Ronbay Technology to build 100ktpa LMFP project in Xiantao
2023-09-07 11:33:03 [Print]
Ningbo Ronbay New Energy Technology Co., Ltd. and Beijing Ronbay Investment Holding Co., Ltd. recently entered into an agreement with Xiantao government to build production capacity of 100,000tpa of LMFP and 50,000tpa of sodium-ion battery cathode materials at Xiantao High-Tech Development Zone. With an estimated total investment of RMB3 billion (USD410 million), the project is expected to commence production in 2026. Upon completion of the project, Ronbay Technology will have a production base in Hubei with full market coverage of cathode materials.
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Unit:RMB/mt
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