Ferroglobe and LONGi Announce Long-term Silicon Supply Agreement
LONDON, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company,” or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based ferroalloys, and LONGi, the world’s leading solar technology company, are pleased to announce that they have entered into a long-term supply agreement effective January 1, 2024.
- LONDON, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company,” or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based ferroalloys, and LONGi, the world’s leading solar technology company, are pleased to announce that they have entered into a long-term supply agreement effective January 1, 2024.
- This agreement reinforces the partnership between the two companies and paves the way for even closer collaboration in the future.
- Under the terms of the three-year agreement, Ferroglobe will supply high-quality quartz and silicon 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 quartz to solar panels.