XTC New Energy signs strategic cooperation framework agreement with CNGR

XTC New Energy announced that on September 14, 2021 it signed a strategic cooperation framework agreement with CNGR.Asian Metal Copyright .Asian Metal Copyright The two sides decided to cooperate in upstream mineral sourcing including nickel, cobalt and manganese, among others, to ensure stability and cost advantages in raw material supply; and the two sides will also form long-term cooperation in supply-purchase and processing of cobalt tetroxide and NCM precursor.Asian Metal Copyright It is expected that from agreement signing date to December 31, 2023, demand and supply of cobalt tetroxide and NCM precursor will be 20,000-25,000tpy and 15,000-35,000tpy respectively.Asian Metal Copyright It is expected that from agreement signing date to December 31, 2023, demand and supply of cobalt tetroxide and NCM precursor will be 20,000-25,000tpy and 15,000-35,000tpy respectively.Asian Metal Copyright It is expected that from agreement signing date to December 31, 2023, demand and supply of cobalt tetroxide and NCM precursor will be 20,000-25,000tpy and 15,000-35,000tpy respectively.Asian Metal Copyright XTC New Energy will not make purchase commitments now, and actual purchase volumes and prices will be finalized in contracts the two sides sign in the future.

.Asian Metal Copyright It is expected that from agreement signing date to December 31, 2023, demand and supply of cobalt tetroxide and NCM precursor will be 20,000-25,000tpy and 15,000-35,000tpy respectivelyAsian Metal Copyright