Home / Metal News / Minor Metals / Lygend to supply 2.2Mt Cobalt compounds to China Metal Recycling Corporation GEM
Lygend to supply 2.2Mt Cobalt compounds to China Metal Recycling Corporation GEM
Sep 4,2020 12:00CST
translation
The content below was translated by Tencent automatically for reference.

SMM9 March 4: recently, PT Halmahera Persada Lygend will supply 17.9 million tons of nickel compounds and up to 2.2Mt cobalt compounds to the Chinese metal recycling company GEM.

PT Halmahera Persada Lygend is a joint venture between Indonesian Halita Group (Harita Group) and Chinese mining company Ningbo Lygend. Lygend is currently building a factory on Obi Island in the archipelago.

The eight-year supply agreement, which will take effect no later than June 30, 2021, will take effect as soon as the Obi Island plant enters commercial operation. More financial details of the agreement were not disclosed.

Previously, GEM focused on recycling waste resources containing cobalt, nickel and tungsten and processing them into ultra-fine cobalt and nickel powders.

"Click to understand and sign up: 2020 China Automotive New Materials Application Summit Forum

Scan the QR code above to view the business cards of the participating companies and sign up online

Scan the code and apply to join the SMM Automotive Industry Exchange Group.

GEM
cobalt compound
Lygend

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Most Read
data analysis
data analysis
data analysis
data analysis
data analysis