On May 23, 2024, the London Metal Exchange (LME), the world's largest base metals trading center, announced that the "DX-zwdx" brand electrolytic nickel produced by Indonesia's CNGR Dingxing New Energy Co., Ltd. has been certified and registered by the LME, officially becoming an LME nickel delivery brand. The announcement means that pure nickel produced in Indonesia has obtained a "global passport," making it the first LME nickel delivery brand in Southeast Asia. This achievement not only strengthens the global influence of Indonesia's nickel industry but also promotes the development of the nickel industry in both Indonesia and Southeast Asia.
Founded in 1877, the LME has become the world's largest base metals trading center, trading copper, aluminium, lead, zinc, nickel, and aluminium alloy. The official prices it publishes daily are used as the basis for pricing physical metal contracts in the industry. Its prices and inventories have significant impact on the production and sales of base metals worldwide.
The "DX-zwdx" brand electrolytic nickel process uses CNGR's proprietary efficient hydrometallurgical treatment process for high-nickel matte. This unique process has obvious advantages such as low energy consumption, high recovery rate, and high automation. The raw material high-nickel matte undergoes preparation, two-stage leaching, extraction, and electrodeposition, and is finally converted into electrolytic nickel with a nickel content of 99.99%, which meets the highest national standards. The final product features high purity, low impurity content, high melting point, strong corrosion resistance, and also possesses special physical properties such as magnetism, magnetic elongation, and shrinkage. It is mainly used in the production of stainless steel, high-nickel alloys, nickel plating, cast steel, alloy steel, batteries, and other products, which are widely used in aerospace, high-end electronic components, medical equipment, and other fields.