加拿大滑铁卢华人网
地产经纪
地产经纪 Lisa Chou
地产经纪 李德军Roy  Li
吴泽宇律师事务所
北美华人新生活
许鹏牙科诊所
万通电讯
地产经纪 Dennis Xu
第一阳光地产经纪公司
会计师 Tony Zhang
广告招租
广告招租
广告招租

滑铁卢华人网™

 找回密码
 注册
滑铁卢华人网™ 首页 News 查看内容

Chinese, Luxembourg firms sign cobalt production deal at BRI Forum

2023-10-23 07:26| 发布者: leedell| 查看: 101| 评论: 0|原作者: Mo Honge|来自: chinadaily.com.cn

摘要: An aerial view of Metalkol, ERG's flagship operation of cobalt and copper production facility in Africa. (Photo provided to chinadaily.com.cn)Eurasian Resources Group, a diversified natural resources ...

An aerial view of Metalkol, ERG's flagship operation of cobalt and copper production facility in Africa. (Photo provided to chinadaily.com.cn)

Eurasian Resources Group, a diversified natural resources group based in Luxembourg, signed an agreement with China's BGRIMM Technology Group, an institute in mineral and material industries worldwide, in relation to a cobalt beneficiation facility, which ERG is building in the Democratic Republic of the Congo, at the third Belt and Road Forum for International Cooperation in Beijing.

This production facility is planned to be commissioned by the end of 2024 and cobalt hydroxide should be provided from ERG's DRC-based Metalkol, one of the world's largest producers for the battery industry, and one of the largest suppliers of cobalt to China.

The agreement between the two was signed on October 17th.

"ERG has been attending the BRI Forum every year since its inception, because we know it is where some of the most important decisions for the global industry are made," said Benedikt Sobotka, CEO of ERG. "It is no different this time that ERG's agreement with BGRIMM to build a high-quality cobalt beneficiation facility is much needed for critical mineral mining and processing industry and for the green energy transition."

"It is very exciting to help increase the overall investment in cobalt beneficiation in the DRC. This will also lead to further improvement of infrastructure and bring many benefits for local communities in the country, which is a vital region for metals and mining and a key building block for the cobalt industry," added Sobotka.

China accounted for around two-thirds of global sales of full EVs last year, according to the China Association of Automobile Manufacturers. [Photo provided to chinadaily.com.cn]

ERG has further developed its portfolio of assets both in the DRC and globally to produce high quality materials for the li-ion battery sector.

At Metalkol, ERG's flagship operation, the group has expanded the production capacity ten-fold in the last four years. ERG is also developing its another key asset in the DRC, which has some of the world's largest known copper and cobalt resources.

In this vein, the cobalt beneficiation facility, which ERG is building up with its Chinese partner BGRIMM, provides important addition to its portfolio of assets producing key battery materials as it should deliver high purity cobalt hydroxide tailored for the battery market.

It will further strengthen its position as a strategic supplier of traceable materials for the electric vehicle industry.

China accounted for around two-thirds of global sales of full EVs last year. According to the China Association of Automobile Manufacturers, 26.86 million vehicles were sold in 2022, with 6.89 million units being EVs. Sales of EVs almost doubled, surging by 93.4 percent year over year, thanks to cheap electricity and favorable government policy in China.

最新评论

爱书书店
安妮理发
广告招租
广告招租
广告招租
广告招租
广告招租

广告合作(Contact Us)|关于我们|小黑屋|手机版|Archiver|滑铁卢华人网

GMT-4, 2024-10-31 18:58

Powered by Discuz! X3.4 Licensed

© 2001-2023 Discuz! Team.

返回顶部