Xingfa Group's LFP orders exceed 50% of capacity
2026-09-02 10:51:51 [Print]
Hubei Xingfa Chemicals Group Co., Ltd. recently reported that its new energy materials segment delivered strong growth in both volume and pricing during the first half of the year, generating total revenue of approximately RMB3.03 billion (USD450.73 million). This has made it the company's second largest business unit, and it is expected to become the largest within the year.
In August alone, orders for iron phosphate products approached 18,000 tonnes, maintaining a robust upward trend in both price and volume. Meanwhile, orders for lithium iron phosphate products have already surpassed 50% of current production capacity.
In August alone, orders for iron phosphate products approached 18,000 tonnes, maintaining a robust upward trend in both price and volume. Meanwhile, orders for lithium iron phosphate products have already surpassed 50% of current production capacity.
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: %
