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On October 13, Yibin Tianyuan Group Co.
, Ltd.
's 100,000 tons/year lithium iron phosphate material project held a groundbreaking ceremony
in Yibin, Sichuan.
The project is one of the core projects of the company's lithium battery "50 billion project", the project plans to invest 2.
4 billion yuan, is expected to be completed and put into operation in March next year, the construction of 100,000 tons / year lithium iron phosphate industry project group will be fully completed in the third quarter of next year, and 1.
2 billion yuan will be invested simultaneously in Jiang'an to support the construction of 100,000 tons / year iron phosphate precursors
.
According to reports, the project will give full play to the advantages of the company's own phosphate ore resources, iron resources and phosphorus chemical production, form an integrated industrial chain model from phosphate ore, yellow phosphorus to electronic grade phosphoric acid, iron phosphate and lithium iron phosphate, and make up for the supply of lithium iron phosphate cathode materials in Yibin City
.