Xiamen Tungsten Co., Ltd. has disclosed a significant expansion plan for its subsidiary.

On August 7, the company responded to an investor inquiry on its interactive platform, stating that Bessco is currently proceeding with a project to expand its barium titanate production capacity by 2,400 tons.

Once the construction of this project is completed, Bessco will have a total annual production capacity of 4,360 tons of barium titanate.