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China's cobalt sector embarks on road to consolidation

机译:中国钴行业走上整合之路

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China's struggling cobalt sector has been forced to start consolidating, which industry experts believe maytake a few years but will ultimately benefit the sector. Many small or mid-sized cobalt producers shut their facilities last year due to poor market conditions and government-ordered power cuts. Some have since sold their operations. "It may take three to five years for the sectorto consolidate and many small players will be washed away," a major cobalt producer in eastern China said. "I would say at least two years, as it is neveran easy decision to quit the market," a producerin northern China agreed.
机译:中国陷入困境的钴行业被迫开始整合,业内专家认为这可能需要几年时间,但最终将使该行业受益。去年,由于市场条件不佳以及政府下令削减电力,许多中小型钴生产商关闭了工厂。此后,有些人出售了自己的业务。中国东部某主要钴生产商表示:“该行业整合可能需要三到五年的时间,许多小企业将被冲走。”中国北方的一位生产商表示:“至少要说两年,因为退出市场从来都不是一个容易的决定。”

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    《Metal Bulletin》 |2011年第9206期|共1页
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