Recently, the signing ceremony for the Mianchi County New Energy Vehicle Waste Power Lithium Battery Recycling and Comprehensive Utilization Project in Sanmenxia City, Henan Province, was successfully held. The project will be constructed by Shenzhen Zhouhui New Energy Technology Group Co., Ltd.
It is reported that the project involves a total investment of Yuan 160 million. Upon operation, the project is expected to achieve an annual output value of approximately Yuan 400 million and generate annual tax revenue of around Yuan 12 million.
Edited by Cassie Li, lixiangying@mysteel.com