GEM's subsidiary to supply NCM precursor and cobalt tetroxide to XTC New Energy

GEM announced that in order to conduct the integration and cooperation on technology, production capacity and market resources of NCM cathode precursor and cobalt tetroxide and formulate a joint value chain, its wholly-owned subsidiary, Jingmen GEM, signed a strategic supply and cooperation framework agreement of NCM precursor and cobalt tetroxide with XTC New Energy recently.Asian Metal Copyright From the signing date of the agreement to December 31st, 2023, Jingmen GEM expects to supply 15,000-35,000t of NCM precursor and 5,000-15,000t of cobalt tetroxide to XTC New Energy per year.Asian Metal Copyright From the signing date of the agreement to December 31st, 2023, Jingmen GEM expects to supply 15,000-35,000t of NCM precursor and 5,000-15,000t of cobalt tetroxide to XTC New Energy per year.Asian Metal Copyright From the signing date of the agreement to December 31st, 2023, Jingmen GEM expects to supply 15,000-35,000t of NCM precursor and 5,000-15,000t of cobalt tetroxide to XTC New Energy per year.Asian Metal Copyright The two parties will form a long-term stable cooperation relationship on product supply & marketing, processing and other fields.
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