en.Wedoany.com Reported - Hanrui Cobalt Co., Ltd. announced plans to invest in the construction of a plant in Ganzhou City, Jiangxi Province, through its subsidiary Ganzhou Hanrui New Energy Technology Co., Ltd. The plant will achieve an annual production capacity of 40,000 tons of electrolytic nickel and 40,000 tons of battery-grade nickel sulfate.

The total investment for the project is 2,002,527,800 yuan, funded by the company's own capital or raised funds. After the completion and operation of the company's nickel smelter in Indonesia, part of the raw materials required for this project will be directly supplied by the Indonesian base, thereby forming a green supply chain from resources to materials.

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