Huayou Cobalt: Company Has Received Export Approvals for Concentrate, Transit Period Approximately 3 Months

Wallstreetcn
2026.04.20 07:16

On April 20, at Huayou Cobalt's 2025 Annual Results and Q1 2026 Performance Presentation Meeting on cash dividends, Company President Chen Hongliang stated that companies currently developing lithium resources in Zimbabwe have obtained export approvals for lithium concentrate, and all are currently undergoing processing procedures. Huayou Cobalt mainly produces two types of products in Zimbabwe: lithium concentrate and lithium sulfate. Once all export procedures are fully completed, the transit period to China will take approximately three months. While there may be potential shortages of raw materials for lithium carbonate in Guangxi, this is not expected to cause significant impact. (Shanghai Securities News)