XTC's sales of magnetic materials up by 3.13% YoY in Q1
2023-04-23 11:34:28 [Print]
Xiamen Tungsten Co
. , Ltd . (XTC) recently released a report for the first quarter of 2023, showing that in terms of rare earth business, the company sold a total of 1,392 tons of deep-processing magnetic materials in the first quarter, an increase of 3 . 13% YoY . In terms of new energy materials business, in the first quarter, due to the decline in terminal consumer demand, the company's sales of lithium-ion battery positive electrode materials reached 9,700t, a year-on-year decrease of 47 . 05%.