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Huayou Cobalt Industry: the Indonesian project is a key link in the layout of the company's nickel industry chain and is related to the production capacity of nickel sulfate.
Sep 21,2020 17:29CST
translation
Source:Flush Financial Research Center
[Huayou Cobalt Industry: the Indonesian project is a key link in the layout of the company's nickel industry chain, which is related to the production capacity of nickel sulfate] with the promotion of the high nickelization of power batteries, the proportion of nickel in batteries is gradually increasing. The company's wet smelting project with an annual output of 60,000 tons of crude nickel and cobalt hydroxide, and the planned annual production of 45000 tons of nickel metal high nickel matte related products are the main raw materials for further production of nickel sulfate. nickel sulfate can be used to produce ternary cathode material precursor products for lithium batteries.
The content below was translated by Tencent automatically for reference.

SMM: investors asked Huayou Cobalt, Hello Dong Mi, the company and the partner are investing in the construction of a laterite nickel ore hydrometallurgical project with an annual production capacity of 60, 000 tons (nickel metal) in Indonesia, and plans to invest in the construction of a high nickel matte project with an annual production capacity of 45000 tons of nickel metal. Can the nickel products produced by this project be used in nickel-lithium batteries?

The company replied that with the promotion of the high nickel content of the power battery, the proportion of nickel in the battery is gradually increasing. The company's wet smelting project with an annual output of 60,000 tons of crude nickel and cobalt hydroxide, and the planned annual production of 45000 tons of nickel metal high nickel matte related products are the main raw materials for further production of nickel sulfate. nickel sulfate can be used to produce ternary cathode material precursor products for lithium batteries. The related projects belong to the key link of the company's nickel industry chain layout, and the current nickel sulfate production capacity of the company is the upstream and downstream relationship of the industry chain, which is conducive to further improve and consolidate the integrated layout of the company's nickel industry chain. Thank you for your attention!

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