The total investment is 3 billion! Tianneng Lithium electricity recovery and Regeneration Project settled in Yancheng, Jiangsu Province

According to news from Tianneng Holdings Group, recently, a meeting on investment cooperation between Tianneng Holdings Group and the people's Government of Binhai County was held in Changxing, and the two sides jointly signed the "Investment Agreement on the Annual disposal of 100000 tons of waste Lithium Ion batteries for Recycling and Recycling of High value Lithium Ion batteries."

It is reported that the project has a total investment of 3 billion yuan and covers an area of 450mu, which is divided into two phases, of which the first phase of the project plans to invest 1.9 billion yuan with an annual processing capacity of 60, 000 tons, and the second phase of the project plans to invest 1.1 billion yuan with an annual processing capacity of 40, 000 tons.

Public data show that Binhai County is a county under the jurisdiction of Yancheng City, Jiangsu Province, with convenient transportation, rich resources, and harmony between the government and the people. at present, it has been connected to the national "eight vertical and eight horizontal railway network" and has a national first-class open port coastal port. the Binhai Coastal Industrial Park has been approved as a provincial chemical base and a national chemical industry intelligent and green development benchmarking park.

In recent years, Tianneng holding Group has continuously strengthened the full-chain development strategy of the industrial chain, focusing on the strategic layout in the areas of lithium battery production, recycling, regeneration and so on. With the landing of Jiangsu Binhai lithium power recycling and other high-end projects, it will promote the upgrading of the local upstream and downstream industrial chain and high socio-economic quality.