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Stock impact report

LONGi and Ferroglobe Announce Silicon Long-Term Agreement

Ferroglobe PLC - Ordinary Shares (GSM) 
Last ferroglobe plc - ordinary shares earnings: 3/2 05:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ferroglobe.com
Company Research Source: PR Newswire
XI'AN, China, March 5, 2024 /PRNewswire/ -- LONGi, the world's leading Solar technology company, and Ferroglobe PLC, a world leading producer of Silicon Metal and Ferroalloys, are pleased to announce that they have entered into a long-term supply agreement effective January 1, 2024.This agreement consolidates the partnership between the two companies and paves the way for even stronger collaboration in the future. Under the terms of the agreement, Ferroglobe will supply high-quality quartzite and metallurgical grade silicon (MGS) to LONGi to support its strategy to increase purchases from the leading Western suppliers of silicon materials.This strategic partnership reflects the two companies' shared commitment in their respective fields to operational excellence and traceability ranging from quartzite to solar panels.LONGi has manufacturing facilities and sales offices in more than 150 countries and regions worldwide. The company adheres to the concept of "Solar for Solar", and hopes Show less Read more
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