14
Jun
09:41
CNGR to raise funds for lithium-ion battery material projects
Shenzhen-listed CNGR Advanced Material plans to raise about CNY 6.68 billion ($991.70 million) for several lithium-ion battery material projects and supplementary working capital.
According to its announcement released on 11 June, CNY 1.995 billion of the total fund to be raised is for the supplementary working capital. The remaining CNY 4.685 billion will be used for lithium-ion battery projects, including materials for both technology routes (the tern…
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Very good overview of the weekly steel market.
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