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The plant, with a total investment of US$ 250m, to be commissioned by the end of 2024.
Eurasian Resources Group (ERG), a leading diversified natural resources group headquartered in Luxembourg, signed an agreement with China's BGRIMM Technology Group, a leading institute in mineral and material industries worldwide, in relation to the cobalt beneficiation facility, which ERG is building in the DRC. 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 with BGRIMM was signed on the 17th of October, at the 3rd Belt and Road Summit Cooperation...
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