GEM said that the company has not yet reached overcapacity in the field of hydrometallurgical nickel resources.

GEM said on the interactive platform that according to market demand forecasts, the global demand for hydrometallurgical nickel resources will reach 1 million tons by 2026, but the global hydrometallurgical nickel resource projects that have been built so far are only 300,000 tons, far lower than future demand. Therefore, the company has not yet reached a state of overcapacity in the field of hydrometallurgical nickel resources.