Tianqi Lithium Industries to acquire 3% stake in Xiamen Tungsten New Energy Materials at CNY 49.92 million

Tianqi Lithium Industries Inc. announced a plan to obtain a 3% stake in Xiamen Tungsten New Energy Materials Co., Ltd. at the cost of CNY 49.92 million. Xiamen Tungsten New Energy Materials is one of the major suppliers of positive electrode materials for lithium-ion batteries in China, and its registered capital is ....

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