Some investors asked Huayou Cobalt, Hello, Secretary of the Board of Directors, the company and its partners are investing in a hydrometallurgical smelting project with an annual output of 60,000 tons (nickel metal) in Indonesia, and plans to invest in an annual output of 45,000. For the nickel matte project with high nickel metal content per ton, can the nickel products produced by this project be used in nickel-lithium batteries?
Huayou Cobalt said that with the advancement of high-nickel power batteries, the proportion of nickel in batteries has gradually increased. The company’s 60,000 tons of crude nickel and cobalt hydroxide wet smelting project under construction, and the planned investment in the 45,000 tons of nickel metal content high matte nickel project related products are the main raw materials for the further production of nickel sulfate, and nickel sulfate can be used for Production of precursor products for lithium battery ternary cathode materials. Related projects are a key part of the company's nickel industry chain layout, and the company’s current nickel sulfate production capacity is the upstream and downstream relationship of the industry chain, which is conducive to further improving and consolidating the company’s integrated layout of the nickel industry chain.
