NewsFlash / Nickel / **2024 Q3 Financial Report: GEM's Ternary Precursor Shipments Surge to 143,000 Tonnes**
**2024 Q3 Financial Report: GEM's Ternary Precursor Shipments Surge to 143,000 Tonnes**
iconNov 8, 2024 23:05
Source:SMM
**[2024 Q3 Financial Report Reveals: GEM's Precursor Shipments Reach 143,000 Tonnes]** According to the financial report for the third quarter of 2024, GEM has continued to demonstrate robust growth momentum in the ternary precursor industry. The company's operating revenue reached RMB 7.5 billion, marking a year-on-year increase of 3.37%. More notably, its ternary precursor shipments for the first three quarters amounted to 143,000 tonnes, up 18.94% compared to the previous year. Among these, high-end products such as medium-nickel, high-voltage, high-nickel, and ultra-high-nickel accounted for over 90% of total shipments, indicating that GEM has achieved remarkable results in product structure optimization and technological upgrading.

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