Binzhou Nine Rings Iron Phosphate and LFP Project Progress: Phase I of 50,000 Tons Is Currently Under Construction

Binzhou Nine RIng New Energy Materials Co., Ltd. has completed all pre-construction procedures for the annual production of 50,000 tons of iron phosphate and LFP continuous production project. The on-site construction is currently at the stage of building workshop foundation base. The tank area of the first phase of the project has been completed, and the foundation of the tank area for the second phase is partially completed. The workshop has been grooved and inspected, and foundation construction is in progress. The finished product warehouse has completed piling and will start grooving after the festival. The steel structure part has completed material procurement. Binzhou Ning Ring New Energy Materials Co., Ltd. plans to integrate a 400,000-ton lithium iron phosphate project, with a groundbreaking ceremony scheduled for August 2023.