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  • 300ktpa LFP project to break ground in Tianjin

    2023-08-31 14:25:41   [Print]
    Hebei Hengwang Investment Group has inked an investment agreement with the management committee of Tianjin Economic-Technological Development Area (TEDA) to build a headquarters for its new energy business and a production base with annual capacity of 300,000t of lithium iron phosphate (LFP), with a total investment of RMB9 billion (USD1.Asian Metal Copyright23 billion.Asian Metal Copyright23 billion).

    Looking ahead, the company also plans to build its group headquarters and a battery cathode material production base in Tianjin, and the proposed project is expected to become the largest new energy industrial base in North China.

    .Asian Metal Copyright23 billionAsian Metal Copyright
    Lithium Iron Phosphate Li 3.9%min Delivered China
    Unit:RMB/mt
    Lithium Iron Phosphate Li 3.9%min Delivered China RMB/mt
    China's ithium iron phosphate producers' inventory to production ratio statistics by province by month
    Unit: %
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