CNGR delivers first shipment of 4N electrolytic cobalt

On July 22, CNGR Advanced Material Co., Ltd. delivered the first shipment of electrolytic cobalt sheet with highest grade exceeding 99.99% (4N) from its Qinzhou production base.

The company's electrolytic cobalt project has a designed annual production capacity of 2,000 tonnes, and the actual capacity can be expanded by 50%. Up to 77% of cobalt raw material is sourced within the company, which effectively reduced the purchasing cost.