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Hanrui Cobalt gets CSRC approval for CNY 1.9 billion funds raised through private placement to increase production of new cobalt materials and ternary precursors

Nanjing Hanrui Cobalt Co., Ltd. (Hanrui Cobalt) announced that its application for private placement fundraising has been approved by the China Securities Regulatory Commission (CSRC). The funds raised will total about CNY 1.9 billion, which will be used for a construction of a plant with annual capacity of 10,000 to....

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