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  • TA&A Ultra Clean and CATL to co-invest in 100,000tpy lithium carbonate production project

    2022-02-07 11:55:15   [Print]
    On January 28, 2022, TA&A Ultra Clean and CATL signed a co-investment agreement on lithium carbonate production project.Asian Metal CopyrightOn January 28, 2022, TAA Ultra Clean and CATL signed a co-investment agreement on lithium carbonate production project.Asian Metal Copyright According to the agreement, TA&A Ultra Clean will co-invest with CATL or its fully owned subsidiary in forming a joint venture based in Yichun city, Jiangxi province to take charge of building a 100,000tpy lithium carbonate production project.

    The two companies planned that within one year after the joint venture is formed, initial 50,000tpy lithium carbonate capacity will be constructed, and by the end of 2023 the remaining 50,000tpy capacity will be built.

    According to the agreement, CATL will be responsible for supplying lithium ore or concentrate to the joint venture, and CATL or its appointed party has the preemptive right to purchase 100% of lithium carbonate products to be produced by the joint venture.

    .Asian Metal Copyright Asian Metal Copyright
    Lithium Carbonate 99.5%min Delivered China
    Unit:RMB/mt
    Lithium Carbonate 99.5%min Delivered China RMB/mt
    China lithium carbonate 99%min producers' operating rate statistics by province by month
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