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GEM and Yiwei Lithium Energy Sign Nickel Supply Memorandum

 Last Update: 2021-08-13
 Source: Internet
 Author: User

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Sinochem News Network News on August 9th, GEM issued an announcement that the company and Huizhou Yiwei Lithium Energy Co.
, Ltd.
signed the "Memorandum of Cooperation on Directional Recycling of 10,000 Tons of Recycled Nickel Products" on the same day
.

The announcement disclosed that since 2024, GEM has promised to supply Yiwei Lithium with more than 10,000 tons of recycled nickel products per year, including nickel sulfate, ternary precursors and ternary materials, to build a "power battery recycling-battery" The full life cycle value chain of power batteries and the global green supply chain of nickel products are based on "reengineering of raw materials-battery material reengineering-power battery reengineering"
.

The cooperation period will last 10 years from the beginning of the product supply, and the number can be increased and the cooperation period can be extended as needed

Yiwei Lithium Energy stated that through the cooperation between the two parties in resources, recycling, technology and the market chain, the directional recycling of nickel resources will be realized and the low-carbon emission of power batteries will be promoted

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