Chengdu Bamo inks long-term ternary materials supply deal with EVE Energy

Chengdu Bamo Technology Co., Ltd., a subsidiary of Huayou Cobalt, has signed a product supply framework agreement with EVE Energy Co., Ltd. Under the deal, Chengdu Bamo's Hungary plant is expected to supply EVE Energy's Hungary plant with a total of about 127,800 tonnes of ultra-high-nickel ternary cathode materials between 2026 and 2035, including roughly 126,500 tonnes scheduled for 2027-2031 period. The final volumes will be subject to purchase orders subsequently placed by the two parties.