11
Nov
12:05
Lopal, Stellar Investment to start cathode projects in Indonesia
Chinese chemicals company Lopal Technology announced it intends to establish a joint venture with Singapore’s Stellar Investment PTE to produce 100,000 tonnes/year of lithium iron phosphate cathode materials in Indonesia. The total investment of the project is estimated at $235 million, Kallanish reports.
Roughly 99% of Lopal’s main business income comes from lubricant, diesel exhaust treatment, engine coolant and vehicle maintenance products, accordi…
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