Recently, the Department of Ecology and Environment of Shanxi Province has approved the application of Yangfu New Materials, a subsidiary of DFD, to construct a project of 20,000 mt/year of high purity crystal lithium hexafluorophosphate (LiPF6) project after it submitted the environment impact assessment. The project is located in Yangquan High-tech Industrial Development Zone and will be constructed in two phases, with a capacity of 10,000 yuan/year for each phase.
DFD Yangfu New Materials Ltd. is the largest shareholder of DFD New materials, followed by EnchemCo., Ltd., a South Korean electrolyte company.
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