30
Nov
09:59
Infund to invest in ternary precursors
Infund Holding intends to use its own funds to jointly invest with two other companies to establish Infund New Materials (Shenzhen) Co Ltd, which will be engaged in the lithium-ion battery cathode material ternary precursor business, Kallanish reports.
Infund New Materials is expected to have a registered capital of CNY 300 million ($47.09m). The plan is to establish an annual production line of 50,000 tonnes of high-nickel ternary cathode precursors. The specific…
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Anonymous
Very good overview of the weekly steel market.
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