Fangyuan Co., Ltd. invested 2 billion yuan to arrange lithium iron phosphate production and recovery project

ABSTRACT
On the evening of February 22, Fangyuan announced that the company planned to invest no more than 2 billion yuan in the construction of 300,000 tons of lithium iron phosphate battery recovery and 80,000 tons of lithium iron phosphate cathode material production projects.

Lay out the lithium battery recycling project According to the announcement, on February 22, Fangyuan held the 14th meeting of the third board of directors, deliberated and passed the "proposal on the proposed investment in iron phosphate lithium battery recycling and cathode material production project". According to the proposal, the