During a recent institutional survey, XTC New Energy Materials stated that the company is one of the largest cobalt consumers globally and maintains long-term, close cooperation with upstream suppliers, ensuring a stable supply of cobalt raw materials. In the 3C consumer electronics sector, customers are more focused on the performance of lithium cobalt oxide, so the impact of rising cobalt raw material prices on the company's operations is relatively limited. The company also noted that the yield rate of its lithium iron phosphate is gradually improving, with strong order demand.
Edited by Cassie Li, lixiangying@mysteel.com
