On December 30th, LB Group announced that the company currently has a production capacity of LFP 50,000 tonnes, 100,000 tonnes iron phosphate, 25,000 tonnes graphite anode materials, and 50,000 tonnes graphitization per year. At present, the company has reduced its subsequent investments in iron phosphate and LFP, and will closely monitor the upstream and downstream market trend of EV battery materials, and adjust its production, operation, and strategic deployment timely.
Edited by Cassie Li, lixiangying@mysteel.com