Key Takeaways POSCO Future M opened a 45,000-ton precursor plant in Gwangyang to support cathode material production. The plant enhances quality control and supply chain self-sufficiency for POSCO Future M. POSCO secures key materials like nickel and lithium from group subsidiaries outside of China.POSCO Holdings Inc.’s (PKX) POSCO Future M unit successfully completed its precursor plant with an annual capacity of 45,000 tons in Gwangyang, Jeollanam-do Province. To mark its completion, a ceremony was held ...

Market Overview - A-shares experienced a strong rally on June 24, with all three major indices rising, as the Shanghai Composite Index closed at 3420.57 points, up 1.15% [1] - The Shenzhen Component Index rose by 1.68% to 10217.63 points, while the ChiNext Index increased by 2.30% to 2064.13 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 14146 billion yuan, a significant increase of 2920 billion yuan compared to June 23 [1] Sector Performance - Most industry sectors saw gains, with notable increases in the electric machinery, battery, automotive parts, gaming, and packaging materials sectors [1] - Conversely, the mining, oil, gas, shipping, and precious metals sectors experienced declines [1] - The robotics and autonomous driving concept stocks showed a rebound, indicating a positive sentiment in these areas [1] Capital Flow and Market Sentiment - The market demonstrated strong capital inflow, with over 166 billion yuan entering the market on June 24, indicating robust buying interest from external funds [3] - The securities sector, often seen as a market leader, experienced significant gains, which helped boost overall market sentiment [3] - The market has shown a "peaceful coexistence" state for two consecutive days, with large-cap stocks rallying alongside small-cap stocks [2] Company Spotlight: Xiangtan Electric - Xiangtan Electric, a prominent player in battery materials and wastewater treatment, has seen its stock rise significantly, with 125 out of 146 local stocks increasing in value [3] - The company reported a net profit of 47.32 million yuan for Q1 2025, with a year-on-year decline of 2.54% [3] - Xiangtan Electric is recognized as a global supplier of electrolytic manganese dioxide, widely used in battery applications, and has established joint R&D mechanisms with solid-state and semi-solid-state battery companies [3]

19 Jun 2025 05:24:15 ET │ 9 pages China Battery Materials Lithium into 3rd week of Jun – Market building surplus, low prices will pressure suppliers CITI'S TAKE Citi Commodity Team updated their 3Q25 lithium outlook this week (see report), downgrading 0-3mth price for SC6 spodumene to US$600/t (from US$700/t) and maintaining 0-3mth price target of US$7k/t for lithium salts – China carbonate (incl. VAT) and hydroxide CIF Asia. The updated balances suggest that the lithium market has been building large surpl ...

Key Takeaways POSCO unveiled a research and development lab in Perth to boost battery materials and rare earths. The lab supports POSCO's drive for raw material localization and carbon-reducing innovations. PKX aims to advance tech in lithium, nickel and rare earths through local collaboration.POSCO Holdings (PKX) has opened the Australia Critical Minerals R&D Lab in Perth with the goal of achieving ultra-gaps in technological competitiveness in the steel, battery material, raw materials and rare earth in ...

Westwater Resources (WWR) Q1 2025 Earnings Call May 27, 2025 01:00 PM ET Speaker0 Thank you for standing by. This is the conference operator. Welcome to the Westwater Resources Inc. First Quarter twenty twenty five Business Update Conference Call. As a reminder, all participants are in a listen only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. I would now like to turn the conference over to Frank Pauper, President and CEO. Please go ahead, ...

Core Viewpoint - The U.S. Department of Commerce has made a preliminary affirmative determination to impose countervailing duty tariffs of up to 721% on synthetic and natural graphite anode material imported from China, which is seen as a significant step towards supporting domestic production of critical minerals for energy independence [1][2]. Group 1: Company Developments - NOVONIX Limited is part of the American Active Anode Material Producers, which filed the trade case against Chinese graphite imports, highlighting its role in advocating for U.S. graphite industry interests [3]. - The company is expanding its production capabilities with plans for a new high-performance synthetic graphite manufacturing plant in Chattanooga, Tennessee, which will complement its existing Riverside facility, aiming for a total production capacity exceeding 50,000 tonnes per annum [4]. Group 2: Industry Context - The preliminary ruling by the Department of Commerce follows a determination by the International Trade Commission that China has been suppressing the establishment of the graphite industry in the U.S. by exporting graphite at artificially low prices, impacting the lithium-ion battery supply chain [1][2]. - The ongoing antidumping duty investigation by Commerce may lead to additional tariffs, compounding the impact of the countervailing duties [2].

Core Insights - Electra Battery Materials Corporation commends the Ontario government's C$500 million Critical Minerals Processing Fund, which aims to build a domestic supply chain for clean energy technologies [1] - The fund is expected to enhance local industry capabilities and support the growth of electric vehicle and battery manufacturing in Ontario [2] - Electra's CEO highlighted the importance of a North America-first approach to secure critical mineral supply chains amid global competition, particularly against China's dominance [6] Group 1: Government Initiatives - The C$500 million fund represents a significant investment in critical mineral processing, aligning with Electra's mission to create a sustainable battery materials supply chain [1][2] - The fund is anticipated to generate economic opportunities in Northern Ontario communities, supporting clean energy and electric vehicle manufacturing [2] Group 2: Company Strategy and Positioning - Electra is focused on developing North America's only cobalt sulfate refinery and aims to onshore critical minerals refining to reduce foreign reliance [7] - The company is also exploring nickel refining and battery recycling, with projects including black mass recycling and potential cobalt production in Quebec [7] Group 3: Industry Engagement - At the 2025 SelectUSA Investment Summit, Electra's CEO engaged with key stakeholders, emphasizing the urgency of reducing foreign dependence on critical minerals [4] - The company looks forward to collaborating with newly appointed federal cabinet ministers to advance clean energy and critical minerals priorities [5]

Group 1: Investment Overview - POSCO Holdings announced a total investment of KRW 922.6 billion (approximately $660 million) to enhance competitiveness in its rechargeable battery material subsidiaries [1] - The investment includes KRW 525.6 billion for POSCO Future M, KRW 328 billion for POSCO Pilbara Lithium Solution, and KRW 69 billion for POSCO GS Eco Materials [1] Group 2: Strategic Intent - This investment is part of the company's strategy to prepare for significant market expansion following a slowdown in the electric vehicle sector [2] - POSCO Holdings aims to bolster future competitiveness in the battery materials industry and improve financial stability [2] Group 3: Specific Investments - POSCO Holdings plans to acquire the full allocation of new shares in POSCO Future M, corresponding to its 59.7% ownership [3] - The capital increase for POSCO Future M is expected to support ongoing investments to boost production capacity for anode and cathode materials, including a joint plant in Canada [4] - Investments in POSCO Pilbara Lithium Solution and POSCO GS Eco Materials are aimed at sustainable growth in lithium and recycling operations [5] Group 4: Market Performance - In the past year, shares of PKX have lost 39.7%, compared to the industry's decline of 36.5% [7]

Core Points - Euro Manganese Inc. announced that shareholders voted in favor of all matters at the Annual General & Special Meeting held on May 15, 2025 [1] - The company will have a change in Chief Financial Officer effective at the end of May 2025 [2][17] - The company is focused on becoming a leading producer of high-purity manganese for the electric vehicle industry [18] Voting Results - All five management nominees for director positions were elected with significant support, with Ludivine Wouters receiving 95.49% of votes in favor [2][10] - PricewaterhouseCoopers LLP was appointed as auditors with 89.10% of votes in favor [2][10] - The re-approval of the Company's Stock Option Plan received 91.23% of votes in favor [2][10] Issuance of Securities - The issuance of 21,400,000 Units to the European Bank for Reconstruction and Development (EBRD) was approved [4] - The issuance of 4,904,478 broker warrants to Canaccord Genuity and Foster Stockbroking was approved with 87.03% of votes in favor [7][14] - The issuance of 22,263,733 Orion Warrants to OMRF (BK) LLC was approved with 93.97% of votes in favor [7][14] Company Overview - Euro Manganese is advancing the Chvaletice Manganese Project in the Czech Republic, which involves reprocessing old tailings from a decommissioned mine [18][19] - The project is positioned to provide critical raw materials for battery supply chains in the European Union [19]

TORONTO, May 13, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced the filing of its first quarter 2025 financial reports. Highlights from the Quarter: Leadership Strengthening – In January, Electra welcomed Marty Rendall as Chief Financial Officer (CFO), followed by the appointment of Alden Greenhouse to the Board of Directors in February, together bringing additional financial and critical minerals strategic bench streng ...