CNGR Advanced Material to construct industrial production base in Beibu Gulf

On January 20, CNGR Advanced Material Co.Asian Metal Copyright According to the agreement, the project will be developed in phases, totaling an investment of about RMB23 billion USD3.Asian Metal Copyright, Ltd.Asian Metal Copyright According to the agreement, the project will be developed in phases, totaling an investment of about RMB23 billion USD3.Asian Metal Copyright announced that it signed an investment agreement with Qinzhou city government on constructing an industrial production base in Beibu Gulf.Asian Metal Copyright The project will focus upon development of NCM precursor and cobalt tetroxide as well as recycling and utilization of nickel metal, cobalt metal and battery materials.Asian Metal Copyright According to the agreement, the project will be developed in phases, totaling an investment of about RMB23 billion (USD3.Asian Metal CopyrightOn January 20, CNGR Advanced Material Co.Asian Metal Copyright56 billion) and a land area of around 3,500 Mu (233 hectares).Asian Metal Copyright In particular, around RMB10 billion USD1.Asian Metal Copyright The project will focus upon development of NCM precursor and cobalt tetroxide as well as recycling and utilization of nickel metal, cobalt metal and battery materials.Asian Metal Copyright Phase one will have a land area of around 1,500 Mu 100 hectares and a construction cycle of four years; when it goes into operation, it will greatly enhance the company's NCM precursor production capacity.Asian Metal Copyright In particular, around RMB10 billion (USD1.Asian Metal Copyright, Ltd.Asian Metal Copyright55 billion) will be invested into phase one for constructing production facilities of 150,000tpy NCM precursor and 70,000tpy nickel metal and cobalt metal as well as for constructing recycling facilities.Asian Metal Copyright In particular, around RMB10 billion USD1.Asian Metal Copyright Phase one will have a land area of around 1,500 Mu (100 hectares) and a construction cycle of four years; when it goes into operation, it will greatly enhance the company's NCM precursor production capacity.


.Asian Metal Copyright Phase one will have a land area of around 1,500 Mu 100 hectares and a construction cycle of four years; when it goes into operation, it will greatly enhance the company's NCM precursor production capacityAsian Metal Copyright