Miracle Automation accelerates building of LFP battery recycling & treatment project (phase one)
2023-02-02 16:43:19 [Print]
Miracle Automation announced on February 1st through its platform for investors that it's accelerating the building of the LFP battery recycling & treatment project (phase one), which is debugging equipment now. The phase one project, which has an annual treatment capacity of 50,000t of wasted LFP batteries as planned, is expected to go into operation in the first quarter of 2023 in advance. The construction of the phase two project, which is designed to handle 100,000t of wasted LFP batteries annually, hasn't been launched yet.
Lithium Iron Phosphate Li 3.9%min Delivered China
Unit:RMB/mt
China lithium cobaltate producers' inventory to production ratio statistics by province by month
Unit: %
