Ruizhi New Materials Commences Construction of 60,000 mt Anode Project
The 60,000 mt per year lithium battery graphite anode material project of Gansu Ruizhi New Materials Co., Ltd. (hereinafter referred to as Ruizhi New Materials) officially broke ground in the Hongshagang Energy and Chemical Industry Concentration Zone, Minqin County, Wuwei City.
According to reports, the total investment of the project is approximately 1.42 billion yuan, covering an area of 97 mu. The project will be constructed in two phases. The first phase, with a capacity of 60,000 mt of lithium battery graphitised anode material, is expected to commence trial production in Q1 2026. Upon reaching full production, the annual output value will be nearly 600 million yuan, with an annual tax revenue of 36 million yuan.
Data shows that Ruizhi New Materials was established on July 22, 2024, and is primarily engaged in the manufacturing of chemical raw materials and chemical products. It is a subsidiary of Hunan Youre Technology Co., Ltd.
Youre Technology stated that Ruizhi New Materials' demonstration project is the first large-scale application case of the company's Y-ECO (Eco) graphitisation furnace globally.
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