EVE Energy announces JV to develop 90,000tpy lithium carbonate project
2022-07-22 16:27:46 [Print]
EVE Energy on July 21 announced an investment agreement with Zijin Lithium and Ruifu Lithium to build their joint venture in Hunan, China
. The proposed joint venture will build a 90,000tpy lithium salt project with total investment estimated at RMB3 billion (USD443 million) . About RMB900 million (USD133 million) will be invest in the phase one of the project with a production capacity of 30,000tpy of lithium carbonate . This includes registered capital of RMB300 million (USD44 . 31 million) . EVE Energy will invest RMB78 million (USD11 . 52 million) to hold a 26% stake in the joint venture.