Lygend Resources & Technology Co., Ltd. Class H (HK:2245) has released an update.
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Lygend Resources & Technology Co., Ltd. has announced the successful achievement of the designed annual production capacity for Phase III of its HPAL project on Obi Island, Indonesia, as of September 2, 2024. The ONC project, which is an integral part of the HPAL project, has now fully operationalized its three production lines, collectively aiming to produce 65,000 metal tons of nickel-cobalt compounds and nickel sulfate annually. Investors and shareholders are reminded to exercise caution when dealing in the company’s securities.
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