Huayou Cobalt Industry's Chen Hongliang: The company has obtained the relevant approval for exporting concentrate, with a lead time of approximately 3 months.

On April 20th, at the Huayou Cobalt Industry 2025 Annual Performance and 2026 First Quarter Performance and Cash Dividend Explanation Meeting, the company's president, Chen Hongliang, stated that currently, various companies that are involved in lithium resource development in Zimbabwe have obtained the relevant export permits for lithium concentrate, and they are all going through the process. Huayou Cobalt Industry mainly produces two types of products in Zimbabwe, lithium concentrate and lithium sulfate. Once the export procedures are completed, it will take approximately 3 months to arrive in China. The company's lithium carbonate raw materials in Guangxi may face shortages, mainly due to logistics issues, but this will not have a significant impact.