Ronbay Technology sees higher ternary materials sales in Q3
2024-10-31 16:12:56 [Print]
Ningbo Ronbay New Energy Technology Co., Ltd. reported total products sales of 36,400 tonnes in the third quarter of 2024, including more than 35,000 tonnes of ternary materials, up by 27% YoY and 33% QoQ, maintaining the top spot in the global ternary materials market since 2022.
Ronbay Technology sold approximately 15,000 tonnes of ternary materials to clients in Europe, America, Japan and South Korea during the third quarter, an increase of over 500% from the year-ago quarter, and the company's quarterly sales of high-nickel NCM (Ni≥90%) exceeded 20,000 tonnes, up by over 250% YoY.
During the third quarter, the company sold nearly 10,000 tonnes of precursor products, up by 13% YoY and 69% QoQ, hitting an all-time high, and the quarterly sales of LMFP increased by more than 100% YoY, maintaining the largest market share.
Ronbay Technology sold approximately 15,000 tonnes of ternary materials to clients in Europe, America, Japan and South Korea during the third quarter, an increase of over 500% from the year-ago quarter, and the company's quarterly sales of high-nickel NCM (Ni≥90%) exceeded 20,000 tonnes, up by over 250% YoY.
During the third quarter, the company sold nearly 10,000 tonnes of precursor products, up by 13% YoY and 69% QoQ, hitting an all-time high, and the quarterly sales of LMFP increased by more than 100% YoY, maintaining the largest market share.
LNCMO 523 Delivered China
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China lithium nickel cobalt manganese oxide producers' inventory to production ratio statistics by province by month
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