Home / Metal News / Ningbo Shanshan began construction of 45,000 mt/year lithium salt project in Hunan

Ningbo Shanshan began construction of 45,000 mt/year lithium salt project in Hunan

iconApr 29, 2020 15:18
Source:SMM
Phase-one project is designed with an annualised capacity of 15,000 mt of lithium hydroxide and 10,000 mt of lithium carbonate. Full operation of the second phase of the project is expected to bring about an output value of 3.3 billion yuan per year. 

SHANGHAI, Apr 29 (SMM) – The construction of a 45,000 mt/year lithium salt production project, invested by Ningbo Shanshan via a subsidiary Yongshan Lithium, commenced on April 29 at the Tongguan Industrial Park, Hunan province. 


With an investment of 2 billion yuan, the project is designed to assist Ningbo Shanshan to become an international lithium salt supplier with high-quality products and low costs.


Phase-one project is designed with an annualised capacity of 15,000 mt of lithium hydroxide and 10,000 mt of lithium carbonate. Full operation of the second phase of the project is expected to bring about an output value of 3.3 billion yuan per year. 

 

 

Market commentary
Lithium salt
Lithium hydroxide
Lithium carbonate
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news