GEM streamlines operations to focus on key metal resource recycling
2025-11-04 15:46:46 [Print]
Jiangxi Green Recycling Co., Ltd., a majority-owned subsidiary of GEM, has signed an agreement with Henan Recycling Technology Industry Group Co., Ltd. to transfer 100% of its stake in Jiangxi Green Recycling Materials Co., Ltd., a wholly-owned subsidiary engaged in electronic waste recycling and plastics regeneration. The equity transfer was valued at RMB280 million (USD39.29 million), with an additional debt transfer of RMB682 million (USD95.71 million). Upon completion of the transaction, GEM will no longer hold any equity in Green Recycling Materials and will focus on advancing its key metal resource recycling business.
As a global leader in critical metal resource recycling, GEM has achieved high-quality recycling of more than 20 key metals, including nickel, cobalt, lithium, tungsten, copper, manganese, gold, silver, platinum, germanium, gallium, and scandium. The company has established the world's largest industrial base for nickel, cobalt, and tungsten recycling.
As a global leader in critical metal resource recycling, GEM has achieved high-quality recycling of more than 20 key metals, including nickel, cobalt, lithium, tungsten, copper, manganese, gold, silver, platinum, germanium, gallium, and scandium. The company has established the world's largest industrial base for nickel, cobalt, and tungsten recycling.
Copper Cathode 99.99%min Delivered China
Unit:RMB/mt
China's copper rod producers' inventory to production ratio statistics by province by month
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