Shanghai Futures Exchange Approves Huayou's Electrolytic Nickel Product Registration with 50,000-Ton Capacity

XNI-1.08%
According to Shanghai Futures Exchange announcement, the exchange approved the registration of electrolytic nickel (electrowinning process, Ni99.96, Phase 3) produced by Quzhou Huayou Cobalt New Materials (a subsidiary of Zhejiang Huayou Cobalt), branded as 'HUAYOU', with registered capacity of 50,000 tons. Effective immediately, the product is eligible for delivery against the exchange's nickel futures contracts.
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