Home / Metal News /  / Camel Group to Raise Funds for Lithium-ion Battery Project
Camel Group to Raise Funds for Lithium-ion Battery Project
May 11,2016 16:43CST
company news
Source:SMM
Camel group is proposed to collect less than 900 million yuan through a public offering, based on its announcement.

SHANGHAI, May 11 (SMM) – Camel group is proposed to collect less than 900 million yuan through a public offering, based on its announcement.

Of the funds, 550 million yuan will be used to construct 700 million Wh/yr motive lithium-ion battery production line. Construction of the project will take one year and the project will run 73.33% capacity in the first year after entering into service and run full capacity in the second year.

The remaining funds will be used to construct 150,000-tpy scrap lead-acid battery treatment project. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Camel Group
lithium battery production
lithium battery capacity

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news