China''s XTC unveils plans for $1.6bn lithium battery materials project
It will also include a 10,000tpa nickel and cobalt smelter for battery recycling. Ternary materials used in the manufacturing of lithium-ion battery cathodes consist of nickel, cobalt and manganese. XTC New Energy, a unit of metals and rare earths producer Xiamen Tungsten, is yet to submit a feasibility study to its board.