Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Zhejiang Huayou Cobalt Co Ltd (Huayou Cobalt) is a mining company. It is engaged into the research, development, and manufacturing of new energy lithium battery materials and cobalt materials. The company's main activities include the development of nickel, cobalt, and lithium resources, non-ferrous metal refining, and resource recycling. Huayou's major products include ternary precursor products, cobalt tetroxide, lithium carbonate, and nickel metal. The company's products are utilized in various industries, particularly in the production of batteries for 3C products and electric vehicles. It has an geographical presence in Democratic Republic of the Congo, Zimbabwe, and Indonesia. Huayou is headquartered in Tongxiang, Zhejiang, China.
Headquarters
China
Address
No. 18 Wuzhen East Road, Phase II, Tongxiang Economic Development Zone, Jiaxing, Zhejiang, 314500
Website
www.huayou.com
Telephone
86 573 88586238
No of Employees
26,466
Industry
Metals and Mining
Ticker Symbol & Exchange
603799 (SHA)
Revenue (2024)
$11.3B
32.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
47.1%
(2024 vs 2023)
Market Cap*
$11.8B
Net Profit Margin (2024)
XYZ
10.6%
(2024 vs 2023)
* As of and is in US$
Zhejiang Huayou Cobalt Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Crude Cobalt Hydroxide | Recycling of Waste Power Batteries |
| Lithium Concentrate | |
| Electrolytic Copper | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In September, the company entered into an agreement with Toyota Tsusho to sell a 25% stake in LG-HY BCM. |
| 2025 | Contracts/Agreements | In September, the company entered into a Ternary Precursor Supply Agreement with LG Energy Solution to deliver approximately 76,000 tonnes of ternary cathode precursor products to LGES. |
| 2025 | Plans/Strategy | In May, the company announced its plans for opening an Indonesian electric vehicle battery ecosystem project. |
Competitor Comparison
| Key Parameters | Zhejiang Huayou Cobalt Co Ltd | Jiangxi Copper Co Ltd | Ningbo jintian copper(group)Co Ltd | Yunnan Tin Co Ltd | Pengxin International Mining Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Jiaxing | Nanchang | Ningbo | Kunming | Shanghai |
| State/Province | Zhejiang | Jiangxi | Zhejiang | Yunnan | Shanghai |
| No. of Employees | 26,466 | 26,740 | 8,340 | 12,699 | 3,503 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Chen Xuehua | Chairman | Executive Board | 2002 | 65 |
| Fang Qixue | Vice Chairman; Vice President | Executive Board | 2020 | 64 |
| Wang Jun | Chief Financial Officer; Vice President; Director | Executive Board | 2023 | 56 |
| Chen Hongliang | President; Director | Executive Board | 2011 | 53 |
| Qian Xiaoping | Vice President | Senior Management | 2018 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer