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Sinochem New Network News On June 27, Yicheng Xinneng issued an announcement that it has recently signed the "Cooperation Framework Agreement on the Project of Lithium-ion Battery Anode Materials with an Annual Production of 30,000 tons" with the Xichuan County Government
.
The two parties reached a cooperation agreement on Yicheng Xinneng's investment in the construction of a 30,000-tonne lithium-ion battery anode material project in Xichuan County
According to the agreement, the annual output of 30,000 tons of lithium-ion battery anode material project will be 750 million yuan and the construction period will be 18 months
.
Yicheng Xinneng intends to initiate the establishment of a joint venture company as the main body of the implementation of the investment, construction and operation of 30,000 tons of lithium-ion battery anode materials project
Yicheng Xinneng said that the signing of this framework agreement aims to continue to promote the company's strategic transformation and industrial chain expansion by giving full play to the rich hydropower resources and electricity price advantages of Xichuan County, and to rapidly expand and strengthen the high-end anode material industry.