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$231M lithium battery copper foil contract has been signed in China

Wed, 12/14/2016 - 10:53 -- Paul Crompton
$231M lithium battery copper foil contract has been signed in China

Chinese nonferrous metals, chemical and equipment manufacturer Tongling Nonferrous Metals Group (TNMG) has signed a lithium battery copper foil project worth ¥1.59 billion ($231 million).

The project will be established in two phases, the first started this month and is due to come online in June 2018, with a capacity of 10,000 tonnes per year.

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