Huayou Cobalt to invest in constructing lithium battery power ternary precursor new material project

Huayou Cobalt announced on the evening of March 12th that in order to fully grasp the development opportunity in national new energy automobile industry, meet the increasing demand for high-end power battery material in new energy market and seek advantages for the company to transfer from the leader in cobalt industry to the leader in lithium battery new energy material industry, the company (or through subsidiaries) plans to invest in constructing an intelligent manufacturing base of new energy materials (the lithium battery power ternary precursor new material project with an annual capacity of 150,000t) with total investment of RMB6,369,820,000.Asian Metal Copyright181 billion per year.Asian Metal Copyright It's expected that the average annual operating income would reach RMB12.Asian Metal Copyright181 billion per year.Asian Metal Copyright525 billion with the average profit likely to be RMB1.Asian Metal CopyrightHuayou Cobalt announced on the evening of March 12th that in order to fully grasp the development opportunity in national new energy automobile industry, meet the increasing demand for high-end power battery material in new energy market and seek advantages for the company to transfer from the leader in cobalt industry to the leader in lithium battery new energy material industry, the company or through subsidiaries plans to invest in constructing an intelligent manufacturing base of new energy materials the lithium battery power ternary precursor new material project with an annual capacity of 150,000t with total investment of RMB6,369,820,000.Asian Metal Copyright181 billion per year.




.Asian Metal Copyright525 billion with the average profit likely to be RMB1Asian Metal Copyright