According to the Yushui District Financial Media Center, the Yushui District People's Government, Jiangxi Province held a meeting with Zhejiang Hitrans Lithium Battery Technology Co., Ltd. (Zhejiang Hitrans) to discuss on the project concerning high-performance lithium battery cathode materials with an annual production of 50,000 tonnes, and a project framework agreement was signed at the meeting.
The total planned investment of this project is Yuan 5 billion, and the project area would be 400 mu. It is planned to be implemented in three phases. The first phase of the project has a total investment of Yuan 1.15 billion and an area of 150 mu.
Written by Alex Xie, xiehan@mysteel.com
Edited by Aggie Hu, huchenying@mysteel.com