RE:RE:News out: Boost due to a Chinese Delegation visit on Nov 9?Danno13 wrote: Just a visit and the stock shot up like a rocket.Once they sign up a significant partner it will lift the stock even higher.Only 65 million shares outstanding.
I guess below is the company who visit Nano One
Shandong Ruifu Lithium Industry Co., Ltd. is a new energy high-tech enterprise that specializes in the extraction and preparation of lithium battery cathode raw materials -
battery grade lithium carbonate . It is also the first manufacturer in the world to have lithium pyrithione and lithium mica lithium extraction technology. Founded in November 2010, the registered capital of 70 million yuan, is currently the vice president of China lithium Industry Association, the company's main battery grade lithium carbonate and
industrial-grade lithium carbonate , cogeneration
anhydrous sodium sulfate ,
alumina powder series product.
The company plans to invest 500 million yuan within three years, adding an annual output of 10,000 tons of battery-grade lithium carbonate production line, the new annual output of 10,000 tons of battery-grade lithium hydroxide production line, after the completion of sales revenue of 1000000000 yuan, profits and taxes 200000000 yuan.
In five years, the company plans to continue to extend the industrial development of lithium metal, butyllithium and lithium-aluminum alloy to the downstream. The company plans to invest 1 billion yuan to build a 10,000-ton lithium chloride production line, a 2000-ton lithium metal production line and a complete set of butyl lithium, lithium Aluminum, etc., after reaching production sales revenue 2 billion yuan, profits and taxes 300 million yuan. After the project is completed, the company will rank among the largest lithium salt producers in the world.