CNGR Advanced Material Co., Ltd. announced that it has strategically secured key mineral resources worldwide through targeted investments. In nickel, the company continues to develop projects centered on high-grade lateritic nickel ore in Indonesia.
Regarding lithium resources, CNGR has entered Argentina's salt lake lithium sector, with estimated controlled resources exceeding 10 million metric tonnes of lithium carbonate equivalent (LCE). The company also holds nearly 100 million metric tonnes of phosphate ore resources. Notably, CNGR's nickel smelting capacity in Indonesia now stands at nearly 200,000 metric tonnes per year.
Written by Cora Ji, jiruyan@mysteel.com
