Photo: Screenshot from website

 
Chinese battery producer Contemporary Amperex Technology Co (CATL) on Thursday evening dismissed a foreign media report claiming that the company is in talks with Russian company Nornickel to build a plant, together with several other companies, somewhere in China. 

The remarks were made in responding to question by jiemian.com, after Reuters reported on Thursday, citing three unnamed sources with knowledge of the matter, that Nornickel has approached several Chinese battery companies including CNGR Advanced Material and Brunp Recycling, a subsidiary of CATL, over plan to build a joint plant producing nickel material from Russian-semi-finished products. 

The metals giant is in the middle of trying to move significant amounts of production away from Russia to major consumer China, bidding to circumvent Western sanctions against Moscow over the Russia-Ukraine war, Reuters reported.

The plant would produce nickel sulphate, a form of nickel used to make batteries for electric vehicles, from Russian nickel matte, a semi-finished product, Reuters reported, citing another source.

CATL stated, in responding to Jiemian.com on this matter, that the corresponding reporting by Reuters was not true.

According to official information from CATL, the company has a global energy storage market share of 40 percent and has successfully implemented over 1,000 energy storage projects in more than 40 countries and regions. Its power battery system usage has ranked first in the world for seven consecutive years, and its energy storage battery shipments have ranked first in the world for three consecutive years.

According to official information from CATL, the company holds a 40 percent share of the global energy storage market and has successfully implemented over 1,000 energy storage projects in more than 40 countries and regions. Its power battery systems have ranked first globally in usage for seven consecutive years, and its energy storage battery shipments have ranked first globally for three consecutive years.