The China's largest producer of nickel, Jinchuan Group Ltd, is planning to develop high-quality stainless products to away form the reliance of the nickle's price.

The research center is located in the central Gansu province and the project base focuse on research of nickel and nickel based alloy special steel to form a production line. This investment is expected to meet the needs of China import from overseas.

The new project will soon deversify its direction of business to avoid the risk due to unstable nickel price in the market.