A total of 1.33 million tons of lithium battery materials project started
A total of 1.33 million tons of lithium battery materials project started
The total investment is 130 billion! On July 23, the 700,000-ton lithium battery new energy material integrated industrial base project (Phase I) held a groundbreaking ceremony in Baiping Industrial Park, Bobai County, Yulin City. This is the largest investment project introduced by Yulin City so far. It is understood that the 700,000 tons of lithium battery and new energy materials integrated industrial base project in Yulin City is a construction project of an integrated industrial chain from refining, chemical industry to materials with the core of new energy vehicle power battery NCM cathode materials. The total investment of the project is about 130 billion yuan, and the planned annual output is 700,000 tons of NCM cathode materials, 500,000 tons of lithium iron phosphate, 100,000 tons of copper foil, and 30,000 tons of lithium cobalt oxide.
After the completion of the third phase of the entire project, the annual operating income will be 200 billion yuan, profits and taxes will be 28 billion yuan, and about 25,000 new people will be employed.
battery materials are directly supplied to battery companies. At the moment when lithium battery companies are ramping up production, the start of the 700,000 tons of lithium battery new energy materials integrated industrial base project (Phase 1) is just right.
For example, the lithium battery companies that are about to IPO include Xingheng Power, Tianneng Power, Paineng Technology, Mustang Battery, Boliwei, Zijian Electronics, and Bright New Energy. These companies that plan to go public are preparing to expand their production.
Reported by Zoe Zhang AOT BATTERY COMPANY 2020-07-28
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