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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. The increase in inexpensive Chinese steel could hurt steelmakers in other countries.

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Zimbabwe lithium miners table refinery plans under govt pressure – ET Auto

Baua Electric

Zimbabwe, Africa’s top producer of lithium, which is used in electric vehicle batteries and to store renewable energy, is prodding miners to refine the mineral locally as it hopes to boost its economy. He declined to name the firms which have submitted plans, but added that government has yet to consider the proposals.

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

If developed democracies want to secure the lithium they need to decarbonize their economies, they’re going to have to get comfortable with Beijing as not just a rival, but a partner. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. Take Albemarle Corp.,

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Study: countries seeking to cut CO2 emissions must get a handle on city-level emissions

Green Car Congress

The researchers set out a framework for gathering and analyzing local information about how cities contribute to pollution levels, and show how these insights could be used to target climate mitigation initiatives most effectively. Total CO 2 emissions of 182 Chinese cities. Shan et al.

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Roskill: Japanese steel industry is poised for a major downsizing in the years to come

Green Car Congress

Nippon Steel’s announcement is the latest example of the challenges faced by the steel industry in developed economies, notes Roskill: overcapacity and environmental regulations. The steel quality gap between Japanese and Chinese material has narrowed; Korea is another strong regional player. —Nikkei report.

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US EV policy to boost free trade agreement nations in battery metal trade – ET Auto

Baua Electric

As the United States intensifies its focus on transitioning to electric vehicles (EVs), nations holding free trade agreements (FTAs) with the US are positioned for a trade boost in the battery metal sector, according to insights from analysts and industry observers at S&P Global Commodity Insights.

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Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

But Wennink said China, the world’s second biggest economy and largest industrial manufacturer, imports more semiconductors than oil, and it has nearly bottomless demand for those older chips.

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