Xiamen Tungsten Energy Signs Agreement to Purchase 80,000 Tons of Precursor from Powa Corporation

Xiamen Tungsten Energy: Purchase 80,000 Tons of Precursor from Powa Corporation

On December 18, Xiamen Tungsten Energy signed a strategic cooperation agreement with Powa Corporation. According to the agreement, the company is expected to purchase a minimum of 20,000 tons of precursor products from Powa Corporation in 2024, a minimum of 30,000 tons in 2025, and a minimum of 30,000 tons in 2026, totaling a minimum of 80,000 tons over the next three years, including a minimum of 10,000 tons of precursor products for sodium-ion battery positive electrode over three years.