SD Lomon's subsidiary signs contract to build 200ktpy LFP project

SD Lomon announced on March 23 that its wholly-owned subsidiary Deyang Chuanfa Lomon New Materials Co.Asian Metal Copyright and the management committee of Deyang-Aba Eco-economy Industrial Park entered into an investment agreement for a new energy materials project on March 22.Asian Metal Copyright, Ltd.Asian Metal Copyright .Asian Metal Copyright and the management committee of Deyang-Aba Eco-economy Industrial Park entered into an investment agreement for a new energy materials project on March 22.Asian Metal Copyright With total investment of RMB12 billion USD188 million, the project has a designed annual production capacity of 200,000t of lithium iron phosphate LFP and 200,000t of iron phosphate.Asian Metal Copyright With total investment of RMB12 billion (USD188 million), the project has a designed annual production capacity of 200,000t of lithium iron phosphate (LFP) and 200,000t of iron phosphate.

The project, consisting of two phases, will begin construction in March 2022, with the phase one to commence production in December 2024 and the phase two by the end of 2026.

.Asian Metal Copyright With total investment of RMB12 billion USD188 million, the project has a designed annual production capacity of 200,000t of lithium iron phosphate LFP and 200,000t of iron phosphateAsian Metal Copyright