Nickel Resource Shortage Grimm Mei To Establish A Multi-channel Nickel Resource Supply Guarantee System

Green supply to ensure the release of nickel resource strategy that the announcement, said the green is the world's leading new energy automotive power high nickel batteries ternary precursor products core suppliers, the company set up a multi-channel nickel resource supply security system, to safeguard the company nickel resources strategic supply and in 2022 the company precursor order for nickel resources need to:

First, based on circular economy, the company obtains nickel resources through recycling, and establishes directional recycling cooperation relationship of nickel resources with Yiwei Lithium Energy Co., LTD., Funeng Technology Co., LTD., to guarantee the strategic supply of nickel raw materials; In 2022, the company plans to recover more than 20,000 tons of nickel, becoming the main supply to meet the needs of nickel resources in 2022.

Second, with Trafigura PTE.LTD. (hereinafter referred to as "Trafigura"), Metal Corp TradingAG (hereinafter referred to as "first quantum"), yongqing group co., LTD. (hereinafter referred to as "yongqing"), MINGDAHOLDINGPTE. LTD. (hereinafter referred to as "MINGDA"), Shanghai Ranyulian Trading Co., LTD. (hereinafter referred to as "Ranyulian") and other nickel resource supply companies have signed medium and long-term supply and purchase agreements for MSP, MHP (nickel hydrometallurgical intermediate products), nickel matte and nickel beans, establishing a global green supply chain of nickel resources. In 2022, the company has signed contracts with Trafigura, First Quantum, Yongqing, MINGDA, Ranyulian and other companies to supply a total of more than 30,000 tons of nickel, ensuring sufficient demand for nickel resources for the company's precursor orders in 2022.

项目的第一阶段预计将put into operation in the first half of this year. At that time, the company's own nickel resources will further guarantee the company's nickel supply security and effectively reduce the company's comprehensive cost of nickel resources.

Green beauty, points out that with the rapid development of global new energy automotive industry, high nickel and low cobalt materials become the trend of vehicle power battery manufacturing, as raw materials for the automotive power battery key of nickel resource has become a global shortage of resources, in particular, nickel resources in China, the Chinese nickel resources cannot meet China's new energy industry development for the huge demand for nickel resources. The company obtains nickel resources through various channels such as self-built nickel resources, recovery of nickel resources, and directional circulation of market chain nickel resources, which will effectively guarantee the company's strategic demand for nickel resources in 2022 market orders and future development. By focusing on the directional cycle mode of new energy key raw materials including nickel resources, the company promotes direct cooperation with new energy battery factories and new energy automobile factories, and opens up the cooperation channel of green supply chain with new energy battery factories and new energy automobile factories. Through cooperation in resources, recycling, technology and market chain, To realize the directional recycling of key new energy raw materials such as nickel resources, establish a deep cooperative relationship between power battery recycling and nickel resources for directional recycling, and constantly improve the market share of Greenme in power battery recycling and nickel resources recycling. At the same time, a global green supply chain of nickel resources has been established by signing nickel supply and purchase agreements with trafigura, First Quantum, Yongqing, MINGDA and other nickel suppliers. In addition, the company has accelerated the construction of its own nickel resource project in Indonesia, comprehensively ensuring the safety of nickel raw material supply system and enjoying the advantage of low-cost nickel resources. The company's multi-channel nickel resource supply system will ensure the company's stable and safe supply of nickel resources in the future, comprehensively consolidate the company's core position in the global new energy material industry, and promote the low-carbon development of the world's power battery.