Chen Xuehua, chairman of Huayou Cobalt Industry, went to Indonesia to inspect and guide the nickel smelting project.

Published: Dec 27, 2021 11:02
[Chen Xuehua, chairman of Huayou Cobalt Group, went to Indonesia for inspection and guidance of nickel smelting projects] from December 13 to 17, Chen Xuehua, chairman of Huayou Cobalt Group, went to Indonesia's IMIP Park (Morovali Industrial Park) and IWIP Park (Weidabe Industrial Park) to inspect and guide the Indonesian project. On the 16th and 17th, he held an on-site work discussion in the park to listen to the construction, production and operation of the Indonesian project.

From December 13 to 17, Chen Xuehua, chairman of Huayou Cobalt Group, went to Indonesia's IMIP Park (Morovali Industrial Park) and IWIP Park (Weidabe Industrial Park) to inspect and guide the Indonesian project, and held an on-site working discussion in the park on the 16th and 17th to listen to the construction and production and operation of the Indonesian project. Group Senior Vice President and Vice Chairman Fang Qixue, Group Vice President Gao Baojun, project leaders and key cadres attended the meeting.

At the on-site working meeting, Dong Chen highly affirmed the achievements of various projects in Indonesia and paid high tribute to all overseas Huayou employees for their hard work and hard work. Chen Dong said that since Huayou entered Indonesia's investment and construction in 2018, under the complex background of foreign countries and epidemic outbreaks, and under the situation of arduous tasks and tight time, everyone has made concerted efforts to face up to difficulties and overcome difficulties. Achieved the set task goal. We have done a number of projects that make the world like, move the relevant parties, and make Chinese friends proud, win the respect of our partners, write a magnificent construction chapter in Belt and Road Initiative, and establish the brand image of Huayou in Indonesia.

"under the background of the greatest change in the world in a century and a great change in the mode of travel in the energy structure, it can be said that Huayou has huge room for development and fierce industrial competition." Chen Dong made a deep analysis of the industrial environment. "only when the vicissitudes of the sea flow across the sea can we show the character of a hero." Chen Dong said that during the period of historical opportunity for the vigorous development of the new energy lithium power industry, taking part in the construction of a nickel smelting project on an unprecedented scale has the opportunity to leave a strong color in the history of industrial development and the national materials industry, which is the greatest honor for all industrial builders and the supreme glory of Huayou.

"time waits for no man, and space waits for no man." Chen Dong put forward requirements for the next stage of work. In the era of fast fish eating slow fish, fast is a kind of ability, which requires all Chinese friends to devote themselves to practice. in this regard, we have made achievements and set an example. However, in the current increasingly fierce competition for lithium materials in the industrial environment, time competition and efficiency competition is the key. We should work together, continue to be "fast", "quasi" and "stable", and promote project construction with high quality. The core advantage of Huayou is that we have a batch of Huayou team of "continuous self-improvement and the pursuit of excellence". The domestic functions should further enhance the guarantee ability, and the project team should further enhance the professional ability, so as to form a strong joint force. with the sense of mission, crisis and urgency of "there is no one waiting for me", show the spirit of Huayou and show the enterprising elegant demeanor of Huayou.

When deploying the task for 2022, Chen Dong pointed out that the group will further deepen the strategic positioning of Indonesia's "secondary entrepreneurship" development highlands and main positions, gather superior forces, integrate factor resources, and promote project construction with high quality. at the same time, we should attach great importance to team building, basic management and quality management, and adhere to and deepen the important role of the "three unity" principle in promoting project construction, production and operation. Chen Dong called on all Chinese friends to clarify their thinking, allocate sufficient resources, gather strength, and overcome all difficulties under the general requirement of "completing the task in ten years and accomplishing it in five years." courageously realize the glory and dream of Chinese friends.

During the inspection, Chen Dong inspected the construction sites of Huayue, Huake, and Huafei projects respectively, accompanied by Fang Qixue, senior vice president and vice chairman of the group, and Gao Baojun, vice president of the group.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
Feb 7, 2026 16:41
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
Read More
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
[SMM Nickel Flash] Based on nickel ore prices from 25 days ago, smelter profits for high-grade NPI remained high this week. However, from the current raw material side, ore prices from both the Philippines and Indonesia increased, while auxiliary material prices saw a slight pullback, leading to an increase in the cash cost of producing high-grade NPI from spot ore. At the same time, high-grade NPI prices experienced some pullback, making it difficult for smelter profits to see sustained improvement.
Feb 7, 2026 16:41
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
Feb 7, 2026 16:40
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
Read More
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
[SMM Nickel Flash] This week, due to a sharp decline in futures triggering arbitrage selling, high-grade NPI prices fell significantly. However, after the selling activity subsided, upstream quotations and the market center gradually returned to normal levels, supported by cost factors. Looking ahead, as the Chinese New Year holiday approaches, market activity is expected to remain subdued, and high-grade NPI prices are projected to hover at highs with limited fluctuations.
Feb 7, 2026 16:40
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
Feb 7, 2026 16:39
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
Read More
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
[SMM Nickel Flash] The SMM average price of 10-12% high-grade NPI fell 17.2 yuan/mtu WoW to 1,035.8 yuan/mtu (ex-factory, tax included), while the Indonesia NPI FOB index average price dropped 2.06 $/mtu WoW to 131.2 $/mtu. At the beginning of the week, futures hit limit-down, and nickel prices fell sharply WoW, driving the emergence of arbitrage supplies sold at low prices, leading to a significant decline in high-grade NPI prices.
Feb 7, 2026 16:39