[Lithium Battery: Hanrui Cobalt Plans To Invest In Production Lines For 40,000 Tons Of Battery-Grade Nickel Sulfate]

Published: Jun 8, 2026 13:47

Save

On June 6, Hanrui Cobalt disclosed that it plans to invest in the construction of the "Annual 40,000-Ton Electrolytic Nickel and 40,000-Ton Battery-Grade Nickel Sulfate Project" in Ganzhou City, Jiangxi Province, through its wholly-owned subsidiary, Ganzhou Hanrui New Energy Technology Co., Ltd. The total investment for the project is 2,002.5278 million yuan, and the project funds will come from the company's own funds or self-raised funds. With the completion and operation of the company's nickel resource smelting base in Indonesia, raw materials for this investment project will in the future be partially supplied directly from the Indonesian base, achieving an ecological闭环 in the nickel industry chain from resources to materials.

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 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

1 hour ago

[SMM Nickel Flash News] APNI Proposes 30 Mt Buffer as Indonesia’s Nickel Ore Demand Outpaces RKAB

The Indonesian Nickel Miners Association (APNI) has recommended setting the 2026 nickel ore RKAB at 270 million wmt plus a 30 million wmt strategic buffer, implying a potential total of 300 million wmt. The proposal aims to address rising raw-material requirements from Indonesia’s expanding smelting capacity. At full capacity, approximately 80 smelters would require an estimated 315 million wmt of nickel ore annually, highlighting a potential supply gap under the current quota. APNI also projects 15–25 million wmt of Philippine nickel ore imports in 2026, up around 67% YoY, to supplement domestic supply.

1 hour ago

19 hours ago

Data: SHFE, DCE market movement (Aug 13)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 13 Aug , 2026

19 hours ago

22 hours ago

Indonesian MHP Nickel and Cobalt FOB Prices Decline, High-Grade Nickel Matte Down $36/mt Ni

According to SMM data, on August 13, the FOB price of nickel in Indonesian MHP fell $35/mt Ni from the previous day, and the FOB price of cobalt in Indonesian MHP fell $1,436/mt Co. The FOB price of Indonesian high-grade nickel matte fell $36/mt Ni.

22 hours ago