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14 Feb
07:59

Fangyuan raises funds for ternary precursors, lithium hydroxide

Shanghai-listed high-tech company Guangdong Fangyuan Environment plans to issue convertible corporate bonds to raise funds of not more than CNY 660 million ($103.77m) for a 50,000-tonne-per-year high-grade ternary precursor project and a 10,000 tonnes/year battery-grade lithium hydroxide project.  The total investment of the above-mentioned two project is about CNY 1.05 billion, and the sum is to be raised in two rounds. Guangdong Fangyuan Environment wi…
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