ROMANIAN DEFENCE MINISTRY said explosive ordnance disposal teams found and safely detonated drone debris in Tulcea county near the Ukrainian border. Preliminary investigation indicates the fragments are from weapons Russia used in its April attack on Ukraine.

U.S. equities closed higher on Monday, June 29: Dow Jones Industrial Average +305.97 pts (+0.59%) to 52,182.08; S&P 500 +86.34 pts (+1.17%) to 7,440.36; Nasdaq Composite +522.53 pts (+2.07%) to 25,820.14.

At its 2026 second extraordinary shareholders’ meeting, Ganfeng Lithium said recent lithium carbonate price swings reflect market noise rather than a change in fundamentals — lithium-salt supply and demand remain in a tight balance. June’s price drop was driven by seasonal spot weakness, amplified concerns over hidden inventories and continued weakness in futures. The company said the short-term dip should support downstream restocking ahead of the peak season. Looking to H2 and next year, supply-side risk is elevated: two–three years of depressed prices curtailed large-scale capex, and near-term new output largely comes from earlier projects, keeping expansion measured. Demand remains cautiously optimistic: storage and EV segments, supported by geopolitics and high energy prices that raise the priority of energy independence and security, should provide medium- to long-term support for lithium demand.