[SMM New Energy] Lopal plans to change the capacity of the third-phase LFP project from 62,500 mt/year to 100,000 mt/year.

Published: Dec 30, 2025 11:02

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Lopal disclosed an announcement regarding changes to the construction content of some raised capital investment projects. The "Large-Scale Production Project for Cathode Materials for NEV and ESS Batteries" originally planned to build production lines with an annual capacity of 150,000 mt of LFP cathode material, to be constructed in three phases. Currently, the first-phase project (capacity of 25,000 mt/year) and the second-phase project (capacity of 62,500 mt/year) have been completed. After prudent study, the company plans to change the capacity scale of the third-phase project from the originally planned 62,500 mt/year to 100,000 mt/year. Lopal's controlled subsidiary, Sichuan Liyuan, originally planned to build an annual capacity of 150,000 mt of LFP cathode material in Suining, Sichuan, with intended use of raised capital amounting to 1.29 billion yuan. As of November 30, 2025, the project had used raised capital of 733.3407 million yuan. The project's expected operational date was extended from the original May 2025 to May 2026.

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