LSE:AMG 30 January 2026

Lithium price drops 4.5% in China as January rally cools; miners slide premarket

China’s battery-grade lithium carbonate fell 4.46% to 160,500 yuan a tonne on Friday, reversing some earlier gains. U.S.-listed lithium miners Albemarle, SQM, and Lithium Americas dropped in premarket trading. Guangzhou lithium futures slipped to about 148,200 yuan a tonne. The London Metal Exchange reported lithium hydroxide at $19,900 a tonne, down 1%.

30 January 2026

China Economy·LSE:AMG·Mining Industry·NYSE:ALB·NYSE:LAC·NYSE:SQM·Stock Market

Xanadu Quantum Technologies to List on Nasdaq and TSX After Shareholder Approval
March 20, 2026, 12:11 AM EDT. Xanadu Quantum Technologies is set to become the first publicly listed photonic quantum technology company. Following shareholder approval of the merger with Crane Harbor Acquisition Corp. (Nasdaq: CHAC), the new entity, Xanadu Quantum Technologies Limited, will begin trading on Nasdaq and the Toronto Stock Exchange under ticker "XNDU" on March 27, 2026. The merger will provide approximately $302 million in gross proceeds to support Xanadu's development of light-based quantum computing technology, which operates at room temperature and avoids costly cooling systems. This capital complements a potential CAD 390 million investment from Canadian and Ontario governments, backing the company's efforts to scale its hardware, software, and cloud-based quantum platforms.