Recently, the first phase of the RT-HI Tech Materials lithium battery cathode material project has been fully put into operation. The total investment of the project is about Yuan 7.1 billion, including 160,000 tons of LFP cathode material products, supporting 160,000 tons of self use iron phosphate, 160,000 tons of lithium battery recycling projects, as well as an annual production line of 40,000 tons of lithium manganese iron phosphate cathode material and 40,000 tons of manganese iron phosphate precursor.
The first phase includes the construction of 80,000 tons of LFP and 40,000 tons of iron phosphate production lines, as well as standard factory buildings for supporting facilities. The second phase includes a 120,000 ton LFP production line, an 80,000 ton iron phosphate production line, and a 160,000 ton battery recycling and reuse project, which is scheduled to officially start construction by the end of November.
Edited by Cassie Li, lixiangying@mysteel.com