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20 Sep

CNGR, Al Mada to form JV for battery material projects in Morocco

Shenzhen-listed CNGR New Materials said its board of directors have approved the proposal of establishing a joint venture with Morocco’s Al Mada, one of the largest private investment funds operating on the pan-African scene. The two companies will collaborate in launching battery material projects in Morocco, Kallanish learns. The joint venture company, CNGR New Tech Morocco, will implement the project. It’s 50.03% owned by CNGR Morocco New Energy Tec…
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