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Scage Future's indirect wholly owned subsidiary, Guizhou Scage Tech Ltd., entered into a strategic cooperation agreement with China Huaye Group Co., Ltd. The non-binding framework agreement covers infrastructure construction, mining operations, renewable energy, and other areas, with a tentative term of one year.
“We are exploring an initial deployment of up to 1,000 electric heavy-duty trucks to support mining transportation operations, subject to project requirements and the availability of financing.”prnewswire.com
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