On February 4th, Fengyuan Co., Ltd. disclosed that, the company has built a total lithium iron phosphate (LFP) capacity of 225,000 tonnes, with an additional 75,000 tonnes currently under construction. The capacities are distributed across the company's three bases located in Zaozhuang, Yuxi, and Anqing. The company will also make real-time adjustments during the capacity construction process based on industry development trends and changes in downstream customer demand. Currently, the effective capacity utilization rate of the company's LFP products remains at a relatively high level.
Edited by Cassie Li, lixiangying@mysteel.com
