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  The fluctuation in the operating rate of secondary copper rod plants has intensified, with a shortage of raw materials and pressure from industry transformation coexisting

  In June, the operating rate of secondary copper rod plants was 33.61%, higher than the expected 30.84%, up 3.69% MoM and down 8.44% YoY. The main theme surrounding secondary copper rod enterprises in June remained sales losses. According to SMM's statistical data from the gross profit theoretical model for secondary copper rod sales, secondary copper rod enterprises incurred an average sales loss of 410 yuan/mt in June, an increase of 165 yuan/mt MoM

• Ecuadorian court to rule on costs claimed by mining industry as endangering drilling

• Codelco in Chile: Production increased by 9% in H1, copper recovery on track

• LME copper inventories rise to a nearly one-month high, while SHFE copper inventories drop back slightly

• Inner Mongolia Jianheng Aoneng officially starts mass production of 720V high-voltage solid-state sodium salt batteries, aiming to build the world's largest production site

  Factorial Energy has achieved a significant breakthrough in the development of large-scale solid-state battery cells using FEST (Factorial Electrolyte System Technology). These battery cells have an energy density of 375Wh/kg, can charge from 15% to 90% in just 18 minutes, and operate steadily within a temperature range of -30°C to 45°C.