[Sino-French companies plan joint venture to build a new battery factory]On May 12, 2023, French President Emmanuel Macron stated that China Xiamen Xiamen Tungsten New Energy Materials Co., Ltd. plans to establish a battery field laboratory with the French company Orano in Dunkirk, a port city in northern France. Joint venture with an expected investment of 1.5 billion euros and the creation of 1,700 jobs. Macron pointed out that Xiamen Tungsten New Energy's joint venture with Orano is complementary to ProLogium's factory because it will be upstream in the production of batteries for electric vehicles. Edit/Ma Xue
The National Development and Reform Commission and the National Energy Administration recently issued the 15th Five Year Plan for the development of oil and gas, which clearly outlines the relevant arrangements for Xinjiang in multiple places. The plan includes the Tarim, Junggar, and Qaidam basins as national level oil and gas strategic support bases, promoting the construction of the Hami coal to oil and gas base in Zhundong, and initiating the construction of export channels such as the West East Gas Pipeline Fourth and Fifth Lines. With the implementation of the plan, the positioning of Xinjiang's national energy and resource strategic guarantee base will be further consolidated, and the role of the national energy ballast stone will continue to strengthen, providing core support for ensuring national energy security. Editor/Cheng Liting
On August 18, 2026, Qinghai Xinding Copper Source New Materials' annual production of 220000 tons of low oxygen copper rod continuous casting and rolling production line project officially started construction in Ganhe Industrial Park, Xining National Economic and Technological Development Zone. As a key achievement of chain investment promotion in the park, the project has a total investment of 300 million yuan and adopts advanced domestic continuous casting and rolling equipment. After completion, it can form an annual production capacity of 220000 tons of high-end low oxygen copper rods. Editor/Cheng Liting