Brent crude down 3.0% intraday at $80.45/bbl.

Japan's 10-year government bond yield rose 5 bps to 2.625%.

At a June 16 results briefing, Zangge Mining said its Mami Cuo salt-lake project is expected to start production in Q3 2026 and enter a capacity-release phase. The company said it is pushing to advance the project and guided 2026 output of 20,000–25,000 tonnes. Mami Cuo’s salt-lake lithium carbonate resources are about 2.17 million tonnes and the project is planned for 100,000 tpa lithium carbonate capacity.