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September 9th - Apples 2026 fall product launch event will be held in the early hours of September 10th Beijing time. Industry insiders expect the iPhone 18 Pro series and Apples first foldable screen product to be unveiled. It was also learned on September 9th that this years Apple products will continue to be launched simultaneously on Meituan Flash Sale. On the day of release, Apple Authorized Stores across the country will offer genuine products with in-stock delivery services as fast as 30 minutes.On September 9th, according to US media reports, Indonesian AI infrastructure platform Zankore, backed by Nvidia, signed a $3.1 billion loan agreement on Wednesday to purchase advanced chips, highlighting Asias surging demand for computing power. According to a Zankore statement, Citigroup, ING, Natixis, Qatar National Bank, and UOB underwrote the loan, making it one of the largest AI infrastructure financings in Asia. Citigroup served as the sole debt advisor for the deal. GPU financing is becoming the next frontier for AI lenders, with banks and private credit moving beyond data centers to focus on the hardware that powers them. In Asia, bank-led deals have been scarce due to uncertainty surrounding chip residual value and geopolitical risks stemming from the US-China technology competition.On September 9th, OpenAIs CFO stated that the company is considering reforming its pricing model, testing a new performance-based pricing model, gradually moving away from pay-per-use pricing, and competing with lower-priced open-source models.On September 9th, Hunan Gold announced that on September 9th, 2026, the company received a document forwarded by its controlling shareholder, Hunan Provincial Mineral Resources Group Co., Ltd., entitled "Approval from the Hunan Provincial State-owned Assets Supervision and Administration Commission Regarding Hunan Gold Co., Ltd.s Issuance of Shares to Purchase Assets and Raise Supporting Funds and Related Party Transactions" (Xiang Guo Zi Chan Quan Han [2026] No. 47). The main contents are as follows: 1. The company is approved in principle to acquire 100% equity of Hunan Gold Tianyue Mining Co., Ltd. and 100% equity of Hunan Zhongnan Gold Smelting Co., Ltd. through the issuance of shares, with the purchase price not lower than the asset appraisal value filed with the Hunan Provincial State-owned Assets Supervision and Administration Commission. 2. The company is approved in principle to raise supporting funds of no more than RMB 1.05 billion through a non-public offering of shares.The Slovakian government has approved a plan to purchase four additional F-16 fighter jets at an estimated cost of €390 million.

LG Energy inks supply contracts with three Canadian mining companies

Skylar Williams

Sep 23, 2022 11:13

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LG Energy Solution has sourcing agreements for lithium and cobalt with three Canadian mining companies in order to extend its operations in North America.


The deals, according to the Tesla (NASDAQ:TSLA) supplier, are part of an effort to expand mid- to long-term supply contracts with North American mines and processors.


LG stated that Electra, Avalon, and Snowlake will supply 7,000 tonnes of cobalt sulfate over the course of three years beginning in 2023, 55,000 tonnes of lithium hydroxide over the course of five years beginning in 2025, and 200,000 tonnes over the course of ten years.