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GEM Co., Ltd.'s (SZSE:002340) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
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.
Express News | Gem: Company's Capital Expenditure for the Plant, With a 66,000-Metric Ton Annual Capacity, Will Not Exceed $1.42 Bln
Express News | Gem : To Jointly Build Green Smelting Plant for Nickel Resources With PT Vale Indonesia Tbk in Central Sulawesi, 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, gem co.,ltd. (002340.SZ) announced that on November 10, 2024, the company signed a project investment cooperation framework agreement with PT Vale Indonesia Tbk (referred to as "PTVI" or "vale sa Indonesia") under the witness of the President of Indonesia. Both parties will jointly build a nickel resource high-pressure acid leaching green smelter (referred to as "HPAL plant") and its supporting infrastructure in Central Sulawesi Province, Indonesia, with zero carbon, intelligent, and good esg standards as the design concept, from a mining area of PTVI in the future.
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