Recovering valuable cobalt lithium metal from used lithium battery materials has become a vital way to reduce battery costs and ensure the supply of raw materials. Recently, Canada's Li-Cycle Corp has reported its first shipment of commercially recycled battery material from its facility in Ontario. The company says it is one of the few companies globally capable of recovering critical battery materials from lithium-ion batteries in a sustainable and safe manner.

Foxconn opto-mechanical's high-end tungsten steel project successfully settled in Jincheng Park. Jincheng Industrial Fund and other companies jointly completed the first phase of the project to invest 80 million yuan to promote the city's cooperation with the group to cultivate the optical mechanical and electrical industry, create a smart manufacturing brand and the "World Optics Valley" in Shanxi province, as well as promote high-quality transformation.

The world's first semi-solid lithium-ion battery architecture will be used in Japanese electronics company Kyocera's new launching Enerezza residential storage fleet, which can greatly improve the economics of the battery and accelerate the price revolution of battery energy storage. It will be the first company to bring this technology to market, according to foreign media reports.

Ormonde Mining is considering all future options after opting to sell out of its chief asset. So the Meath-based prospector has decided to sell its 30% stake in the Barruecopardo tungsten mine, in western Spain, for €6m to its joint-venture partner US investment firm Oaktree Capital Management.

Scott Mitchell and David Evans are both through to the Quarter-Finals at the 2020 BDO World Championship to end the evening session at the Indigo at the O2.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium paratungstate (APT) prices are in the upward trend because tungsten institutions and listed companies raised their new guide prices for the first half of January. 

Rare earth market quotation in China: dysprosium oxide and praseodymium neodymium oxide prices decline slightly while cerium oxide price maintain stability. 

Molybdenum market quotation in China: the latest of molybdenum concentrate and molybdenum oxide prices edge higher while ferro molybdenum price is unchanged from the previous trading day on the stability in mentality of both buyers and sellers. 

On rare earth exploration, Japan plans to use the deep-sea exploration ship "Earth" to carry out practical verification of the sea bottom rare metals around the South Bird Island of the Ogasawara Islands from 2021. This is more than a year ahead of schedule.

SKC would acquire KCFT, the world's top manufacturer of copper foil for the use of lithium batteries, to diversify its business portfolio, according to report on January 6. SKC is a South Korea-based company mainly engaged in the production and sale of polyethylene terephthalate (PET) film.