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On September 19, Yuntianhua issued an announcement that in order to improve the utilization level of low-grade phosphate ore and ensure the supply of high-quality phosphate ore resources in the company's fine phosphorus chemical and iron phosphate industries, the company will build a battery new material precursor supporting 4.
To this end, Yuntianhua invested in the establishment of a wholly-owned subsidiary Yuntian Mineral in Anning City, Yunnan Province, and built the project with Yuntian Mineral as the main investment body, with an estimated total investment of 1.
Yuntianhua said that after the completion of the project, the raw ore processing capacity will reach 4.