Globalization Milestone Achieved! BTR Agreement with Moroccan Government

On March 29th, BTR and the Moroccan government signed an investment agreement in Rabat to establish a project company in Morocco for the construction of lithium battery cathode material project, meeting market demands and expanding market share overseas. Moroccan Prime Minister Aziz Akhennouch, Chinese Ambassador to Morocco Li Changlin, and Commercial Counselor Zheng Wei from the Chinese Embassy in Morocco attended the signing ceremony and met with Bertry Chairman He Xueqin. According to the agreement, Bertry's Mediterranean project will be located in the Tangier Technology Park City in Morocco, creating a cathode material manufacturing plant to produce key materials for lithium-ion batteries in phases, with construction scheduled to start in the second quarter of 2024.