Xiamen Tungsten reports 4% rise in annual LCO sales

Xiamen Tungsten Co.Asian Metal Copyright However, the company's ternary materials sales increased quarter by quarter in the year with a narrowing year-on-year decline.Asian Metal Copyright, Ltd.Asian Metal Copyright However, the company's ternary materials sales increased quarter by quarter in the year with a narrowing year-on-year decline.Asian Metal Copyright reported an operating revenue of RMB17.Asian Metal Copyright23 billion USD2.Asian Metal Copyright23 billion (USD2.Asian Metal Copyright .Asian Metal Copyright39 billion) from the new energy battery materials sector in 2023, down by 40.Asian Metal CopyrightXiamen Tungsten Co.Asian Metal Copyright06% from 2022.Asian Metal Copyright The company sold 34,500 tonnes of lithium cobalt oxides LCO in 2023, up by 4% from the previous year, while its annual sales of ternary materials decreased by 20% year over year to 37,000 tonnes due to the slowing downstream demand.Asian Metal Copyright The company sold 34,500 tonnes of lithium cobalt oxides (LCO) in 2023, up by 4% from the previous year, while its annual sales of ternary materials decreased by 20% year over year to 37,000 tonnes due to the slowing downstream demand.Asian Metal CopyrightXiamen Tungsten Co.Asian Metal Copyright However, the company's ternary materials sales increased quarter by quarter in the year with a narrowing year-on-year decline.

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