Huayou Cobalt to build ternary cathode materials project in Hungary

Huayou Cobalt plans to invest and build a project in Hungary that will produce ternary cathode materials used for high-nickel power battery.Asian Metal CopyrightHuayou Cobalt plans to invest and build a project in Hungary that will produce ternary cathode materials used for high-nickel power battery.Asian Metal Copyright The company, through its holding subsidiary Bamo Technology Hungary Kft, plans to invest a total of EUR 1.Asian Metal CopyrightHuayou Cobalt plans to invest and build a project in Hungary that will produce ternary cathode materials used for high-nickel power battery.Asian Metal Copyright278 billion in the project, including EUR 252 million for the first phase with capacity of 25,000 tonnes per annum and a construction period of 2 years.

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