Chinese lithium-ion battery cathode materials producer Beijing Easpring Material Technology has entered into an agreement to set up a plant for cathode active materials (CAM) with Finnish mining and battery projects investor Finnish Minerals Group.
Under the agreement, a joint venture will be set up to construct and operate the CAM plant, with the Beijing Easpring controlling a 70% share while its Finnish partner, via its subsidiary Finnish Battery Chemicals Oy, holds the remaining...