SMM Visited Nanjing Hanrui Cobalt Co., Ltd., with Both Parties Engaging in In-Depth Discussions on Copper-Cobalt Production Operations and Future Industry Development

Published: Apr 29, 2026 09:10

On April 17, a delegation from SMM Information & Technology Co., Ltd. (SMM), including Ye Jianhua, Director and Supervisor of SMM's Industry Research Department, Feng Chundi, Expert of SMM's Industry Research Institute, and Wu Tao, SMM's Overseas Marketing Manager for Copper and Tin, visited Nanjing Hanrui Cobalt Co., Ltd. for an on-site survey and exchange. The management of Hanrui Cobalt extended a warm reception.

During the exchange, the relevant heads of Hanrui Cobalt provided a detailed introduction to the enterprise's development history and overall industrial layout. The two sides engaged in in-depth discussions on practical topics such as cobalt-copper deep processing production and operations, raw material supply assurance, industrial upgrading, competitive landscape in niche segments, and future market trends. They also exchanged experiences and ideas on industrial quality upgrading, industry risk management, and regular information sharing. The meeting was productive and smooth, further deepening mutual understanding and laying a solid foundation for subsequent industry collaboration and bilateral exchanges.

Introduction to Nanjing Hanrui Cobalt Co., Ltd.

Hanrui Cobalt was founded in 1997 and is headquartered in the Jiangning Development Zone, Nanjing. After nearly three decades of development, it has grown into a multinational group enterprise with 23 subsidiaries, with businesses covering cobalt-copper mine exploration and operation, ore mining, mineral processing, smelting, new energy, new materials, as well as the production and sales of copper-cobalt product series.

Group Members

Resources Segment

►Mikas Mining Co., Ltd.

In 2007, we established the earliest Mikas plant in the DRC. In 2008, the Phase I project of Mikas Mining, comprising cobalt concentrates and crude cobalt carbonate production lines, was completed and put into operation, making it the earliest Chinese-funded enterprise with SX-EW copper-cobalt smelting capabilities in the DRC.

►Hanrui Metal (Congo) Co., Ltd.

In 2018, Hanrui invested $229 million to establish Hanrui Metal (Congo) Co., Ltd. in Kolwezi, DRC, covering an area of 750,000 m², with an annual production capacity of 5,000 mt of cobalt hydroxide (in metal content), 50,000 mt of electrodeposition copper, 1,500 mt of refined cobalt, and 50,000 mt of sulphuric acid, ensuring a sufficient resource supply for Hanrui and laying a solid foundation for the company's sustained development.

►PT Hanrui Nickel Industry Indonesia

In 2023, Hanrui invested in establishing PT Hanrui Nickel Industry Indonesia on Sulawesi Island, Indonesia, and launched an oxygen-enriched continuous blowing high-grade nickel matte project. The project had a total investment of approximately $350 million, adopting advanced oxygen-enriched continuous side-blowing technology, with an annual production capacity of 20,000 mt of nickel in metal content. PT Hanrui Nickel Industry Indonesia achieved strategic integration between the industry and upstream resources, injecting stable support into the source of the industry chain for Hanrui's core business.

New Energy Segment

►Ganzhou Hanrui New Energy Technology Co., Ltd.

Ganzhou Hanrui was established in 2017, located in the Ganzhou High-tech Industrial Park, Jiangxi Province, with a total investment of 1.9 billion yuan, covering an area of 678 mu. Focusing on waste battery recycling and new energy materials as its core business, it has an annual production capacity of 5,000 mt of electrodeposition cobalt and 10,000 mt of refined nickel, achieving green, automated, and intelligent production. It represents an important part of Hanrui Group's layout for the development of the entire industry chain in new energy.

►Nanjing Hanrui New Materials Co., Ltd.

Hanrui New Materials Co., Ltd. has realized Hanrui's new energy industry layout with raw materials in Indonesia, precursors in Ganzhou, and materials in Nanjing. This complete new energy industry chain, following the reverse manufacturing complete industry chain of Ganzhou new energy, represents another forward manufacturing emerging new energy complete industry chain, which will comprehensively consolidate Hanrui's important position in the new energy sector.

Superhard Materials Segment

►Anhui Hanrui New Materials Co., Ltd.

Anhui Hanrui focuses on "superhard materials," with a fully automated production line for 5,000 mt of refined cobalt powder, leading globally in both capacity and automation level, with cobalt powder exports leading nationwide. Its sales network has covered 31 countries and regions worldwide, with sales branches established in multiple countries including South Korea, Japan, Germany, Switzerland, Israel, India, and the US.

Financial Investment Segment

Industry Vision

Ø Comprehensively expanding the NEV industry chain: with upstream lithium, copper, cobalt, and nickel resources as the core, expanding downstream into superhard materials, and building a complete industry chain.

Ø In the cobalt sub-sector, already possessing two world-leading bases.

Ø In the future, each segment will form an industrial group, interdependent yet developing independently.

Ø Integrating cost, technology, and market advantages across the industry chain, in parallel with financial advantages, controlling resources upstream and expanding markets downstream, achieving comprehensive development.

Committed to pursuing sustainable development, fully building four major segments of ore resources, superhard materials, new energy materials, and financial investment, achieving four-wheel drive with superior core competitiveness and development advantages.


Scheduled to be held on September 15-16, 2026 in Lusaka, Zambia. Welcome to participate~

Conference Contact:

Wu Tao: 18270916376

jennywu@smm.cn

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.

Images in this article contain AI-translated captions for reference only.

For any inquiries or for 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
South32 Gets Final Approval for Sierra Gorda Copper Mine Expansion Project
1 hour ago
South32 Gets Final Approval for Sierra Gorda Copper Mine Expansion Project
Read More
South32 Gets Final Approval for Sierra Gorda Copper Mine Expansion Project
South32 Gets Final Approval for Sierra Gorda Copper Mine Expansion Project
Diversified mining company South32 announced that the fourth grinding line project at the Sierra Gorda open-pit copper mine has received final investment approval following completion of a feasibility study. The study confirmed that this brownfield plant expansion project is expected to deliver attractive returns. By installing a fourth grinding line, expanding crushing and flotation capacity and associated process infrastructure, the project is expected to increase Sierra Gorda mine’s annual processing capacity from 48 million mt to 60 million mt. Sierra Gorda is a large-scale conventional open-pit copper mine located in the Antofagasta region of northern Chile. South32 holds a 45% stake in the mine, with KGHM holding the remaining 55%. The project is expected to achieve first production in FY2030 and reach full capacity in FY2031.
1 hour ago
Eurozone Inflation Slows to 2.8% in June, Below Expectations, Easing ECB Tightening Bets
1 hour ago
Eurozone Inflation Slows to 2.8% in June, Below Expectations, Easing ECB Tightening Bets
Read More
Eurozone Inflation Slows to 2.8% in June, Below Expectations, Easing ECB Tightening Bets
Eurozone Inflation Slows to 2.8% in June, Below Expectations, Easing ECB Tightening Bets
On July 1, preliminary data released by Eurostat showed that the eurozone’s June CPI rose 2.8% YoY, below market expectations of 3.0% and notably pulling back from May’s 3.2%. Core inflation, which excludes food and energy, edged down to 2.4% from the previous 2.6%, also falling below the market forecast of 2.5%. Following these figures, money markets swiftly adjusted downward their bets on additional tightening by the European Central Bank for the rest of the year.
1 hour ago
US Private Payroll Growth Slows in June, Adding 98,000 Jobs
1 hour ago
US Private Payroll Growth Slows in June, Adding 98,000 Jobs
Read More
US Private Payroll Growth Slows in June, Adding 98,000 Jobs
US Private Payroll Growth Slows in June, Adding 98,000 Jobs
US private-sector employment growth slowed in June but increased for the 12th straight month, signalling that the labour market cooling has not yet turned into a sharp slowdown.Data from ADP Research on Wednesday showed that US private payrolls rose by 98,000 in June, missing economists' expectations for a 119,000 increase, while the prior month’s gain was 122,000. Although the increase fell short of expectations, the data still support the assessment that the labour market is stabilizing this year.
1 hour ago