Chinese battery materials producer GEM inks supply memorandum with EcoPro BM

China-based battery materials producer GEM has signed a supply memorandum with South Korea’s EcoPro BM, a subsidiary of cathode materials producer EcoPro, the former said on Thursday April 15.

Under the memorandum, Shenzhen-listed GEM will supply EcoPro BM with no less than 176,000 tonnes of nickel-rich nickel-cobalt-aluminium (NCA) and nickel-cobalt-manganese (NCM) battery precursor materials over 2021-2023.

Specifically, GEM will supply EcoPro BM with no less than 30,000 tonnes of precursor materials in 2021,...

Published

Susan Zou

April 16, 2021

04:44 GMT

Shanghai