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GEM to purchase 60,000 tons of drive battery material from Glencore

On October 8, 2019, GEM Co., Ltd. and its subsidiaries have reached a long-term contract with Glencore International AG on the supply of cobalt hydroxide. Under the new deal, GEM and its subsidiaries, namely Jingmen GEM New Material Co., Ltd., Gem (Jiangsu) Cobalt Industry Co., Ltd., Kalics (HongKong) Co., Ltd., and ....

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