Ganzhou Hanrui to build electrowinning nickel and cobalt project

Ganzhou Hanrui New Energy Technology Co., Ltd., a wholly-owned subsidiary of Hanrui Cobalt, plans to invest RMB350 million (USD48.99 million) to build a project with annual production capacity of 5,000t of electrowinning nickel and 5,000t of electrowinning cobalt in Ganzhou, Jiangxi, with a construction period of around 8 months.

The company said the project would further expand its cobalt and nickel production capacity and boost profitability and sustainability.