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"This acquisition will significantly enhance our current technologies of refining and processing value-added specialty metal products by adding nickel to our strong cobalt business," says Jim Mooney, chairman and chief executive officer for OMG. "We will be in a unique position to serve specialty cobalt and nickel users in high growth and high tech applications with value added products-specifically for the catalysts, plating, electronic, rechargeable batteries, fuel cells, glass, chemical, super alloy, stainless steel and the ceramics industries."
The refinery's capacity is in excess of 55,000 tons per year.