Shenzhen Sinopower to build 150ktpa cathode and precursor project in Xianju
2023-11-01 14:21:44 [Print]
On October 25, Shenzhen Sinopower Technology Co
. , Ltd . entered into an agreement with Xianju government to build the 150,000tpa new energy battery cathode material, 20,000tpa precursor and 10,000tpa hard carbon anode project at the new energy power industry park in Xianju . With a total investment of RMB5 . 1 billion (USD697 million), the project is expected to generate annual production value of RMB13 . 5 billion (USD1 . 84 billion) and tax revenue of RMB600 million (USD81 . 98 million).