South Korea's Samsung SDI will invest 16 trillion won in R&D for next-generation batteries.

IAEA Director General Grossi said on the 3rd in an interview with Russia Today that IAEA inspectors have not been permitted to enter Iranian nuclear facilities and that Iran’s enriched uranium remains at its sites. The IAEA has requested to resume on‑site verification but has not received Iranian permission; Grossi said the agency’s “overall impression” is that existing nuclear material remains in those facilities and that the IAEA has identified their locations and inventories. Satellite imagery and other remote monitoring show severe damage to some facilities and disruption of access roads.

Copper and other industrial metals rose on Friday as a softer dollar and lower market odds of Fed rate hikes pushed prices toward ending a two‑week decline. Softer US jobs data trimmed rate‑hike bets and eased some downside pressure on industrial demand. The dollar index fell for a second day, making metals cheaper in other currencies. Industrial metals had been pressured in recent weeks after US policymakers signalled greater willingness to tighten policy. Futures analysts said: "Oil's decline and weak US employment data have weakened the dollar, which is positive for copper, but persistent weakness in traditional industries will cap any rally."