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On July 28, the Yantai Municipal Ecology and Environment Bureau formally approved the Environmental Impact Assessment for Wanhua Chemical (Penglai) Co., Ltd.'s 240,000-tonne-per-year iron phosphate project. The project, located on reserved land in Phase II of the Wanhua Penglai Industrial Park, involves a total investment of RMB 1.5 billion. It will build a 240,000 t/y iron phosphate production unit along with supporting auxiliary facilities and environmental protection systems. The batching section operates on an intermittent basis, with 2,000 batches per year (one batch every four hours), each producing 120 tonnes of iron phosphate. The project will help alleviate raw material supply pressures driven by Wanhua’s rapidly expanding lithium iron phosphate (LFP) capacity in Shandong—where the company is set to add 820,000 tonnes of LFP capacity in 2026 alone, making Yantai a key LFP production hub.

The Weifang Municipal Ecology and Environment Bureau has recently published the public notice of the Environmental Impact Assessment acceptance for the "50,000 t/a Lithium Battery Material Recycling Project" of Weifang Chuanghai New Materials Co., Ltd. The project is located in the Changyi Longchi Chemical Industry Park, Weifang, Shandong, within the existing site of Haineng Chemical. It covers an area of 50 mu (approx. 3.3 hectares), and will be built after demolishing the existing hardware warehouse. New facilities including a production workshop, a comprehensive warehouse, a control room, and an electrical distribution room, totaling 9,000 square metres, will be constructed. The process involves acid leaching, filtration and impurity removal, iron phosphate synthesis, lithium precipitation and purification, and evaporation crystallisation of battery black mass, enabling comprehensive resource utilisation of spent lithium iron phosphate battery black mass. Upon completion, the project is expected to produce 8,000 tonnes of lithium carbonate, 10,000 tonnes of anhydrous iron phosphate, and 32,000 tonnes of dihydrate iron phosphate annually. The total investment is estimated at RMB 1.011 billion, with environmental protection investment of RMB 1 million, accounting for 0.1% of the total. The construction period is 6 months.