Ge Long Hui·2025-11-11 05:42Core Viewpoint - The report from Zhongyin Securities indicates that the company achieved a net profit attributable to shareholders of 4.216 billion yuan in the first three quarters, representing a year-on-year growth of 39.59% [1] Group 1: Financial Performance - The company’s net profit for the first three quarters reached 4.216 billion yuan, showing a significant increase of 39.59% compared to the previous year [1] Group 2: Project Developments - The Pomalaa wet process project, with an annual production capacity of 120,000 tons of nickel metal, has commenced construction [1] - The Sorowako project, with an annual production capacity of 60,000 tons of nickel metal, is progressing smoothly in its preliminary preparations [1] Group 3: Resource and Cost Management - The Arcadia lithium mine's resource reserves have increased to 2.45 million tons, with an improved grade of 1.34% due to additional exploration [1] - The lithium sulfate project, with an annual production capacity of 50,000 tons, has entered the equipment installation phase and is expected to be completed by the end of the year, which will further reduce lithium salt costs [1] Group 4: Material Supply and Partnerships - The first phase of the 50,000-ton ternary precursor project by Huaneng Indonesia has achieved bulk supply [1] - The first phase of the 25,000-ton cathode project in Hungary is progressing smoothly and is expected to be completed within the year [1] - The company has signed a long-term agreement with LG Energy, enhancing its competitiveness in lithium battery materials [1]