Yonfer's subsidiary to invest RMB3 billion in iron phosphate and lithium iron phosphate projects
2022-01-05 16:02:30 [Print]
Xinyangfeng Agricultural Technology Co. Ltd. (Yonfer) announced on January 4 that its wholly-owned subsidiary Yonfer New Energy Technology Co., Ltd. plans to enter into an investment agreement with the government of Yidu city on the construction of 100,000tpy iron phosphate and 50,000tpy lithium iron phosphate production lines and an associated 100,000tpy refined phosphate production line. The total investment for the projects is estimated at RMB3 billion (USD471 million), including fixed asset investment of about RMB2.5 billion (USD392 million).
Lithium Iron Phosphate Li 3.9%min Delivered China
Unit:RMB/mt
China lithium carbonate 99.5%mi producers' sales volume statistics by province by month
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