Brief: GEM's Unit To Sell 9% Stake In Joint Project With Tsingshan Group To Ecopro
28/03/2022 12:33
March 28 (Reuters) - Gem Co Ltd 002340.SZ :
* SAYS UNIT SIGNS COOPERATION AGREEMENT WITH SOUTH KOREA'S
ECOPRO
CO LTD 086520.KQ AFFILIATE ECOPRO GLOBAL CO LTD
* SAYS HONG KONG UNIT TO SELL 9% STAKE IN ITS NEW ENERGY
MATERIAL
FIRM TO ECOPRO GLOBAL AND WILL JOINTLY COOPERATE IN NICKEL
RESOURCE PROJECT IN INDONESIA
* SAYS IT WILL EXPAND SUPPLY OF HIGH NICKEL PRECURSOR
MATERIALS
(NCA&NCM) FOR BATTERIES TO ECOPRO BM TO 700,000 TONNES IN
2023-2026
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Further company coverage: 002340.SZ
(Reporting by Hong Kong newsroom)
((Ella.Cao@thomsonreuters.com;))
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