On June 23, Yongtai Technology announced that its subsidiary, Inner Mongolia Yongtai Chemical Co., Ltd., plans to invest Yuan 800 million in the construction of an annual 50,000-tonne VC (vinylene carbonate) and supporting facilities project. The construction period is set from August 1, 2026, to December 31, 2027, with funding to be sourced from self-raised capital.
This project is designed to strengthen the company's capacity expansion and industrial chain synergy in the lithium battery materials sector. Upon full completion of all project phases, the company's total VC production capacity will be increased to 80,000 tonnes per year.
