Recently, Huocheng County, Xinjiang and Shenzhen Yutuo New Energy Technology Group Co., Ltd. held a signing ceremony for the annual production of 100,000 tons of LFMP cathode material construction project.
It is reported that the project is located in Sandaohe Township, Huocheng County, Xinjiang Province. The total investment is Yuan 4 billion, and the construction area is about 150,000 square meters. After the project reaches production, the annual output value can reach about Yuan 15 billion, with an annual tax revenue of about Yuan 500 million, and it will provide jobs for about 500 people.
Edited by Cassie Li, lixiangying@mysteel.com
