GEM Co. Leads Circular Economy Revolution: Largest Renewable Cobalt Base Powers Global Smart Devices & EVs

Published: Aug 8, 2024 23:04

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As a world leader in circular economy that "turns waste into resources and turns decay into magic," GEM Co., Ltd. has taken the lead in exploiting urban mines of cobalt resources and built the world's largest renewable cobalt base. Its annual recycled cobalt resources exceed 3.5 times the original cobalt mining output in China, effectively supporting China's strategic demand for cobalt resources. GEM cobalt metal sheets are globally renowned for their high quality and have been successfully registered as a delivery brand on the London Metal Exchange (LME), occupying more than 30% of the global market share and over 50% of the European market share. GEM cobalt-based battery "core" materials power more than 20% of smartphones and ternary battery-powered vehicles worldwide.

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