Dcenti to invest RMB2 billion in used Li-ion battery recycling and high-Ni NCA/NCM Li-battery precursor project
2022-08-08 16:37:17 [Print]
On August 7, Dcenti announced that its fully owned subsidiary Guangong Dcenti New Materials Technology Co
. , Ltd . signed an letter of investment intent with government of Xinhui district, Jiangmen city, Guangdong province. Dcenti New Materials Technology plans to construct a 50,000tpy used Li-ion battery electrode powder recycling and reutilization and 50,000tpy high-Ni NCA/NCM Li-battery precursor project in the district . Total planned investment is RMB2 billion (USD0 . 30 billion), consisting of RMB800 million (USD118 million) for phase one and RMB1,200 million (USD178 million) for phase two.