Following the progress in Russia-Ukraine peace talks, the gold price fell more than 1% the next day, hitting its lowest in a month, and palladium prices briefly tumbled by nearly 9%.
"We have seen metal prices going into free fall when the Russia-Ukraine situation is likely to see a major detente, which spurred people's risk preference and optimism that the war could end at a time," said OANDA senior market analyst.
A Russian deputy defense minister says Moscow has decided to sharply curtail its military activities around Kyiv and Chernikov in Ukraine, following talks between Russian and Ukrainian representatives in Istanbul.
Where the prices of metals, natural gas, and commodities like the silicon carbide powder will go in the future, is still very uncertain.
What is Silicon Carbide SiC?
Silicon carbide (SiC) is a hard compound containing silicon and carbon. A semiconductor, it is found in nature in the form of the extremely rare mineral moxanite.
It has been mass-produced in powder and crystal form since 1893 for use as an abrasive. Silicon carbide particles can be sintered together to form very hard ceramics that are widely used in applications requiring high durability, such as ceramic plates in car brakes, car clutches, and bulletproof vests. Large silicon carbide single crystals can be grown by the Lely method, and they can be cut into gemstones called synthetic mossanes.
What can Silicon Carbide Devices Bring to New Energy Vehicles?
Silicon carbide power devices have been used in critical power systems inside electric vehicles, including traction inverters, on-board chargers (OBC), and DC-DC converters. Key advantages over traditional silicon devices include higher voltage and higher frequency features, resulting in higher system efficiency, faster switching, lower losses, and better thermal management. Compared with silicon-based devices, silicon carbide devices have the following advantages:
The use of silicon carbide devices can make the driving motor bear more input power at low speed, and because of its high thermal performance, not afraid of the thermal effect and power loss caused by excessive current. When the vehicle starts, the driving motor can output more torque and obtain stronger acceleration ability.
SiC devices can reduce the loss through two dimensions of conduction/switching, so as to achieve the purpose of increasing the range of electric vehicles. The results show that the turn-off loss of sic-MOS is about 20% of that of Si-IGBT at 25°C junction temperature. At 175°C junction temperature, the turn-off loss of sic-MOS is only 10% of that of SI-IGBT. In general, the use of SiC devices in new energy vehicles can increase the driving range by 5-10%, and the average driving range is more than 600 kilometers.
High rated voltage
Silicon carbide MOSFET has a higher voltage rating, making the technology suitable for EV applications and EV quick charging infrastructure. More importantly, the SiC can be replaced directly without major changes, enabling rapid development while keeping the BOM low.
To achieve lightweight thanks to the superior performance of SiC, SiC devices can achieve the effect of reducing the volume in the following aspects:
1, the package size is smaller, and the average weight is reduced by 150 to 200 kg;
2, reduce the use of filters and passive devices such as transformers, capacitors, inductors, etc.;
3, reduce the radiator volume.
At present, the price of SiC devices is 4-6 times that of silicon based devices, but the use of SiC devices to achieve a substantial reduction in battery cost and the improvement of the range, reducing the overall cost of the vehicle.
Silicon Carbide Price
The price is influenced by many factors including the supply and demand in the market, industry trends, economic activity, market sentiment, and unexpected events.
If you are looking for the latest SiC price, you can send us your inquiry for a quote. ([email protected])
Silicon Carbide Supplier
Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted global chemical material supplier & manufacturer with over 12-year-experience in providing super high-quality chemicals and nanomaterials including silicon powder, nitride powder, graphite powder, zinc sulfide, calcium nitride, 3D printing powder, etc.
If you are looking for high-quality SiC, please feel free to contact us and send an inquiry. ([email protected])
Southern Copper Corp (SCCO.N) recently said its Peruvian mine remained closed after a six-week standoff with protesters and blamed the Peruvian government for failing to intervene in the safety of its 1,300 workers and their families.
The company said in a statement that a recent agreement to end protests at the Cuajone mine required the company to withdraw complaints against protest leaders because railways transporting minerals and supplies remained blocked. Production has been suspended since the end of February.
Peru's Energy Ministry said in a separate statement that it had also reached an agreement with Southern Copper to start talks to find common ground with local communities.
"If we shut down for a year, the government will stop receiving more than 3.1 billion soles ($830 million) in taxes and royalties, and 8,000 direct and indirect jobs will be lost. This is what we want to avoid, "Southern Copper added in the statement.
Peru has faced a wave of protests from indigenous communities, who accuse mining companies of not providing enough jobs and funding to poor local residents.
Central bank officials said last week that protests against copper mines such as MMG's Las Bambas and Southern Copper's Cuajone were dragging down the economy.
Peru is the world's second-largest copper producer and mining is an important source of tax revenue for the country. It is estimated that the supply and prices of the silicon carbide powder will be influenced by that.
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