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gem co.,ltd. (002340.SZ): In the future, the company will mainly focus on the recycling of rare (lithium, cobalt, nickel), precious (gold, silver), rare earth, and rare scattered (gallium, germanium, indium) metals.
On November 14th,格林美 (002340.SZ) stated during a specific target survey on November 14, 2024, that the company is currently the world's largest nickel, cobalt, and tungsten recycling company, and will mainly focus on the recovery of rare (lithium, cobalt, nickel), precious (gold, silver), rare earth, and rare scattered (gallium, germanium, indium) metals in the future.
Gem co.,ltd. (002340.SZ): The second phase of the wet process smelting (1168m3 reactor) nickel resources in Indonesia's Qingmeibang (HPAL) production line has now reached production, with a capacity exceeding 0.025 million metric tons of nickel per year
On November 14, Glonhui reported that gem co.,ltd. (002340.SZ) stated during a specific object research on November 14, 2024, that the second phase wet process smelting (1168m3 reactor) (HPAL) production line of the company's Indonesian Qingmeibang nickel resources has now reached production, with a capacity exceeding 0.025 million metric tons of nickel per year (measured with low-grade nickel ore with a grade of 1.12% nickel). The total capacity has been expanded from the first phase's 0.04 million metric tons of nickel per year to 0.065 million metric tons of nickel per year, and is now in full production operation.
GEM, Vale to Construct $1.4 Billion Nickel Plant in Indonesia
Gem Co.,Ltd. (002340.SZ): Signed an investment agreement with Vale SA's Indonesian company to jointly build the HPAL plant for green nickel resources.
On November 10th, Gelonhui announced that on November 10, 2024, Gem Co., Ltd. (002340.SZ) and PT Vale Indonesia Tbk (referred to as 'PTVI' or 'vale sa Indonesia') jointly signed a project investment cooperation framework agreement in Indonesia under the witness of the Indonesian President The two parties will jointly build a nickel resource high-pressure acid leaching green smelting plant ('HPAL plant') and its supporting infrastructure in Central Sulawesi Province, Indonesia, with zero carbon, intelligent, and good ESG standards as the design concept, using ore from a mining area of PTVI in the future.
gem co.,ltd. (002340.SZ): The Indonesian annual production of 0.05 million tons of high-nickel power battery ternary precursor material project has now entered the feeding and debugging stage.
On November 8th, gem co.,ltd. (002340.SZ) stated on the investor interaction platform that the company's Indonesian project with an annual production capacity of 0.05 million tons of high-nickel power lithium battery ternary precursor materials was completed on schedule in October this year and has now entered the feeding and debugging stage.
Express News | Gem Co., Ltd.: The nickel resource project in Indonesia has expanded to 0.065 million metric tons of nickel per year and will be fully completed and put into operation within the year.
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