Beijing, Jun. 3 (Antaike)-On May 15, PT. QMB New Energy Materials Co., Ltd. (PT. QMB) officially launched its autoclave equipment. The project was kicked off on Jan. 11, 2019 and it is expected to be put into operation in Mar., 2022. The main products are MHP and the planned annual output of nickel will reach 50kt (kt in metal).

In Sept. of 2018, with total investment of $700mln, PT. QMB was jointly ventured by Jingmen GEM New Materials Co., Ltd., Xinzhan International Co., Ltd., Guangdong Brunp Recycling Technology Co., Ltd., IMIP and HANWA Co., Ltd. The designed capacity of the project contains 50ktpy of nickel (kt in metal), 4ktpy of cobalt (kt in metal), 50ktpy of MHP, 150ktpy of cell grade nickel sulphate crystal, 20ktpy of cell grade cobalt sulphate crystal and 30ktpy of cell grade manganese sulphate crystal. On Mar. 23, 2021, Jingmen GEM New Materials Co., Ltd. increased the direct and indirect stake of PT. QMB to 72% after signing the equity agreement, becoming the controlling shareholder of PT. QMB.

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