Downstream company

Zhejiang Puhua New Energy Materials Co., Ltd.

Chinese battery-material company listed as Puhua Company in Huayou's 2023 accounts. A separately signed Huayou agreement envisaged about 15,000 tonnes of ternary precursors for Puhua in 2023–2025; no DRC origin is specified.

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.

Documented relationships

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.

  • Historical · Evidence as of 2023-01-04 · From 2023-01-01 · Until 2025-12-31

    Offtake agreement

    Huayou separately signed for about 15,000 tonnes of ternary precursors to Zhejiang Puhua in 2023–2025. Huayou's report identifies Puhua's full legal name and a trade report states the volume. Execution and DRC origin are not established.

    3 sources
    1. Huayou on Media: Three-year ternary precursor sales agreement

      Huayou Cobalt · Published 2023-01-07 · Checked 2026-09-24

      about 160,000 tons of ternary precursors ... to POSCO from January 2023 to December 2025

      Opening paragraph, second named buyer and 15,000 tonne tranche.

    2. Huayou Cobalt 2023 Semi-Annual Report

      Huayou Cobalt · Published 2023-08-28 · Checked 2026-09-24

      supply a total of approximately 160,000 tons of ternary precursor products ... to POSCO Chemical

      Puhua Company full legal name in associates table, p. 154; contract overview.

    3. Huayou Cobalt secures 175,000 mt of ternary precursor orders

      Shanghai Metals Market · Published 2023-01-05 · Checked 2026-09-24

      supply 15,000 mt of ternary precursors to Zhejiang Puhua ... from January 2023 to December 2025

      Opening agreement paragraph.