[Phosphorus Chemical Industry: Tinci Materials Planned to Invest 2.1 Billion yuan to Build the Yichang New Energy Industrial Park, with 1 million mt of Iron Source and 300,000 mt of Iron Phosphate]
[Phosphorus Chemical Industry: Tinci Materials Plans to Invest 2.1 Billion Yuan to Build the Yichang New Energy Industrial Park, With 1 Million mt of Iron Source and 300,000 mt of Iron Phosphate] On March 9, 2026, Tinci Materials (002709) announced that, to strengthen its strategic layout in lithium-ion battery materials, the company plans to build a new energy materials industrial park in Yichang, Hubei, through its wholly owned subsidiary Tinci Materials (Hubei) Co., Ltd. The project is expected to have an annual capacity of 1 million mt of iron source and 300,000 mt of iron phosphate, with total investment expected not to exceed 2.1 billion yuan.