GEM (Jingmen) to invest in building battery grade high-purity nickel-cobalt salt crystal project
2021-06-30 11:07:08 [Print]
GEM announced that its wholly-owned subsidiary, GEM (Jingmen) High-Purity Chemical Material Co., Ltd., will invest RMB310 million (USD47.96 million) in building production lines for a 100,000tpy battery grade high-purity nickel-cobalt crystal project (including 33,000tpy battery grade high-purity nickel sulfate crystal, 33,000tpy battery grade high-purity cobalt sulfate crystal and 33,000tpy cobalt chloride crystal) and the supporting environmental engineering facilities. The project will have a building period of 9 months.
Nickel Sulfate Ni 22%min; Co 0.4%max Delivered China
Unit:RMB/mt
China nickel sulfate producers' inventory to production ratio statistics by province by month
Unit: %
