GLE Boasts Mature Nickel Sulfate Production Capacity, Plans Integrated Lithium Battery Material Production for European and American Markets

Publicado: Nov 15, 2024 13:42
[GLE: Boasts Mature Nickel Sulfate Production Capacity and Will Advance Integrated Production of Lithium Battery Materials in the Future] GLE recently stated on an investor interaction platform that the company possesses mature and comprehensive nickel sulfate production capacity totaling 75,000 metric tons per annum (MTA) domestically. Additionally, the company is establishing a 25,000 MTA nickel sulfate production capacity in Indonesia to support 50,000 tons of ternary precursors, which is expected to be completed within the year. By then, the company's total nickel sulfate production capacity will reach 100,000 MTA. Looking ahead, GLE will leverage its Indonesian production base to advance the integrated production of lithium battery materials, targeting the European and American markets. In Indonesia, the company aims to establish a world-class full industrial chain for nickel resources and new energy materials, from low-grade laterite nickel ore to battery raw materials and battery materials, effectively addressing the FEOC details under the IRA Act, breaking through the IRA Act blockade, and building the company's competitiveness in emerging overseas new energy markets.

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