Lygend Resources & Technology Co. Ltd. (2245)

Overview

Lygend Resources & Technology Co., Ltd., founded in 2009 and based in Ningbo, China, operates within the metals industry, focusing on the production, smelting, and trading of nickel products. This encompasses activities both in Mainland China and on an international scale, reflecting the company’s position in the global metals market. Lygend Resources & Technology is committed to advancing the nickel production process, emphasizing sustainable practices alongside its technological advancements. The company’s operations extend to manufacturing and selling machinery and equipment, further broadening its scope within the industry.

Products and Services

• Laterite Ore: This is a type of ore used in the production of nickel. Laterite ore is a significant raw material for the nickel smelting process, crucial in producing various nickel products.
• Ferro-Nickel: An alloy containing nickel and iron, ferro-nickel is primarily used in the manufacturing of stainless steel and other alloys. It plays a vital role in the global steel industry, providing resistance to corrosion and enhancing the strength of steel and other alloys.
• Mixed Hydroxide Precipitate (MHP): A product of nickel laterite ore processing, MHP is an intermediate product used in the production of nickel sulfate and cobalt sulfate. MHP is crucial for the battery industry, particularly for lithium-ion batteries.
• Nickel Sulfate: This chemical compound is heavily used in the production of batteries, especially for electric vehicles (EVs). Nickel sulfate plays a critical role in the advancement of EV technology, reflecting the company’s commitment to supporting green technology.
• Cobalt Sulfate: Similar to nickel sulfate, cobalt sulfate is used in the manufacture of lithium-ion batteries. Its usage underlines the company's involvement in the renewable energy sector, providing essential materials for energy storage solutions.
• Other Products: The company's portfolio also includes various other nickel-related products, catering to a wide range of industrial applications. This diversification of products ensures a broader market reach and resilience in the volatile commodities market.
• Machinery and Equipment: Beyond chemicals and metal products, Lygend Resources & Technology manufactures and sells machinery and equipment. These offerings are likely tailored to the mining and smelting industries, providing comprehensive solutions that encompass both raw materials and the equipment necessary for their processing and handling.