Huayou Cobalt and LG Chem Ltd will build plant in Morocco

The Chinese producer of Huayou Cobalt cobalt and South Korean LG Chem Ltd declared partnership creation for constructions plant on release of storage materials in Morocco. Introduction in a system of the enterprise is expected in 2025. Target capacity of plant makes 50 thousand tons a year. Materials made at the enterprise will be delivered directly on storage plant to Morocco. LG Chem Ltd are planned also by construction to Indonesia plant on release of precursors with an annual production rate of 50 thousand tons together with Huayou Cobalt - for the purpose of satisfaction of active demand for materials...