Expanding production of Ternary precursor of Lithium Battery to promote continuous upstream of Nickel Sulfate

Since the beginning of this week, Jinchuan, Jilin Nickel and other enterprises have raised the ex-factory price of nickel sulfate for the second time, reaching 37500 yuan / ton, a new high in nearly 5 months. The research institute said that although imported nickel wet smelting intermediates used for the production of nickel sulfate are arriving in Hong Kong one after another, downstream ternary precursor manufacturers are in the process of expanding production, leaving nickel sulfate in a state of structural shortage. It is expected that the next wave of centralized mining and sales will push up the price of nickel sulfate.

According to the theme database of the Financial Associated Press, among the relevant listed companies:

China MCC Baxin Ruimu laterite nickel-cobalt mine project has proven controllable nickel reserves of more than 1 million tons. Zhongwei shares are the leader of the pre-ternary body, which is determined to increase and expand the distribution of upstream resources.