LYGEND RESOURCE (02245): All production lines of the KPS project in the second phase of the RKEF project have achieved full production capacity.

date
21:51 05/08/2026
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GMT Eight
Liqin Resources (02245) announced that all production lines of the KPS project in the second phase of its RKEF project officially reached design capacity on August 1, 2026, achieving full production.
LYGEND RESOURCE (02245) announced that all production lines of its RKEF phase II KPS project officially reached design capacity on August 1, 2026, achieving full production. The RKEF project, in collaboration with Indonesian partners on Obi Island, comprises two phases, with phase II's KPS project featuring 12 production lines and an annual design capacity of 185,000 metal tons of nickel iron. The full production achievement of the KPS project signifies that all production lines of the Obi project have officially entered the full production operation stage, now establishing and steadily achieving a scaled production capacity of 400,000 metal tons of nickel per year. With the complete ramp-up of the Obi project, the overall scale benefits of the company are further released, laying a solid foundation for the company to deepen cost reduction and efficiency enhancement, optimize resource allocation, and improve core competitiveness, which will strongly promote the steady increase of the company's profitability and industry influence.