Located in the Hexi Corridor, in Gansu province, Jinchuan Group has the third largest nickel copper sulfide deposit in the world, and is the North China's largest and the world's leading nickel and cobalt production base and platinum group metal refining center. In recent years, Gansu province has adhered to the idea of "strengthening local development through industries". In light of this, Jinchuan Group was recognized as the leading enterprise in the four industrial chains of nickel cobalt, copper, power batteries and the chlor-alkali chemical industry.
After the Chinese New Year holiday, the site responsible for Jinchuan’s annual production of 280,000 tons of nickel sulfate products for power batteries started work. According to the responsible person of the project, it is the key investment attraction project in Gansu province, and also part of the first batch of major projects in Jinchang to start the production in 2023. This project is constructed by Jinchuan Group New Energy Material Technology Co., Ltd. The construction work is divided into two phases, and phase I is expected to be completed and put into operation in December 2023. The fourth generation of pressurized full immersion technology, extraction and impurity removal technology, and MVR concentration-continuous crystallization technology will be adopted. Once entering production, it will have an annual capacity of 140,000 tons of nickel sulfate crystals for power batteries.
The production site of Jinchuan Group Precision Copper Material Co., Ltd. [Photo provided to en.jnmc.com]
According to the responsible person of Jinchuan Group Precision Copper Material, focusing on the national needs of the aerospace, marine, military and other industries, the company has developed a range of high value-added products, such as super alloys and high-purity metals, realizing the substitution of important materials. The company is aiming at the forefront of the industry, jointly tackling key technologies in the field of new generation of special materials, and strengthening scientific and technological support for industrial transformation and upgrading.
In order to grasp the development opportunities in the new energy and new material industries and give play to its advantages in resources, technologies, talents and brands, in recent years, Jinchuan Group has been accelerating the expansion of its nonferrous metals and new chemical materials industry chains, and promoting the fields of new energy power battery materials, super alloys and their deep processing, electronic and electrical materials, and fine chemical materials.
A large number of key projects, such as phase I of the nickel sulfate products for power batteries project, phase I of the new energy electronic material copper foil project, and the copper smelting process technology upgrading project, are all being promoted, contributing to the establishment of Jinchang's 100-billion-level nickel-copper-cobalt new material industrial cluster and new energy battery industrial chain.
Through implementing a series of actions, including an open competition mechanism to select the best candidates and the horse racing mechanism, in the past three years, the intensity of R&D investment of Jinchuan Group has reached 3.5%, and the average annual growth rate of R&D investment has exceeded 20%; 18 subsidiaries have been identified as high-tech enterprises; two achievements have won second prize in the 2019 National Science and Technology Progress Awards; the contribution rate of scientific and technological progress to industrial development has reached 65%.
Relying on 4 national, 14 provincial and ministerial innovation platforms, including the "national key laboratory for the comprehensive utilization of nickel and cobalt resources" and "the Gansu nickel and cobalt resources efficient utilization and new product development and innovation consortium", the company has carried out 129 scientific research projects in conjunction with 57 scientific research institutes and universities, striving to solve key technical problems restricting high-quality development.
