China’s CNGR to acquire 25% stake in German battery recycling company revomet Bitterfeld GmbH
CNGR acquires the stake in revomet Bitterfeld to improve sustainable battery material recovery
Revomet GmbH, established in 2023 as a subsidiary of the Cronimet Group, and CNGR Advanced Material Co. Ltd. have formalized their joint venture, following a Heads of Agreement signed in December 2023.
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