Tandoo Technology: A subsidiary of the company signs a 5.144 billion euro green project financing arrangement in Finland.

On July 8th, Tandascend Technology announced that its subsidiary, Tandascend Finland, signed a green project financing arrangement with an international consortium in Finland, totaling 5.144 billion euros, to support the construction of its cathode materials production project in Kotka, southern Finland. The first phase of the project is planned to have an annual production capacity of 60,000 tons of cathode materials. The project is expected to supply battery manufacturing companies including LGES, AESC, SK On, and others.