Two Pakistani institutions sign cooperation to advance lithium extraction from geothermal brines
OGDC and Pinstech sign an agreement to jointly advance lithium production in Pakistan.
Source: kuanglifang.cn
lithiumflash
Fast-moving market developments, company updates and policy signals.
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Lithium salt prices edged down slightly during the week; cell and system prices held steady
Lithium salt prices edged down slightly during the week, while cell and system prices remained stable.
Source: KLF Mining
lithiumflash
Rio Tinto H1 aluminum and lithium segment EBITDA up nearly 40%; aluminum output flat
Rio Tinto's H1 2026 aluminum and lithium segment EBITDA rose 38% year on year, with aluminum output flat at 1.68 million tonnes.
Source: KLF Mining
aluminumflash
Tongguan Mine Construction signs Angola copper mine infrastructure contract worth USD 37.65 million
Tongling Nonferrous Metals Group Tongguan Mine Construction Co., Ltd. (stock code: 920019) announced that it has formally signed an Angola copper mine infrastructure construction contract.
Source: KLF Mining
copperflash
Ukrainian mining and metallurgy giant announces production cut due to Black Sea port blockade
Ukrainian mining and metallurgy giant announces production cut due to the Black Sea port blockade.
Source: kuanglifang.cn
ironflash
Zangge Mining receives RMB 616 million interim dividend from Julong Copper
Zangge Mining announced that its associate Julong Copper decided to carry out an interim dividend, and the company received RMB 616 million in cash dividends based on its 30.78% shareholding.
Source: KLF Mining
copperflash
US buys over 200,000 tonnes of copper in a single month; inventories may hit 100-year high
The US is buying refined copper at a pace not seen in at least 12 years, with monthly imports exceeding 200,000 tonnes and copper inventories potentially hitting a 100-year high.
Source: KLF Mining
copperflash
Minmetals Development to acquire iron ore assets for RMB 28.1 billion, targeting resource self-sufficiency
Minmetals Development disclosed a major asset restructuring proposal to divest 100% of Minmetals Trading for RMB 5.519 billion and acquire 100% of Minmetals Mining and Luzhong Mining for RMB 28.115 billion.
Source: KLF Mining
ironflash
August Electrolytic Manganese Supply Tightens; Focus on Supply-Side Operating Guidance
In July, the electrolytic manganese market showed characteristics of low-level stalemate and narrow fluctuations.
Source: KLF Mining
manganeseflash
Silicon-manganese market weak; HBIS August purchase volume up month on month
On August 5, the silicon-manganese market was weak, and mainstream steel tender inquiries have not yet been made.
Source: KLF Mining
manganeseflash
Indonesia's Energy and Mineral Resources Minister Denies Multiple Nickel Firms Operating in Raja Ampat: Only State-Owned Enterprises Hold Licenses
Indonesia's Energy and Mineral Resources Minister denied that multiple nickel companies are operating in the Raja Ampat Islands, stating that only state-owned enterprises hold permits.
Source: KLF Mining
nickelflash
Brazil's Cedro Plans BRL 3.5 Billion Expansion, Targeting Over 20 Million Tonnes of Iron Ore Capacity by 2032
Cedro Mineração announced an investment plan of up to BRL 3.5 billion (approximately $683 million) to raise group capacity to more than 20 million tonnes per year by 2032.
Source: KLF Mining
ironflash
LME Copper Returns to $14,000, Reaches Record High; LME Stocks Critically Low
On August 5, the non-ferrous metals sector rallied broadly. LME copper returned to the $14,000/t mark, spot premiums widened to $115/t (the largest since January), and LME deliverable stocks stood at only 94,000 tonnes, slightly above one day of global copper consumption.
Source: KLF Mining
copperflash
Wanhua Chemical Enters LFP Sector, Adds 820,000 Tonnes of Capacity in 2026
Wanhua Chemical has entered the lithium iron phosphate (LFP) industry, with new capacity of 820,000 tonnes in 2026, and total capacity expected to exceed 1 million tonnes.
Source: KLF Mining
lithiumflash
Tariff Arbitrage Triggers Copper Market Inventory Crisis; LME Copper Nears Record High
The global copper market faces supply tightness due to anticipated US tariff arbitrage; LME copper prices returned to the $14,000 level, just 1% below the historical high.
Source: KLF Mining
copperflash
Cove Kaz Hires Three Companies to Advance Kazakhstan Tungsten Mine Feasibility Study
Cove Kaz has hired DRA Global, ERM, and Knight Piésold to conduct the definitive feasibility study for its Northern Katpar tungsten project in Kazakhstan.
Source: kuanglifang.cn
generalflash
Indonesia RKAB Quota Policy Shows Easing Signals; Nickel and Stainless Steel Futures Rally
Indonesia's RKAB quota policy has shown signals of easing, driving nickel and stainless steel futures higher.
Source: KLF Mining
nickelflash
Rio Tinto's $3 Billion Asset Sale Draws Private Equity Giants
Rio Tinto's $3 billion asset sale has attracted interest from private equity giants including Blackstone and KKR.
Source: kuanglifang.cn
ironflash