The construction of the third phase of Lithium Iron Phosphate and Lithium Battery Recycling and Recycling of 40,000t / a was officially started [SMM News]

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SMM: today, the opening ceremony of the third phase of Hubei Rongtong Hi-Tech Advanced Materials Co., Ltd. was held in Rongtong Hi-Tech Industrial Park. The project is planned for the construction of 40,000 tons / year lithium iron phosphate, 50,000 tons / year lithium battery recycling, supporting the construction of 50,000 tons / year iron phosphate, 80,000 tons / year sewage treatment plant and so on.

It is reported that the total investment of the third phase of the project is 1.6 billion yuan, covering an area of 298 mu. Among them, the 40, 000-ton lithium iron phosphate workshop has a construction area of 24500 square meters, and the construction period of the plant is five months. it is expected to be put into trial production on June 30 next year and mass production will be realized on July 30.

The third phase of the project is another expansion project based on the completion of the first and second phases of lithium iron phosphate with an annual production capacity of 100000 tons. At that time, Hubei Rongtong Hi-Tech Base will reach 140000 tons / year production capacity, continue to maintain the scale advantage in the lithium iron phosphate market.

Under the background of the policy of carbon peak and carbon neutrality, the new energy lithium battery industry has ushered in a historic opportunity for development. While financing the third phase of the expansion of Tech's base in Hubei, it is about to start the construction of the second and third bases in the southwest. The total production capacity of lithium iron phosphate will reach 450000 tons in 2023.