Kelong New Energy invests in building NCM precursor project

Kelong New Energy signed an agreement on September 22nd in Xuzhou to construct the Xinyi production base project of RMB10.Asian Metal Copyright The project will have an annual production capacity of 200,000t of NCM precursor after the construction is completed.Asian Metal Copyright5 billion (USD1.Asian Metal Copyright The project will have an annual production capacity of 200,000t of NCM precursor after the construction is completed.Asian Metal Copyright63 billion).Asian Metal Copyright63 billion.Asian Metal Copyright The project will have an annual production capacity of 200,000t of NCM precursor after the construction is completed.

Kelong New Energy's NCM precursor production capacity was 17,000tpy by the end of 2020 and will increase to 230,000tpy after the Linyi production base project goes into production, when its supply capacity will also be improved.

.Asian Metal Copyright Kelong New Energy's NCM precursor production capacity was 17,000tpy by the end of 2020 and will increase to 230,000tpy after the Linyi production base project goes into production, when its supply capacity will also be improvedAsian Metal Copyright