Subsidiary of Hanrui Cobalt to invest cobalt new material and NCM precursor project
2018-04-03 17:29:40 [Print]
Hanrui Cobalt announced its wholly-owned subsidiary Ganzhou Hanrui New Energy Tech Co., Ltd. intended to build a project of cobalt new material of 10,000t/a and NCM precursor of 26,000t/a. With a total investment of RMB1,909,860,000, the project is subdivided into two phases: cobalt series products smelting lines will be built in phase I; relying on products of cobalt sulfate, nickel sulfate, and manganese sulfate, NCM precursor line will be constructed in phase II. The project will have a capacity of 10,000t/a for cobalt new material and 26,000t/a for NCM precursor after the construction.
Cobalt Powder 99.5%min Delivered China
Unit:RMB/kg
China battery grade cobalt sulfate producers' sales to production ratio statistics by province by month
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