[Saudi Arabia expands its mineral exploration with 377 mining complexes] Saudi Arabia's mining industry is experiencing unprecedented growth as the government is boosting the sector by increasing investment and upgrading laws to attract more private companies. According to the latest government data, the number of mining complexes in the Kingdom rose to 377 by the end of 2022, with an estimated area of 44,365 square kilometers. Editor/Xing Wentao

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• 2026.08.10 10:00
• [Haichen Energy Storage Heze Base Promotes Mass Production]
• On August 7, 2026, the mass production promotion meeting of Haichen Energy Storage's world's first long-term energy storage integrated industrial park (Shandong Heze Base) was held in the Luxi New Area of Heze. After the base is fully operational, it will have an annual production capacity of 30GWh of long-term energy storage cells and 20GWh of energy storage systems. It is reported that the project plans to invest a total of 13 billion yuan and intends to build an intelligent manufacturing base for lithium iron phosphate energy storage batteries, an integrated production line for PACK and energy storage systems, a new material production base, and an upstream raw material production base. After being put into operation, it will form a dual closed loop of the energy industry chain for transmission and distribution, and the battery industry chain from materials to recycling.Editor/Gong Ziwei

• 2026.08.10 09:57
• [Longpan Technology and LGES reach a 45 billion yuan purchase and sales cooperation]
• On the evening of August 6, 2026, Longpan Technology announced the signing of a two-way purchase and sales framework agreement with LGES, with a cooperation period from 2026 to 2028. Both parties will mutually supply lithium iron phosphate cathode materials and supporting raw materials, and simultaneously carry out related services such as research and development, testing, etc. Among them, Longpan Technology has a three-year sales cap of 27 billion yuan, a procurement cap of 18 billion yuan, and a total two-way cooperation scale cap of 45 billion yuan.Editor/Gong Ziwei