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  U.S. Magnesium Bankruptcy Hinders Pollution Control, New-Type Rock Refining Technology Impacts Aluminum and Magnesium Supply Chain Landscape [SMM Survey]

  [SMM Survey: US Magnesium Bankruptcy Hinders Pollution Control, New Rock Refining Technology Impacts Aluminum and Magnesium Supply Chain Landscape] Following the bankruptcy of US Magnesium, the remediation of severe pollution at its Utah plant has stalled due to a funding gap exceeding $100 million. Meanwhile, Brimstone has launched a "fourth-generation refinery" strategy centered on rock refining technology. This technology utilizes silicate rocks to produce various metals such as aluminum and magnesium through a fully electrified process, while simultaneously generating low-carbon cement. A demonstration plant is already under construction and has secured an order from Amazon. If successful, this approach could reshape the global aluminum and magnesium supply chain landscape by revolutionizing raw material and energy structures.

• Silver prices surged significantly, traders hesitated to buy high and adopted a wait-and-see approach, spot market transactions were sluggish. [SMM Daily Review]

• Secondary Lead: Lead Prices Maintain Downward Trend, Downstream Exhibits Wait-and-See Sentiment, Purchase Enthusiasm Declines [SMM Lead Midday Review]

• [SMM Nickel Sulphate Daily Review] December 17th: Weak Purchasing Sentiment, Nickel Salt Prices Decline

  On December 17, the SMM battery-grade nickel sulphate index price was 27,129 yuan/mt, with the quotation range for battery-grade nickel sulphate at 27,380-27,480 yuan/mt, and the average price decreased compared to the previous day.

• SHFE Tin Prices Rebound After Previous Day's Sharp Decline, Focus on Open Interest Changes in Afternoon Trading [SMM Tin Midday Review]

  [ SMM Tin Noon Review: SHFE Tin Prices Rebound After Previous Day's Sharp Decline Focus on Open Interest Changes in Afternoon Trading ]