On the evening of March 14, GEM revealed that the company had “bubbed” cobalt resources from overseas giants. Buying up and not buying down, the investment logic of the secondary market seems to apply to industrial investment. As the price of cobalt continues to rise, more and more funds are pouring into this small industry. "As long as it is related to cobalt, it is now popular. Cobalt mines are the best, there is no cobalt mine, cobalt processing is also OK." An investment banker interviewed by Shanghai Securities News reporter said. On the evening of March 14, GEM revealed that the company had “bubbed” cobalt resources from overseas giants. Buying up and not buying down, the investment logic of the secondary market seems to apply to industrial investment. As the price of cobalt continues to rise, more and more funds are pouring into this small industry. "As long as it is related to cobalt, it is now popular. Cobalt mines are the best, there is no cobalt mine, cobalt processing is also OK." An investment banker interviewed by Shanghai Securities News reporter said. 1521685137877418.jpg The forerunner is busy expanding the extension of the industrial chain. On March 14, Antaike's offer for electric cobalt was 630,000 yuan per ton. Since the breakthrough of 600,000 yuan on February 26, the price of cobalt has maintained a slow upward trend. After nearly doubled in 2017, cobalt prices have risen nearly 20% this year. "The situation is relatively subtle now, the volume is not large, but the price is still going up, the seller still has an advantage for the time being." A brokerage researcher interviewed by the reporter said that because the cobalt mine resources are in the hands of a few giants, the general "reluctant sale" As a result of the continued tight supply of the market, it is difficult for traders to replenish the goods from the market, and the willingness to ship is not strong, resulting in prices continuing to push up. On the other hand, whether it is 3C or power battery, the will of the downstream buyer is not strong. The stalemate in prices has promoted the pace of the extension of the giant industry chain to some extent. On March 13, Huayou Cobalt disclosed that it plans to invest in the construction of a new material project with an annual output of 150,000 tons of lithium-electric power ternary precursors. The planned investment is 6.37 billion yuan. It is estimated that after the completion of production, the annual average operating income will be 12.5 billion yuan. The total profit was 1.18 billion yuan. Huayou Cobalt is currently the largest supplier of cobalt products in China. "From the perspective of Huayou, this is the normal extension of the industrial chain. Because of the upstream resources, the downstream precursors have cost advantages, but for downstream companies, this is a warning. There is no material resources, anytime. May be 'stuck the neck'." The brokerage researcher believes that although the market has long been expected to extend the downstream of Huayou Cobalt, such a huge investment volume will still constitute an impact. The person further analyzed that who is now a cobalt mine who is strong. At the same time, everyone knows that the price of cobalt ore cannot be maintained at a high level. For the giant of Huayou, the logic is to take the opportunity to expand its advantage in the industrial chain and “cure” this advantage through the extension of the industrial chain. Also busy with the expansion of scrap metal recycling giant GEM. On the evening of March 14, the company announced that GEM and its subsidiaries and Glencore signed a strategic purchase agreement on the procurement of crude cobalt hydroxide intermediates for power battery materials and medium- and long-term cooperation between the two parties, 2018, 2019, 2020. It plans to purchase 13,800, 18,000 and 21,000 tons respectively. "This purchase agreement means that GEM will expand significantly, double in three years." People familiar with the company said so. Cobalt industry mergers and acquisitions are as hot as possible, and become the consensus of the entire industry. "There are two roads, one is prospecting. This is mainly overseas. The domestic cobalt resources are basically concentrated in Jinchuan. The other road is the acquisition of cobalt ore processing enterprises. There are still some domestic ones, and a few companies have already Bigger, in recent years, profits are also considerable.” There are many companies looking for minerals overseas. At present, several giants of domestic cobalt mines, such as Huayou Cobalt and Hanrui Cobalt, are almost all companies that have been deployed overseas in the early days. In 2016, Luoyang Molybdenum completed the acquisition of a 56% interest in Congo's copper and cobalt company TFM. In 2017, it won another 24% equity interest in TFM. TFM is the second largest copper-cobalt mine in Congo (Gold) and a producer of electrolytic copper and cobalt hydroxide. In addition, many companies, such as Yinhao Technology and Xinhaiyi, have also intervened in overseas cobalt mines through various channels. Shengyu Mining is planning to acquire Zhuhai Kelixin Metal Materials Co., Ltd. According to Keli Xin's official website, the company is one of the largest producers of cobalt sulphate in China and has a capacity of 5,000 tons of cobalt products per year. In 2016, Shengyu Mining began to arrange cobalt materials business, relying on Congo (Gold) to carry out cobalt raw ore procurement, product trade, commissioned processing, etc. In 2017, the company's cobalt materials business achieved revenue of 2.364 billion yuan and gross profit of 723 million yuan. Dow Technology is planning to acquire the remaining 49% stake in Jiana Energy to complete the control. In June last year, Dow Technology increased its capital by 450 million yuan to Jiana Energy, increasing its shareholding ratio from 23% to 51%. It is through the acquisition of Jiana Energy that Dow Technology expects its earnings to increase by 38% to 58% in 2017. Jiana Energy is one of the major manufacturers of cobalt salts and ternary precursors in China. It has an annual output of 6,000 tons of cobalt metal and 15,000 tons of cathode materials for power batteries. "The most critical thing is that the profit is good, and the money is fast!" Some investors said it was straightforward. In 2017, the performance of cobalt-related companies almost exploded. For example, Huayou Cobalt expects a profit of 1.65 billion yuan to 1.9 billion yuan, a year-on-year increase of 22.8 times to 26.5 times. Hanrui Cobalt has a net profit of 450 million yuan in 2017. Growth of 575%; Shengyu Mining's net profit in 2017 was 610 million yuan, up 224% year-on-year; GEM also earned 600 million yuan in 2017, an increase of 128%. But how long can the profiteering last? On the evening of March 14, Huayou Cobalt Co., Ltd. responded to the regulatory inquiry letter, saying that if the prices of metals such as cobalt and lithium continue to rise, or maintain a relatively high price, it may lead to lower manufacturers' choice or lower development costs. Potential technical route.

Escalator Modernization

While the escalator truss can last for the lifetime of the building, mechanical components can wear out or become outdated. Safety regulations, as well as electrical and monitoring systems, have changed considerably in the last 10 or 20 years. And aesthetics can change as quickly as trends in interior design.

Given these various lifecycles, it makes sense to take a flexible approach to escalator modernization. We give you a range of options, so you can replace the entire installation or individual components as needed, with a modular solution.


the CEP offers a modular solution for escalator modernization, so you can replace individual components or complete functional packages, as needed. This enables you to improve safety or enhance the aesthetics, for example, while leaving the mechanical components intact. So you can have a modern-looking escalator that meets the latest regulations, with minimal disruption to employees and customers.



CEP Modular Escalator Modernization

With our modular escalator modernization solutions you can renew individual components or complete systems. For example, you can choose upgrades that improve the safety and appearance of your equipment while leaving the mechanical components intact. With modular modernization you benefit from the latest technology and keep your equipment in line with the latest regulations, all with minimal inconvenience to tenants and visitors.

CEP Full Escalator Replacement

With full escalator replacement you benefit from reduced energy costs, as well as greater safety, reliability, and style. Our flexible replacement options keep disruption to a minimum.



Escalator Modernization,Escalator Drive Modernization,Escalator Machine Modernization,Escalator Engine Modernization

CEP Elevator Products ( China ) Co., Ltd. , https://www.zjelevatortravelingcable.com