CNGR Advanced Material Co., Ltd. recently stated on an interactive platform that, driven by its industrial integration strategy, the company has made strategic global investments in upstream nickel, phosphorus, and lithium resources. Through investments, equity participation, long-term agreements, and offtake arrangements, CNGR has secured supplies of 600 million wet metric tons of nickel ore resources. Currently, the nickel mining project companies in which CNGR holds equity stakes are gradually obtaining RKAB quota allocations.
Written by Cora Ji, jiruyan@mysteel.com
