China’s Huayou Cobalt to set up cathode manufacturing plant in Hungary
Huayou Cobalt’s planned facility in Hungary will have a capacity of around 100,000 metric tons per year
China’s Huayou Cobalt plans to invest €1.4 billion in building a battery-cathode manufacturing plant in Hungary’s small northern town of Ács, according to a news report published by Hungary Today on June 21.
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