Huayou Cobalt and Ronbay Technology sign strategic cooperation agreement on nickel and cobalt resources
2021-11-22 17:58:39 [Print]
Huayou Cobalt announced on November 19 that the company and Ronbay Technology signed a "strategic cooperation agreement", stipulating that the company and Ronbay Technology would establish a long-term close cooperation relationship in the upstream nickel and cobalt resource development, precursor technology development as well as precursor product supply and marketing
. From January 1, 2022 to December 31, 2025, Ronbay Technology's purchase of precursors from Huayou Cobalt will not be less than 180,000 tons . Under the condition that Huayou Cobalt provides Ronbay Technology with a competitive pricing method for metal raw materials and precursor treatment charges, both parties estimate that the precursor purchase volume will reach 415,000 tons.