Changyuan Lico to invest RMB10 billion in cathode material production base project

On May 17, Changyuan Lico announced that the company planned to invest RMB10 billion (USD1.Asian Metal Copyright43 billion in building a high-performance Li-battery material comprehensive production base project in Fuqing, Fujian which will focus on production of NCM cathode materials NCM precursor production lines will be built as well and LFP cathode materials.Asian Metal Copyright43 billion) in building a high-performance Li-battery material comprehensive production base project in Fuqing, Fujian which will focus on production of NCM cathode materials (NCM precursor production lines will be built as well) and LFP cathode materials.Asian Metal CopyrightOn May 17, Changyuan Lico announced that the company planned to invest RMB10 billion USD1.Asian Metal Copyright This is the first major production base the company plans to build outside Hunan province.

.Asian Metal Copyright This is the first major production base the company plans to build outside Hunan provinceAsian Metal Copyright