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Xia Tungsten New Energy Lithium Battery Cathode Material Expansion

 Last Update: 2021-12-27
 Source: Internet
 Author: User

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Sinochem News Network News on December 14th, Xiamen Tungsten New Energy issued an announcement that in order to meet market demand, the company plans to invest in the construction of Haijing Base 9# workshop with an annual output of 30,000 tons of lithium-ion battery cathode materials, with an investment of 990 million yuan
.

After the completion of the industrialization project with an annual output of 40,000 tons of lithium-ion battery materials and the completion of this project, the Xiamen Tungsten Xinneng Haijing base will have a total annual output of 70,000 tons of lithium battery cathode materials

In addition, the company plans to establish a joint venture with Yahua Lithium Industry and Cangya Investment to establish Ya'an Xia Tungsten New Energy Materials Co.
, Ltd.
, to invest in the construction of a lithium iron phosphate production line with an annual output of 100,000 tons, with a total investment of 930 million yuan
.

Among them, the first phase is to build a 20,000-ton lithium iron phosphate production line

Xiamen Tungsten New Energy stated that the company’s cooperation with Yahua Lithium can provide the joint venture with abundant and price-competitive lithium resources and ensure the stability of the joint venture’s supply chain
.

Cangya investment partners have rich experience in R&D, production management and market development in lithium iron phosphate.

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