GLM and Anglo American Forge Strategic Partnership for Nickel and Battery Material Innovation

GLM, a leading urban mining firm based in Shenzhen, China, has entered into a groundbreaking Memorandum of Understanding (MoU) with the Singapore Branch of Anglo American plc, a globally renowned resource company headquartered in the UK. Signed on January 24, 2024, this MoU aims to catalyze cooperation in the research and development of nickel products and power battery material processing technologies, underscoring a shared commitment to global green development initiatives and ESG (Environmental, Social, and Governance) values.

The partnership signifies a strategic alignment between GLM and Anglo American, combining their respective expertise to foster responsible development and sourcing of nickel and battery materials. This collaboration is poised to enhance sustainable product and service offerings, catering to the global market's evolving demands and contributing to the broader objectives of the Bilateral Sustainable Sourcing Initiative.

To facilitate the goals set forth by this MoU, the two companies will establish three dedicated working groups: the Anglo American-GLM Business Cooperation Working Group, the Anglo American-GLM ESG and Sustainability Working Group, and the Anglo American-GLM Research and Development Working Group. These groups will focus on fortifying the business relationship, elevating ESG and sustainability efforts, and advancing R&D in battery material processing technologies, respectively.