China Huayou Cobalt said the 60,000-ton high-ice nickel agreement signed with Tsingshan Industrial has begun to be delivered

Huayou Cobalt, a leader in China's cobalt industry, responded on Thursday at investor interaction that the high-ice nickel supply agreement signed with Tsingshan Industrial has now begun to be delivered and implemented; Tsingshan will provide Huayou Cobalt with 60,000 tons of high-ice nickel.

In response to here, it was said that the construction of the Huake Nickel Industry Fire Method High Ice Nickel Project was steadily advancing as planned.

In March last year, Qingshan Industrial signed a high-ice nickel supply agreement with Huayou Cobalt and Zhongwei Shares. The three parties jointly agreed that Qingshan Industry will supply 60,000 tons of high-ice nickel to Huayou Cobalt and 40,000 tons of high-ice nickel to Zhongwei within one year starting in October 2021.

Qingshan Industry mainly produces stainless steel series products, while producing raw materials, intermediates and new energy batteries in the field of new energy, which are used in energy storage systems and electric vehicles. The company's first high-ice nickel production line in Indonesia was officially put into operation in December last year