Deyang Chuanfa to invest in LFP raw material project
2025-10-24 11:32:44 [Print]
SD Lomon announced plans to invest RMB366 million (USD51.37 million), through its wholly-owned subsidiary Deyang Chuanfa Lomon New Material Co., Ltd., to build a 100,000-tonne-per-annum lithium dihydrogen phosphate project in the Deyang-Aba Eco-Economic Industrial Park in Mianzhu, Sichuan. The project will expand the company's new energy materials business and enhance integration between its phosphate and new energy operations.
Lithium dihydrogen phosphate is a key material for producing high-density lithium iron phosphate (LFP) used in batteries. With growing demand for high-performance LFP, the market outlook for lithium dihydrogen phosphate remains strong.
Lithium dihydrogen phosphate is a key material for producing high-density lithium iron phosphate (LFP) used in batteries. With growing demand for high-performance LFP, the market outlook for lithium dihydrogen phosphate remains strong.

