Chinese battery manufacturer that is a substantial shareholder of CMOC and holds 25% of KFM Holding, the company above the Kisanfu mine, beside CMOC's 75%, according to CMOC's filing of 31 July 2026. The same filing sets out a framework under which the CMOC group sells it copper, cobalt and nickel products, first announced on 28 October 2024 and being renewed to 31 December 2028, and reports sales to the CATL group of US$800.27 million in 2024, US$359.21 million in 2025 and US$489.77 million in the five months to 31 May 2026, for all those products together. Every figure here is CMOC's disclosure.
Sources support the description and the individual connections below. Publication and checking dates belong to the evidence: when it was published, and when this Hub last read it.
Reported means the cited source describes the relationship at its evidence date. Historical relationships refer to an earlier period. Announced agreements may not have been implemented. None of these labels confirms that trade continues today.
A framework agreement under which the CMOC group sells the CATL group products including, but not limited to, copper, cobalt and nickel, in force since its announcement of 28 October 2024. CMOC's notice of 31 July 2026 revises its annual caps and renews it to 31 December 2028, conditional on the parties' approvals. CATL is a substantial shareholder of CMOC. Both sources carry CMOC's announcement.
KFM Holding is ultimately owned as to 75% and 25% by the Company and CATL
洛阳钼业公告称…公司拟修订与宁德时代集团及KFM集团的持续关联交易协议年度上限
re-sign commodity purchase and sales framework agreements with CATL Group and its connected subsidiary, Hong Kong KFM Holding Limited
CMOC Limited Group, CMOC and its subsidiaries, reports sales to the CATL group under their framework of US$800.27 million in 2024, US$359.21 million in 2025 and US$489.77 million in the five months to 31 May 2026. The amounts cover copper, cobalt and nickel products together, and no cobalt figure is derived from them; CMOC ties the shortfall against its caps to the lower market price of cobalt products. Single source, from the seller.
KFM Holding is ultimately owned as to 75% and 25% by the Company and CATL