Chemical industry

1. The Ministry of Commerce has announced the total amount, allocation principles, and related procedures of import tariff quotas for fertilizers in 2027: the total amount of import tariff quotas for fertilizers in 2027 is 13.65 million tons. Among them, 3.3 million tons of urea; 6.9 million tons of diammonium hydrogen phosphate; 3.45 million tons of compound fertilizer.

2. According to the Qingdao Municipal People's Government, two large steel structure factories for the Xinyuan Lithium Battery Negative Electrode Material Project have been completed. The project is invested by Qingdao Xinyuan New Material Technology Co., Ltd. and is expected to be completed and put into operation by the end of the year. After reaching production capacity, the annual production capacity will increase from 20000 tons to 100000 tons, with an annual output value of up to 1 billion yuan and a profit and tax of 70 million yuan.

3. On October 14th, Nanchong Economic Development Zone released a public announcement before the approval of the ecological environment impact assessment for the 60000 ton high-end lithium salt project (Phase I) of Sichuan Yongshan Lithium Industry Co., Ltd. The project is planned to be newly built in Nanchong Economic and Technological Development Chemical Industrial Park, Jialing District, Nanchong City, Sichuan Province, with an investment of 1.275 billion yuan.

4. Recently, Mutapa Energy Resources, a state-owned enterprise in Zimbabwe, announced that its Sandawana lithium mine project has confirmed 39 million tons of lithium resources that meet international reporting standards (JORC), of which 28.7 million tons are proven resources, accounting for approximately 72% of the total.

5. On October 13th, Xinjiang Guotai Xinhua's 100000 ton BDO unit is temporarily scheduled for maintenance for 15 days, and there is currently no quotation for BDO spot goods to the outside world.