Construction kicks off for three lithium battery materials projects in Yulin
2024-04-12 11:42:58 [Print]
On April 7, a number of major projects kicked off construction at Longtan Industrial Park in Yulin, Guangxi, including the 50,000tpa iron phosphate recycling project, the 8,000tpa high-purity cobalt metal project and the 50,000tpa lithium battery electrolyte project, with a total investment of RMB136 million (USD18.79 million), RMB180 million (USD24.88 million) and RMB300 million (USD41.46 million) respectively.
On the same day, construction completed for a waste lithium battery recycling project with capacity of 30,000 tonnes per annum. With a total investment of RMB222 million (USD30.68 million), the battery recycling project is expected to achieve an annual industrial production value of RMB400 million (USD55.28 million).
On the same day, construction completed for a waste lithium battery recycling project with capacity of 30,000 tonnes per annum. With a total investment of RMB222 million (USD30.68 million), the battery recycling project is expected to achieve an annual industrial production value of RMB400 million (USD55.28 million).
Cobalt Metal 99.8%min Delivered China
Unit:RMB/kg
China cobalt metal producers' output statistics by province by month
Unit: mt
