Yetop Energy to invest in Beihai Tieshan Port energy-storing battery material manufacturing project
2020-05-18 18:06:14 [Print]
Recently, officials from Guangxi Investment Promotion Agency and representatives from Hong Kong Yetop Energy visited Beihai city, where they held meetings with local government officials on the Beihai Tieshan Port energy-storing battery material manufacturing project to be invested by Yetop Energy.
With a total investment of RMB16 billion (USD2.25 billion), the project is expected to have a 500,000tpa nickel fine processing capacity, 50,000tpa cobalt fine processing capacity and 5,000tpa scandium processing capacity as well as over 500,000tpa production capacity of power battery NCM precursor and ternary cathode materials; and it is expected to realize an annual production value of RMB100 billion (USD14.06 billion) and taxation of RMB22 billion (USD3.09 billion).
With a total investment of RMB16 billion (USD2.25 billion), the project is expected to have a 500,000tpa nickel fine processing capacity, 50,000tpa cobalt fine processing capacity and 5,000tpa scandium processing capacity as well as over 500,000tpa production capacity of power battery NCM precursor and ternary cathode materials; and it is expected to realize an annual production value of RMB100 billion (USD14.06 billion) and taxation of RMB22 billion (USD3.09 billion).
Nickel Ore Philippine 0.8%min CIF China
Unit:USD/mt
China refined nickel producers' sales to production ratio statistics by province by month
Unit: %
