Youngy Group signs deal to build battery anode materials in Lanzhou
2024-07-30 14:00:47 [Print]
On July 29, Youngy Investment Holding Group Co., Ltd. entered into an agreement with the management committee of Lanzhou New Area to build a 100,000tpa lithium battery anode materials project for a total investment of RMB3 billion (USD413 million).
When put into operation, the project will become one of the top production bases for lithium battery anode material in China, with the annual production value expected to reach RMB2 billion (USD275 million), helping to establish an important national new energy industrial base in Lanzhou New Area.
When put into operation, the project will become one of the top production bases for lithium battery anode material in China, with the annual production value expected to reach RMB2 billion (USD275 million), helping to establish an important national new energy industrial base in Lanzhou New Area.
LNCMO 523 SC Delivered China
Unit:RMB/kg
China's ithium iron phosphate producers' inventory to production ratio statistics by province by month
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