Rept's plant in Indonesia, which could start operations as early as next year, will take advantage of its parent company Tsingshan's raw materials and infrastructure.
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Rept Battero's Hong Kong-traded shares were included in the Mainland-Hong Kong stock connect mechanism, effective March 4.
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Rept's latest market capitalization of HK$42.4 billion overtook CALB as the highest lithium battery maker listed in Hong Kong.
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By the end of 2022, Rept had a production capacity of 35.2 GWh, and by 2025 it is expected to have a capacity of more than 150 GWh.
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