Huayou Cobalt to invest RMB7.6 billion in ternary Li-battery project

Huayou Cobalt unveiled its specification of raising RMB7.Asian Metal Copyright The net proceeds will be invested in the 50,000tpy high nickel power battery's ternary cathode material project, the 100,000tpy precursor material integration project and the 50,000tpy high-performance power battery's ternary cathode material precursor project, as well as for supplementing working capital.Asian Metal Copyright6 billion (USD1.Asian Metal Copyright The net proceeds will be invested in the 50,000tpy high nickel power battery's ternary cathode material project, the 100,000tpy precursor material integration project and the 50,000tpy high-performance power battery's ternary cathode material precursor project, as well as for supplementing working capital.Asian Metal Copyright2 billion) of convertible bonds in public on February 22.Asian Metal CopyrightHuayou Cobalt unveiled its specification of raising RMB7.Asian Metal Copyright The net proceeds will be invested in the 50,000tpy high nickel power battery's ternary cathode material project, the 100,000tpy precursor material integration project and the 50,000tpy high-performance power battery's ternary cathode material precursor project, as well as for supplementing working capital.
.Asian Metal Copyright6 billion USD1Asian Metal Copyright