当惊人。中国的需求受到建筑业、城市化、机械制造业、绿色技术以 及约占全球一半的钢铁产量的推动。2024 ...

全球能源转型已进入"攻坚期"，应对气候危机、发展清洁能源成为各国共识。自2015年《巴黎协定》锚定全球温控目标以来，清洁能源市场迎来爆发式增 长，全球清洁能源投资总额从2010年的2430亿美元攀升至2023年的4550亿美元，增幅达87.2%。在此浪潮中，中国清洁能源企业凭借完整产业链、技术创 新力与成本优势，已从"参与者"成长为"引领者"——截至2024年，中国企业在海外清洁能源项目投资额超1410亿美元，业务覆盖东南亚、中东、非洲 及"一带一路"沿线核心区域。金风科技2023年境外收入同比激增82.9%的亮眼业绩，正是中国清洁能源"出海力"的生动注脚。 然而，蓝海之下暗藏礁石。地缘政治博弈、贸易壁垒高筑、文化认知差异等挑战，正不断侵蚀企业海外盈利空间，而贯穿所有难题的核心瓶颈——全球化 人才布局与海外本地化用工管理，已从"发展议题"升级为"生存议题"。中东地区实施的"阿联酋本地化"用工配额便是典型例证，外籍员工雇佣必须绑定明 确的本地员工比例；与此同时，中企出海职位需求在2025年前三季度同比增长38.4%，新能源行业稳居需求前三。这一"合规约束"与"需求爆发"的矛盾清 晰揭示：能否构建适配全球战略的人 ...

Report Title - Nickel and Stainless Steel Daily Review 20251205: Range-bound after Recovery [1] Market Data Summary Shanghai Nickel Futures - On December 4, 2025, the closing price of the near - month contract was 117,600 yuan/ton, down 260 yuan from the previous day. The trading volume was 103,322 lots, a decrease of 9,126 lots, and the open interest decreased by 577 lots. The inventory was 32,595 tons, a decrease of 2,501 tons [2]. - The price differences between different contracts and the basis between spot and futures also showed certain changes, such as the basis of SMM 1 electrolytic nickel average price - Shanghai nickel active contract closing price was 2,130 yuan/ton [2]. LME Nickel - The LME 3 - month nickel spot official price was 14,830 US dollars/ton on December 4, 2025. The trading volume was 5,302 lots, a decrease of 3,162 lots. The inventory was 253,116 tons, an increase of 126 tons [2]. Shanghai Stainless Steel Futures - On December 4, 2025, the closing price of the near - month contract was 12,260 yuan/ton, down 30 yuan from the previous day. The trading volume was 84,742 lots, an increase of 4,381 lots, and the open interest decreased by 871 lots. The inventory was 62,157 tons, a decrease of 180 tons [2]. Core Views Nickel - On December 4, the main nickel contract oscillated within a range. The supply side had stable nickel ore prices, increased nickel ore arrivals at ports last week with inventory depletion at ports. Nickel - iron mills' losses deepened, with domestic and Indonesian production schedules decreasing in December. Electrolytic nickel production schedules increased in December, and the import loss of electrolytic nickel narrowed. The demand side saw a decline in ternary precursor production, a decrease in stainless - steel mill production schedules, and stable alloy and electroplating demand. With inventory increasing in SHFE, LME, and the social sector, and decreasing in the bonded area, the nickel fundamentals are weak with inventory pressure. Considering the repeated expectations of the Fed's interest - rate cuts, after the price recovered from a low level, nickel prices are expected to oscillate within a range [2]. Stainless Steel - On December 4, the main stainless - steel contract oscillated within a range. The spot market had weak trading, and the basis premium widened. Inventory in SHFE decreased, and the 300 - series social inventory last week was 630,500 tons, an increase of 10,100 tons. In terms of supply, stainless - steel production decreased in December, and the 300 - series production schedule declined. The terminal demand was weak. The high - grade ferronickel price decreased, and the high - carbon ferrochrome price remained stable. With loose fundamentals and weakening cost support, stainless - steel prices are expected to oscillate weakly [2]. Investment Strategies Nickel - The trading strategy is to wait and see, with a view score of 0 [2]. Stainless Steel - The trading strategy is to short on rallies, with a view score of 0 [2]