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Industry

Surging copper and aluminium demand puts recycling market in spotlight as AI data centres expand

A rush to build AI data centres is boosting demand for raw materials such as copper and aluminium, putting the recycling industry in focus as an investment target. A circular-economy model is gaining traction by reusing high-value components such as servers and semiconductors to stabilise supply chains and cut costs. Closed Loop Capital Management CEO Tazia Smith called the shift structural. The IEA warned copper shortages could reach about 25 percent by 2035.

Industry

Korean battery makers counterattack in ESS to sweep high-value North American market

South Korea’s three major battery makers are expanding in energy storage systems (ESS) as Chinese companies increase their share of the global EV battery market. The firms are securing multi-year contracts in North America, focusing on data centre demand, high-output products and full-system deliveries. U.S. rules restricting supply chains supported by certain foreign entities are also helping. Companies are widening chemistry options and increasing output, while brokerages see profitability improving as shipments rise and costs stabilise.

Mobility

Trek to be first to use Bosch\'s new e-bike motor in North America

Germany\'s Bosch has unveiled a next-generation electric bicycle motor that boosts output while reducing weight and size. The updated Active Line Plus motor offers up to 600 watts of power and 60 newton metres of torque, with pedal assistance up to 340 percent. In the United States it will be used on Class 1 e-bikes with assistance up to 20 mph. Trek will be the first brand in North America to adopt it on the Marlin+ e-mountain bike.