BTR to build 60ktpa anode material project in Morocco

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BTR New Material Group Co., Ltd., a subsidiary of China Baoan Group, plans to build a 60,000tpa lithium battery anode material project in Morocco through its wholly-owned subsidiary BTR Mediterranean Anode New Material Technology Co., Ltd. for a total investment of up to RMB2.618 billion (USD366 million). Construction of project is expected to take around two years.