Huayou Cobalt and POSCO CHEMICAL to expand joint ventures for lithium battery materials

Huayou Cobalt's subsidiary Huayou New Energy and POSCO CHEMICAL will increase capital in two joint ventures, Huayou Puxiang and Puhua Company, to expand production of new energy lithium battery materials. Huayou Puxiang's registered capital will increase from 336 million yuan to 1.781 billion yuan, and Puhua Company's from 310 million yuan to 1.948 billion yuan.

“本次与POSCO CHEMICAL对合资公司增资扩产，将进一步整合公司以及POSCO、POSCO CHEMICAL 在原料、技术与市场渠道等方面的优势”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com华友钴业(603799.SH)拟携POSCO CHEMICAL对合资公司增资扩建新能源锂电材料项目Jan 19, 2022

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