LianYou Advanced Materials Co., Ltd. established a plant in Yilan County's Lize Industrial Park in July 2021, and is 97% invested in by LianYouMetals Co., Ltd.
Its main business items are the recycling and manufacturing of secondary resources of cobalt, nickel, and tungsten metals. Its current main products are cobalt sulfate, cobalt(II) carbonate, cobalt (II, III) oxide, cobalt powder, and related products, and it obtained UL 2809 and BS 8001 certifications in 2023.