Shidai Ruixiang begins production at 20ktpa LMFP project
2025-04-23 14:11:59 [Print]
On April 18, Baiyin Shidai Ruixiang New Materials Technology Co., Ltd. commenced production at its manganese iron lithium phosphate (LMFP) cathode material project, with an annual production capacity of 20,000 tonnes, in the Baiyin High-tech Industrial Development Zone of Gansu Province.
With a total investment of 485 million yuan (66.44 million US dollars), the project put into operation this time is the first phase of a 100,000tpa LMFP project, which is scheduled to be built in three phases. When fully operational, it will become the world's largest single-site LMFP production line.
With a total investment of 485 million yuan (66.44 million US dollars), the project put into operation this time is the first phase of a 100,000tpa LMFP project, which is scheduled to be built in three phases. When fully operational, it will become the world's largest single-site LMFP production line.
Lithium Iron Phosphate Li 3.9%min Delivered China
Unit:RMB/mt
China's ithium iron phosphate producers' inventory to production ratio statistics by province by month
Unit: %
