21
Jun
08:09
Ronbay Technology to raise funds for battery material projects
Shanghai-listed Ningbo Ronbay New Energy Technology (Ronbay Technology) plans to raise no more than CNY 6.068 billion ($906.24 billion) for three lithium battery cathode material expansion projects, one lithium power battery material base project, one engineering equipment project and a supplementary working capital item.
According to its announcement released on 21 June, before the end of 2022, it plans to build cathode production capacity of 250,000 t…
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