Easpring Technology signs agreements on 200,000tpy ternary cathode material project and 300,000tpy L(M)FP project
2022-12-05 11:55:32 [Print]
Easpring Technology announced recently that it, together with Sichuan Shudao New Material Technology Group Co., Ltd., signed a 200,000tpy ternary cathode material production project with the government of Shehong, Suining, Sichuan on December 2nd and the total planned investment is RMB10 billion (USD1.44 billion). The company also signed an agreement together with Shudao New Material on a 300,000tpy L(M)FP project with the Management Commission of Panzhihua Vanadium-Titanium High-Tech Industrial Development District on the same day. Both of the two projects are expected to go into full operation before December 31st, 2028 with the planned investment of RMB7 billion (USD1 billion) in the initial phase.
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