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Yutong Bus to deliver 100 electric buses to Chile

Green Car Congress

will deliver 100 full electric buses to Chile. Having sent more than 20,000 vehicles to Latin America over the past 15 years, Yutong has become the leading Chinese bus supplier on the continent. The E12 Electrical Bus, the model Yutong will deliver to Chile, is equipped with 324 kWh battery capacity and low energy consumption.

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LME copper prices at 9-year high

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On 19 February, LME cash prices for copper hit a nine-year peak of US$8,806.50/t. Roskill noted that although Chinese refined metal buying has cooled since an earlier frenzy, several end use subsectors remain busy. Trade data on Chinese copper imports in January and February are not due to be released until 8 March.

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Copper prices rise to 10-year high, near record

Green Car Congress

The price of copper on the London Metal Exchange (LME) rose to $9,990/t on 29 April, marking a ten-year high and closing in on the record high LME price of $10,147.50/t In its new Copper Monthly Insights , Roskill said that the ongoing surge in copper pricing is taking impetus from President Biden’s new CO 2 targets.

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

Baua Electric

“Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick.

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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

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Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year. This means that as well as adhering to the 99.5%

Carbon 225
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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. The Chinese government’s potential moves, including lowering the Required Reserve Ratio (RRR) for major banks, could further energize metal demand and support copper prices.

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Lithium prices bounce after big plunge, but surpluses loom – ET Auto

Baua Electric

Global EV sales jumped 55% last year to 10 million and are expected to climb another 35% this year. Lithium prices rebounded this week for the first time in five months after tumbling from record highs, but new supply of the key mineral for electric vehicle (EV) batteries coming on stream is likely to weigh on the market next year.

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