Hanrui Cobalt responded to investor inquiries on an interactive platform, stating that its 20,000-tonne annual high-grade nickel matte project is progressing smoothly and is on track to commence production as scheduled. Since going public in 2017, the company has consistently pursued its strategic goals and seized strategic opportunities within the industry. The company is currently developing steadily, with production and sales volumes of its core products--cobalt and copper--continuing to expand. Meanwhile, its high-grade nickel matte project in Indonesia is also nearing production, which will further diversify the company's product portfolio and lay a solid foundation for its future high-quality development.
The company's primary products are copper- and cobalt-related products, with no tungsten-related offerings currently. To secure sufficient resources and ensure stable production operations, Hanrui Cobalt has consistently prioritized mine exploration and acquisition as a key strategic focus. To this end, the company has established a geological and mining investment team. Given that mine exploration and acquisition involve long cycles and high uncertainty, the company will continue to advance related efforts in the future.
Written by Cora Ji, jiruyan@mysteel.com
