CONNECT WITH US

Fino raises capital again to dilute Chinese ownership, meet US PFE rules

, Taipei
0

Credit: AFP

Fino, a South Korean company backed by Chinese precursor producer CNGR Advanced Material, will raise about KRW183 billion (approximately US$130 million) through a cash capital increase to fund its lithium iron phosphate (LFP) cathode materials business...

The article requires paid subscription. Subscribe Now