Operated by Guangxi Yinyi, the Beihai nickel sulphate refinery is located in Guangxi country, China. The plant produces a range of nickel products including battery grade nickel sulphate as well as battery-grade cobalt and manganese sulphate, and copper cathode. In 2021, the plant had a nickel sulphate capacity of 81.8kt (18.0kt Ni content), the majority of the feedstock for which is supplied by the Ramu plant in Papua New Guinea and Raventhsorpe plant in Australia. Wood Mackenzie’s asset reports are built from the bottom up, incorporating several granular data metrics to ultimately produce our industry-standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.