Energy industry imports and exports are facing policy adjustments, including the full removal of export tax rebates for battery products.
On August 4, iron ore prices briefly approached a 13-month low, and the market may face pressure for some high-cost capacity to exit.
On August 4, Global Lithium announced that its Manna lithium project in Western Australia has been approved for development.
Australia-based metals producer Element25's subsidiary has signed a manganese ore offtake agreement with OM Materials.
Indonesian officials said the rare earth export policy has been clarified, with the ban applying only to single products; mineral exports without rare earths resumed on Sunday.
On the macro side, the US-Iran military conflict continues to escalate. US forces struck Iran on the night of July 29, and Trump said military action will resume if diplomacy fails and plans to authorize tariffs on Iran.
The operating reports of the four major miners for Q2 2026 have all been released.
As Indonesia's high-grade laterite nickel ore resources continue to be depleted, the average ore grade keeps declining.
The silico-manganese market is weak, futures broke below 5,600 yuan/tonne, and the main contract closed at 5,602 yuan/tonne, down 1.58%.
Manganese ore spot prices continued to fall, pressured by weaker futures and short-selling funds, with bearish sentiment intensifying.
Xinke Materials plans to acquire a 20% minority stake in Xinke Copper, increasing its ownership to 100% and making it a wholly-owned subsidiary.
The Local Government Association of the Northern Territory is seeking legislative changes to raise local rates on mine areas; the Minerals Council of Australia opposes it.
Indonesia's Energy and Mineral Resources Ministry will map associated rare earth content in downstream nickel and copper products to resolve export barriers.
Shida Shenghua plans to invest RMB 2.805 billion in three projects: 230,000 t/y liquid lithium salt, 12,000 t/y additives, and 200,000 t/y electrolyte.
VC additive prices rose more than 60% in a month, with the supply-demand gap widening.
Vietnam has successfully produced aluminum ingots for the first time, completing the final link in the bauxite-alumina-aluminum industry chain.
Shida Shenghua plans to invest RMB 1.797 billion in a 230,000 t/y liquid lithium salt project.
Torrent Power plans to permanently close its 362 MW coal-fired AMGEN plant in December 2030 and has applied for new coal quota nearly twice its existing capacity.