Jan 22, 2021 08:12 PM (GMT+8) · EqualOcean
Hanrui cobalt industry announced that the company expects to achieve net profit attributable to shareholders of listed companies of 320-410 million yuan in 2020, with a year-on-year growth of 2207.85% - 2856.94%. The continuous popularity of new energy vehicles has driven up the price of cobalt. At the same time, the company's 3000 tons of cobalt powder raised investment project has also reduced the production cost, thus promoting the increase of gross profit of cobalt products. The company's 20000 t / a electrolytic copper raised investment project was officially put into operation this year. At the same time, the production capacity of Congo Maite electrolytic copper production line was expanded, which promoted the substantial growth of the company's electrolytic copper sales in 2020.

This text is a result of machine translation.