On the morning of May 19, the commissioning and production celebration for Phase I of the annual 400,000-tonne lithium battery anode material integrated project of Jiangsu Liandu New Materials Co., Ltd., a subsidiary of Dushi Group, was held in the Lianyungang Lianyun Economic Development Zone, Lianyungang, Jiangsu Province.
According to reports, the project has a total investment of Yuan 2.6 billion and is planned to produce 400,000 tonnes of lithium battery anode materials annually. Phase I of the project represents an investment of Yuan 600 million. Upon reaching full capacity, the project is expected to achieve an annual output value of Yuan 2 billion and tax revenue of Yuan 110 million, while generating 440,000 tonnes of steam as a byproduct and creating over 200 jobs. Moreover, the project has achieved "project signing, approval, construction, commissioning, and tangible results all within the same year."
Edited by Cassie Li, lixiangying@mysteel.com
