Luo Jie, Chairman of Tengyuan Cobalt, says: The competition in the AI industry is not only about computing power, but also about key minerals and advanced new materials.

```htmlGolden Ten Data reported on June 26 that today, Luo Jie, Chairman of Tengyuan Cobalt, stated at a forum that the essence of competition in the AI industry, aside from computational power, is competition in critical minerals and advanced new materials. Cobalt, nickel, lithium, copper and other energy metals are the fundamental foundation for the entire AI industry. She suggested that companies in the energy metals sector should intensify research and development in high-purity metals, green low-carbon smelting, and recycling technologies, in order to solidify a domestically autonomous and controllable supply base for the AI industry chain.```