Operated by Hunan Haina New Material, the CNGR Hunan cobalt refining plant is located in Ningxiang city in Hunan province, China. The plant is a 100%-owned subsidiary of Hunan Zhongwei Holding Group Co., Ltd. The plant produces cobalt sulphate and tetroxide from crude cobalt hydroxide. The plant has a capacity of 14.0 ktpa cobalt tetroxide (on a contained cobalt basis) as of 2021. 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.