P&T's Sichuan Zichen Phase I 100,000 mt Anode Materials Capacity to Gradually Start Production by Year-End 2024

P&T: Sichuan Zichen Phase I 100,000 mt Integrated Anode Materials Capacity to Gradually Commence Production by Year-End

Recently, during a survey, P&T stated that the company's Sichuan Zichen Phase I 100,000 mt integrated anode materials capacity will gradually commence production by the end of 2024. The Phase I 100,000 mt capacity has completed the validation of processes and equipment, and the equipment debugging for each segment has been basically completed and fully connected. Subsequently, the installation and debugging of the entire capacity will be completed. Currently, some customers have gradually started factory inspections, and it is expected that the capacity will gradually contribute from Q1 2025. With the completion and commencement of production of the company's Sichuan Zichen Phase I 100,000 mt capacity, along with improvements in the company's process technology and cost reduction measures, the production cost of anode materials is expected to improve to some extent, and profitability is expected to gradually rebound.