A fire broke out on Nov. 1 at Fulin Jinggong’s under-construction 500,000 t/yr high-end lithium iron phosphate (LFP) production base for energy storage. The facility is a core project in the company’s energy-storage strategy. Open flames were extinguished after about 10 hours.

Euro-area governments must submit nominations for ECB president by Friday, Nov. 6, Eurogroup chair Kyriakos Pierrakakis has requested; euro-area finance ministers will meet on Nov. 9 to discuss candidates. Reported contenders include Pablo Hernández de Cos and Klaas Knot. Lagarde said she will leave on Feb. 7 next year, about nine months before her term ends, to regain freedom to speak publicly beyond monetary policy; she had previously signalled intent to participate in discussions around next year’s French presidential election in H2.

Yemen's Houthi militants said they attacked a military aircraft at Saudi Arabia's Jizan airport.