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18 Apr

Tinci Material to boost investment in Yichang iron phosphate project

Shenzhen-listed battery material company Tinci Material plans to pump a CNY 200 million ($216m) investment in its wholly owned subsidiary Yichang Tinci Material to help progress its iron phosphate project, Kallanish learns.  Tinci Material said the capital increase will further enhance the capital strength of Yichang Tinci Material. Ultimately, it will enable to ramp-up construction of the iron phosphate project in Yichang, and improve the company’s mar…
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