Zhongwei Co., Ltd. and AlMada signed a cooperation agreement to jointly build a battery material production line

Zhongwei Co., Ltd. and AlMada, one of the largest private investment funds in Africa, signed a cooperation agreement in Casablanca, Morocco. According to the agreement, the two parties will jointly build production lines for nickel-based materials, phosphorus-based materials, recycled battery materials, etc. with high standards, and it is expected that they will be put into production in batches in the fourth quarter of 2024.