On December 4th, LB Group Co.,Ltd. announced on the investor interaction platform that the company can produce 100,000 tons iron phosphateyearly. Among them, the production of LFP is 50,000 tons, the production of graphite anode materials is 25,000 tons, and the production of graphitization is 50,000 tons.
The specific construction progress of adding 100,000 tons of iron phosphate production will be determined based on market conditions. Iron phosphate products can basically achieve production and sales balance, but have not yet achieved profitability.
Edited by Cassie Li, lixiangying@mysteel.com