China's Hanrui Cobalt applies for HK listing to fund expansion

China's Hanrui Cobalt applies for HK listing to fund expansion

REUTERS/Bobby Yip

Nanjing Hanrui Cobalt Co, one of China’s biggest producers of the metal used in EVs, has applied to list shares in Hong Kong as it seeks funds to expand production and diversify into other battery metals such as lithium and nickel.