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26 Jun
08:47

Huayou Cobalt to build high-nickel ternary cathode in Hungary

Shanghai-listed Huayou Cobalt plans to invest and build a high-nickel ternary cathode material project in Hungary for power batteries, Kallanish reports.  According to a company’s announcement, Huayou Cobalt’s holding subsidiary Bamo Technology Hungary Kft will be responsible for the construction and operations of this project.  After a preliminary assessment, the total investment of this project is expected to be EUR 1.28 billion ($1.39 bil…
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