[hot stocks] the share price of Huayou Cobalt Co has risen fiercely and its performance has soared. The new project will be put into production in 2022.

Published: Nov 13, 2020 13:36
[changes in the stock market] Today, the share price of Huayou Cobalt rose fiercely. By the close of midday, Huayou Cobalt had risen by 10% by the daily limit.

SMM11 March 13: today, Huayou Cobalt shares rose aggressively, as of noon close, Huayou Cobalt rose by 10%.

Huayou Cobalt is the largest supplier of cobalt products in China, and the company is also one of the main suppliers of lithium ternary precursor products in China, with production and marketing scale and technical development capability in the forefront of the industry.

Recently, the 584 ship "Yuanjian" of Qingshan Industrial Morowali Industrial Park was loaded in Zhangjiagang, Jiangsu Province and left Hong Kong for Indonesia Park on November 6th. It is reported that the "Yuanjian" ship carries two high-pressure reactors, flash tanks, heat exchangers and other equipment, which are the core equipment of the wet project of Huayue Nickel-Cobalt (Indonesia) Co., Ltd., of which the single transport weight of the high-pressure reaction kettle is as high as more than 900 tons. Since the opening of the park, it is another milestone breakthrough in the delivery weight of single equipment after the ro-ro / ro-unloading transportation of 530-ton wharf portal crane.

Huayue Nickel and Cobalt (Indonesia) Wet process Project is the main battlefield of Huayou Cobalt's second venture, and it is the process of further upgrading the Wet process project from equipment to technology. At present, the project has entered the transportation phase of core equipment and is expected to be put into production in 2022.

Prior to this, Huayou Cobalt Industry released the third quarter report that in the first three quarters, the company achieved revenue of 14.839 billion yuan, an increase of 5.82% over the same period last year, and a net profit of 687 million yuan, an increase of 640.27% over the same period last year.

Guoxin Securities said that as the leader of the domestic cobalt industry, Guoxin Securities has completed the layout of the headquarters in Tongxiang, the resource guarantee in Africa, the manufacturing base in Quzhou, and the global space of the market. to create a new energy lithium electricity industry ecology from cobalt and nickel resources, smelting and processing, ternary precursors, lithium cathode materials to resource recycling. The company through endogenous extension to achieve capacity expansion, with the rebound of industry prices and sales, the company will usher in the situation of both volume and price.

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[hot stocks] the share price of Huayou Cobalt Co has risen fiercely and its performance has soared. The new project will be put into production in 2022. - Shanghai Metals Market (SMM)