Youngy Group's lithium battery material project of RMB10 billion settled down in Hefei
2022-05-20 17:33:00 [Print]
Youngy Group signed a cooperation agreement with Anhui Chaohu Economic Development District on May 18th to settle its lithium battery material project down in Hefei. With a total investment of RMB10 billion (USD1.49 billion), the project will mainly use new energy vehicle power battery regeneration technology to develop, produce and sell lithium-ion battery cathode material precursors, cathode materials and carbon anode materials. After reaching the designed production capacity, the project can achieve an annual output value of nearly RMB 20 billion (USD2.99 billion).
Nickel Sulfate Ni 22%min; Co 0.4%max Delivered China
Unit:RMB/mt
China nickel sulfate producers' suspension number statistics by province by month
Unit: pcs
