On July 31, 2024, the production of 10,000 tons of GEM energy metal cobalt flakes was held in Jingmen Park. Nearly 200 leaders and guests who came to participate in the Analysis of Industrial Economic Operation in the first half of the year in Hubei Province and witnessed the event. Chen Jiawei, Mayor of Jingmen City, Sheng Zhangxue, Chief Engineer of Hubei Provincial Department of Economy and Information Technology, Zhou Junjie, Deputy Mayor of Jingmen City, Wang Wei, Deputy Executive Director of Jingmen Hi-Tech Zone Management Committee and Mayor of Doudao District, and Professor Xu Kaihua, Chairman of GEM, jointly launched GEM's 10,000-ton main energy metal cobalt flake project into production, granting GEM a great strength in high-quality development.

As a key energy metal strategic resource, cobalt is not only a key element of new energy, but also widely used in machinery manufacturing, electronics and electrical appliances, aerospace industry and other industries, known as "new energy blood", "essence of industry" and "gear of industry". Cobalt plays an irreplaceable role in the new energy industry and modern industrial system. However, China's cobalt resource reserves account for only 1.16% of the world, but usage is more than 50% of the world. To solve the problem of China's stunted industrial development, we must win the battle to defend cobalt resources.

As a world-leading circular economy enterprise, GEM takes the lead in mining cobalt resources in urban mining and builds the world's largest recycled cobalt base, with annual recycled cobalt resources exceeding 3.5 times the volume of China's original cobalt mining, effectively supporting China's strategic demand for cobalt resources. GEM brand cobalt flake is a high-quality brand in the world, and has been successfully registered as an exchange-approved brand in London LME, with a global market share value of more than 30% and a European market share of more than 50%. GEM brand cobalt-based battery "core" materials power more than 20% of the world's smart phones and ternary power battery cars.

The 10,000-ton energy cobalt metal flake manufacturing project, which has started production this time, with the help of the latest generation electrolytic process and self-innovated intelligent equipment, has steadily produced cobalt metal flakes that meet the Co9995 grade standard, that is, the cobalt content is more than 99.95%, which is an innovative upgrade of the company's original cobalt metal flake project and a profound extension of the company's new energy material industry chain. The project actively practices the environmental protection concepts of green design, clean production, recycling and emission reduction, which greatly improves the market competitiveness of products and positively contributes to the promotion of carbon emission reduction targets.

At the inauguration ceremony, Chairman Xu Kaihua delivered a passionate speech. He said that in the past 20 years, GEM started from scratch in Hubei to create a 30 billion industrial scale today, and become the world's leading recycling economy enterprise, GEM's achievements are inseparable from the provincial and municipal governments at all levels to support GEM's innovation and entrepreneurship. Today's inaugural activity is the Hubei Provincial Party Committee and the Provincial Government once again with the strength of the province, to promote GEM towards China's typical modernization road practice.

Chairman Xu Kaihua stated that, for the modernization of Chinese culture, GEM should practice "four commitments" and achieve "one goal". The first commitment is to lead the global industry with super technology innovation. Using the innovation formula of "Super Talent + Super Equipment + Super Innovation = Super Technology", GEM initiated super technology research, entered into the no man's land of global industry, and became the leader of global urban mining and an important promoter of global new energy industry. The second commitment is to achieve a global brand with high-quality products. All our products have entered the world's top companies and leading customers, which makes the world fall in love with GEM. These 10,000 tons of energy metal cobalt flakes are put into production activities, are waste into LME registered brand and occupy the global market, become the global quality brand of innovative achievements, are building recycling to make Hubei become cobalt producing province, let China become cobalt producing country with city mining model. The third commitment is to serve the world's new energy with green development. GEM as a global leader in power battery recycling, recovering global new energy power batteries, recycling and remanufacturing new energy materials, building a global new energy carbon footprint, and realizing a remarkable change from scrapping and selling broken iron to selling high-tech new energy materials and new quality productivity. The fourth commitment is to sail the seas to get out, practice "Belt and Road" version 2.0, and achieve leading-edge leadership. GEM takes Indonesia as the base, goes to sea with green technology, cultivates engineering experts for Indonesia in large numbers, builds the Sino-Indonesian Joint Research Laboratory in Bandung, and consolidates the way of going to sea with the flexible strength of "technology + culture", thereby making Chinese technology shared by the world, and upgrades From China's Jakarta-Bandung high-speed railway to technology made by Chinese companies, and provides a beautiful answer sheet for "Belt and Road". Finally, through innovation-driven and high-quality development, we will achieve the goal of creating a world-class green industry group and write a remarkable history of China's modernization.

Mayor Chen Jiawei congratulated GEM on the successful production of 10,000 tons of key energy metal cobalt flakes. He pointed out that this production is not only a major deployment of GEM's deep plowing into the new energy and new material industries, but also a major event in China's cobalt resource recycling industry. He said that the municipal government will make every effort to provide high-quality services, and ask the provincial departments to support and care for the development of GEM as always, and promote GEM to become a national high-quality development benchmark enterprise and a world-class environmentally friendly enterprise.

During the activity, the leaders and guests who participated in the Analysis of Economic Operation of the industry in the first half of Hubei Province also observed the GEM "Urban Mining" Museum, felt the power of "Turn rubbish into resources, transform waste into wealth" of GEM, and were warmly welcomed by the Indonesian student representatives of the international master class of metallurgical engineering and new energy materials jointly developed by GEM-CMMAI-Central South University who were doing internships in GEM-Jingmen. "Jingmen is amazing, we love Hubei! Love Jingmen!" Viola Pongajow, a student representative, spoke about her feelings of studying and living in Jingmen to the leaders and guests present. Ellin Victoria, a fifth-generation Chinese-Indonesian student, shared her 100-year-old great-grandfather's dream of crossing the ocean to Indonesia to earn a living, and now she has arrived in China to study.

Hubei Provincial Economic and Information Department, Hubei Provincial Bureau of Statistics, Hubei Provincial Taxation Bureau, Hubei Branch of the People's Bank of China, leaders in charge of industry from the governments of cities, prefectures, directly administered cities, Shennongjia Forest District and 49 industrial "horse racing" counties (cities, districts) in Hubei Province, and the Development Zone Management Committee attended the event. Lu Xijin, Chairman of the Supervisory Board of GEM, Dr. Zhang Kun, Deputy General Manager and President of the Central Research Institute, and Wang Qiang, Deputy General Manager, participated in this event.

GEM 10.000 ton key energy metal cobalt flake into production event

Speech delivered by Prof. Xu Kaihua, Chairman of GEM

Speech delivered by Chen Jiawei, Mayor of Jingmen

GEM's  Launch of 10,000-Ton Key Energy Metal Cobalt Production event site

Leaders and guests of the Hubei Provincial Industrial Economic Operation Analysis Meeting in the first half of the year visit GEM "Urban mining" Museum

Leaders and guests of the Industrial Economic Operation Analysis Meeting of Hubei Province in the first half of the year exchanged views with Indonesian students in the GEM-CMMAI-CSU program in metallurgical technology and new energy materials engineering

GEM brand cobalt metal flakes

The 10,000-ton key energy metal cobalt flake manufacturing project at GEM Jingmen Park