At its first extraordinary general meeting of 2026 held on June 23, Nanjing Hanrui Cobalt Co., Ltd. passed resolutions on issuing A-shares to specific investors with an overwhelming approval rate of 99.33%, while also greenlighting the project for producing 40,000 tonnes of electro-winning nickel and 40,000 tonnes (in nickel content) of battery-grade nickel sulfate, with total investment running into the billions of Yuan.
Written by Cora Ji, jiruyan@mysteel.com
