Fulin Group signs agreement to build LFP project in Shehong
2025-04-23 14:11:47 [Print]
On April 15, a signing ceremony was held in Suining City for a cooperation project between the Shehong municipal government and Sichuan Fulin Industrial Group. The newly signed project involves the production of lithium battery cathode materials, with a planned total investment of approximately 5.6 billion yuan (767 million US dollars).
Previously, Fulin Group had already launched three consecutive investment projects in Suining. Among them, the first and second phases of its lithium iron phosphate (LFP) projects have been completed with a total investment of 1.86 billion yuan (255 million US dollars), achieving a production capacity of 110,000tpa. In 2024, these projects generated an output value of about 6.12 billion yuan (838 million yuan).
Previously, Fulin Group had already launched three consecutive investment projects in Suining. Among them, the first and second phases of its lithium iron phosphate (LFP) projects have been completed with a total investment of 1.86 billion yuan (255 million US dollars), achieving a production capacity of 110,000tpa. In 2024, these projects generated an output value of about 6.12 billion yuan (838 million yuan).
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: %
