Baowu Carbon to invest RMB4.1 billion to build 100ktpy cathode material project
2021-12-17 15:22:56 [Print]
On December 16, Baowu Carbon held the groundbreaking ceremony for its 100ktpy cathode material project at Lanzhou New District
With total investment of RMB4.1 billion (USD644 million), the project mainly consists of a 100,000tpy cathode material production line and a 100,000tpy graphitization production line, and is expected to generate annual operating revenue of RMB4 billion (USD628 million) along with tax revenue of about RMB200 million (USD31 . 40 million).
. The project will be the biggest cathode material production base in western China.
With total investment of RMB4.1 billion (USD644 million), the project mainly consists of a 100,000tpy cathode material production line and a 100,000tpy graphitization production line, and is expected to generate annual operating revenue of RMB4 billion (USD628 million) along with tax revenue of about RMB200 million (USD31 . 40 million).