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Metal Bulletin reported that management at Zhejiang Galico Cobalt & Nickel Material Co. Ltd., a Chinese cobalt producer, is interested in selling a stake in the company due to cash flow issues.
Metal Bulletin reported that management at Zhejiang Galico Cobalt & Nickel Material Co. Ltd., a Chinese cobalt producer, is interested in selling a stake in the company due to cash flow issues.
GM Jerry Shao commented:
Galico is in discussions with several big groups and companies in the hope of channelling in strategic investors to help strengthen its finances.
Click here to read the full Metal Bulletin report.
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