LB Group to invest in 150ktpa electronic grade LFP project
2022-01-18 17:44:39 [Print]
LB Group announced on January 17 that its holding subsidiary Wanrun New Energy plans to build the 150ktpa electronic grade LFP project with total investment of RMB2 billion (USD315 million). In addition, Xiangyang Lomon Titanium Industry, a wholly-owned subsidiary of LB Group, plans to invest RMB1 billion (USD158 million) in building the 200ktpa titanium dioxide post-processing project. The company's holding subsidiary Yunnan Guotai Metal also announced its plan to build the 10ktpa titanium sponge production line upgrade project, with total investment estimated at RMB442 million (USD69.66 million).
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