iconAug 14, 2024 10:33
Source:SMM
[China Baoan: SubsidiaryBTR Intends to Invest Up to RMB 2.618 Billion in Morocco to Build an Integrated Negative Material Project] China Baoan announced that its subsidiary BTR New Material Group Co., Ltd. ("BTR"), in order to implement the overseas strategic layout of lithium battery anode materials, intends to invest in and construct an integrated project with an annual production capacity of 60,000 tons of lithium battery anode materials in Morocco through its wholly-owned subsidiary BTR Mediterranean Anode New Material Technology Co., Ltd. The estimated total investment of the project is not expected to exceed RMB 2.618 billion.

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