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Jinchuan Group to Conduct Maintenance at Cobalt Smelter

Metal News - Published on Mon, 25 May 2020

Image Source: Jinchuan Cobalt
Market sources told Fastmarkets that Chinese multi-metal company Jinchuan Group will conduct maintenance at its cobalt smelter in Gansu Province in early June and that maintenance will last for about 15 days and is expected to result in the loss of 200 tonnes of cobalt metal production. Jinchuan Group produces cobalt metal in the form of cut cathode and has an annual output of around 4,500 tonnes.

News of the disruption comes at a time when China’s cobalt metal market is already benefitting from optimism surrounding expectations of further stimulus measures being introduced by the government to boost the economy in the aftermath of the Covid-19 pandemic

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Posted By : Yogender Pancholi on Mon, 25 May 2020
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