150,000-Ton/Year LFP Project and Chemical Plant Initiated in Guangxi with ¥15.9B Investment

【150,000-Ton/Year LFP Project Launched in Guangxi】

On March 28, a listed company (stock code: 002539) announced the signing of an investment agreement with Guangxi’s Guigang City to build a green chemical and new energy materials project with total investment of ¥15.9 billion. Phase I (¥1 billion) will occupy 300 mu (≈20 hectares) and include a 900,000-ton compound fertilizer production line. Phase II (¥6 billion) will cover 1,200 mu (≈80 hectares) and involve annual production of 1 million tons of synthetic ammonia, 1.5 million tons of urea, 300,000 tons of ammonium nitrate, and 270,000 tons of nitric acid, supported by coal-fired steam boilers and storage facilities.