Posco Chemical signs LoI with Nations Technologies for anode material

By Sybil Pan
Published: Wednesday, 02 June 2021

Nations Technologies signed a Letter of Intent (LoI) with South Korea-headquartered Posco Chemical this week to cooperate in the development of anode material used in lithium-ion batteries.

Under the LoI, Nations Technologies, a China-based information security company, will transfer part of its equity in Shenzhen Sinuo Industrial Development (Sinuo) to Posco Chemical or establish a joint venture...

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