echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Chuaneng Power intends to acquire TusS Qingyuan

    Chuaneng Power intends to acquire TusS Qingyuan

    • Last Update: 2022-10-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On September 19, Chuaneng Power issued an announcement that in order to further expand the lithium battery industry chain, accelerate the entry into the field of lithium extraction in salt lake, and enhance the competitiveness of lithium battery business, it intends to acquire 40% of the equity


    For the acquisition plan, Chuaneng Power said that the TusS Qingyuan business is highly related to its main business, which will help the company cut into the lithium extraction business in Salt Lake, fill the gap in its current lithium extraction plate in Salt Lake, expand the company's lithium battery business scope, and enhance resource acquisition capabilities and competitive advantages


    TusS Qingyuan is the head enterprise of lithium extraction from membrane salt lake, and has invested 600 million yuan to build a production base


    It is worth noting that Chuaneng Power is mainly engaged in new energy power generation business, and has recently been increasing in the field of lithium battery industry chain such as lithium salt


    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.