GEM Enters MOU for European Battery Recycling Venture

MT Newswires Live09-18

GEM (SHE:002340) signed a memorandum of understanding with US-based recycler Ascend Elements to explore cooperation in Europe's power battery recycling market.

The partnership seeks to build a circular industry chain for power batteries, supporting Europe's new energy lifecycle value chain, according to a Thursday filing with the Shenzhen bourse.

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