Chuan Jin Nuo Chemical to invest RMB3.9 billion in constructing LFP and ferric phosphate projects
2021-12-22 11:47:42 [Print]
On December 21, Kunming Chuan Jin Nuo Chemical Co., Ltd. announced that it planned to invest RMB1.5 billion (USD0.24 billion) in constructing a 150,000tpy battery grade LFP and ferric phosphate project and a matching 600,000tpy sulfur-used acid project in Guangxi, and to invest RMB2.4 billion (USD0.38 billion) in constructing a 100,000tpy LFP cathode material project. Construction for the projects is expected to last for 12-48 months.
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