Tengyuan Cobalt Invests in Major Capacity Expansion Project in Jiangxi, Targeting Annual Output of 30,000 Tons of Nickel and 3,000 Tons of Cobalt

Published: Sep 6, 2024 16:52

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Recently, Tengyuan Cobalt announced to the public that it would invest in the construction of a major capacity expansion project in the Chemical Industry Centralized Area of the Rare Gold New Material Industrial Park in Ganxian District, Ganzhou City, Jiangxi Province. The project aims to produce 30,000 tons of electrolytic nickel and 3,000 tons of electrolytic cobalt annually, with a total investment of up to 510.8 million yuan. It is expected that the construction period will be 18 months, and the project is scheduled to be fully completed and put into production in December, 2025.

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