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Jiangsu Lopal Tech (02465) plans to change the implementation subject of the 0.12 million tons Lithium Iron Phosphate Cathode Material project being invested in and constructed in India.
Jiangsu Lopal Tech (02465) announced that the company is investing in the construction of 0.12 million tons of lithium iron phosphate Cathode Material in Indonesia...
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Hong Kong stock movement | Jiangsu Lopal Tech (02465) rises over 10% after securing the largest lithium iron phosphate Order in the Global market this year, with a market value of nearly 10 billion.
Jiangsu Lopal Tech (02465) rose over 10%, as of the time of writing, up 10%, reported at 5.28 Hong Kong dollars, with a transaction amount of 52.04 million Hong Kong dollars.
A total of 0.26 million tons, worth billions! This year, the largest Global Order of lithium iron phosphate falls to Changzhou Lithium Source.
A hundred billion Order shocks the market. On the evening of December 24, Jiangsu Lopal Tech. announced: its holding subsidiary, Changzhou Lithium Source, and Asia Pacific Lithium Source have revised the "Long-term Supply Agreement" signed with South Korea's LG New Energy (LGES) in February this year. The most notable change after the revision is that the sales quantity of lithium source's lithium iron phosphate Cathode Material to LGES before 2028 has increased from 0.16 million tons to 0.26 million tons. Based on the current market prices, the total market value of this latest Order is close to 10 billion yuan, making it the largest Trade contract signed in the Global lithium iron phosphate market this year.
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