Huayou Cobalt Co., Ltd (603799.SH) signed a "Ternary Precursor Supply Agreement" and a "Basic Procurement Contract for Ternary Cathode Materials" with its subsidiary.

Wisdom Finance APP News, Huayou Cobalt (603799.SH) announced that its subsidiary, Quzhou New Energy, has signed a "Ternary Precursor Supply Agreement" with LGES, agreeing to supply a total of approximately 76,000 tons of ternary precursor products to LGES and its designated purchasers from 2026 to 2030. At the same time, the company's subsidiaries, Chengdu Bamo and Bamo in Hungary, have signed a "Basic Purchase Contract" for ternary cathode materials with LGES and its subsidiary, LGES Poland Factory, agreeing that Bamo in Hungary will supply approximately 88,000 tons of battery ternary cathode materials to LGES and LGES Poland Factory from 2026 to 2030.