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15 Dec
08:02

CNGR, FBC to invest in precursor production base

CNGR Hong Kong New Energy Technology (CNGR HK) and Finnish Battery Chemicals (FBC) have signed an investment agreement to jointly launch a new high-nickel ternary precursor production base in Hamina, Finland. The project company will be founded jointly, with FBC holding 40% of the shares and CNGR HK (and its subsidiary) holding the rest, Kallanish reports. The annual production capacity of the new base is planned to be no greater than 120,000 tonnes. As part of t…
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