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Mon, Jun 5, 2023
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CATL takes over Sichuan mining company to hold more lithium resources

Peng Chen, DIGITIMES Asia, Taipei 0

Credit: AFP

World-leading battery maker CATL recently took over Sinuowei Mining, a China-based lithium mining company under restructuring. The buyout is expected to help CATL gain influence in battery raw material production and price.

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