Gelonghui, January 25, 丨 Grimmie (002340.SZ) announced that in order to meet the challenges of global green development rules and seize global green development opportunities, the Singapore branch of Anglo-American Resources Group Co., Ltd., a wholly-owned subsidiary of Anglo-American Resources Group, headquartered in Shenzhen, China, and Grimmie Co., Ltd. (“Grimmie” or “Company” for short), an urban mining advantage company headquartered in Shenzhen, China, decided to combine advantages and implement strategic cooperation. On January 24, 2024, the two sides jointly signed “Strengthening Research and Development of Nickel Products and Power Battery Materials Processing Technology, etc. “Memorandum of Understanding on Cooperation”. Under the global ESG value framework, the two sides cooperate on a range of environmental, social and governance, technical initiatives and business development solutions relating to the responsible production and procurement of nickel and other battery products, as well as to promote and promote sustainable products and service products for the global market, customers and stakeholders to jointly advance the goals of the two parties' sustainable mining plans and sincerely optimize the value of ESG cooperation between the two sides.
In order to promote the implementation of indicative initiatives and activities and cooperation between the two sides, the two sides shall establish the Anglo-American Resources - Grimmie Business and Trade Cooperation Working Group, the Anglo-American Resources - Grimmie ESG and Sustainability Working Group, and the Anglo-American Resources - Grimmie R&D Group, which are dedicated to strengthening the commercial partnership between the two sides, enhancing the value of ESG and sustainable development cooperation, and battery material processing technology research and development, respectively, to promote the implementation of the goals of this Memorandum of Understanding.