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Chart: Speculative Sentiment Index on Tuesday, May 26, 2026As of 8:30 AM Beijing time, spot platinum was down 0.27% and spot palladium was down 0.76%.On May 26, U.S. financial markets resumed trading after a holiday break, with U.S. Treasury yields falling across the board as investors became more optimistic about a possible U.S.-Iran deal. The yield on the two-year U.S. Treasury note fell 7 basis points to 4.05%, the ten-year yield fell 7 basis points to 4.49%, and the thirty-year yield fell 5 basis points to 5.02%. This followed President Trumps statement that negotiations with Iran on an interim agreement to extend the ceasefire and reopen the Strait of Hormuz were "progressing well." Abbas Keshwani, head of Asia macro strategy at RBC Capital Markets in Singapore, said, "Given the previous dashed hopes for a deal, the market will remain cautious. However, progress in negotiations could lead to further declines in energy prices and inflation expectations, thereby depressing yields."Canadian Prime Minister Mark Carney: We are negotiating a free trade agreement with India. This will bring significant changes to Canadian workers and businesses, opening up a huge new market.On May 26, Liu Xiaoming, Governor of Hainan Province, visited Hainan Data Industry Service Co., Ltd. on May 25 to investigate the construction of cross-border computing power facilities, inspect the online operation of the "Hainan Provincial Computing Power Monitoring and Dispatch Platform," and chair a research symposium. Liu Xiaoming pointed out that it is necessary to focus on green and low-carbon development, deepen the synergy between computing and electricity, promote direct green electricity supply, green electricity substitution, and energy-saving and carbon-reducing transformation, and solidify the energy security foundation for the high-quality development of the computing power industry with a stable, green, inexpensive, and reliable power supply, achieving a virtuous cycle of "strengthening computing with electricity and promoting electricity with computing."

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.