Huayou Cobalt and Farasis Energy sign 161,500t NCM precursor supply agreement
2021-12-03 16:52:26 [Print]
On December 2, Huayou Cobalt announced that it signed a strategic cooperation agreement with Farasis Energy on NCM precursor purchase and supply, waste material and used battery recycling, and research and application in relation to NCM cathode and precursor
. According to the agreement, from December 2021 to 2025 Huayou Cobalt will supply to Farasis Energy 161,500t of NCM precursor.