China Launched A Joint Venture Project of 50,000 mt of Lithium Hydroxide and 10,000 mt of Lithium Carbonate in Indonesia

Published: Oct 8, 2021 15:32

Save

In the early morning of October 5, Chengxin Lithium sent its first batch of overseas project team in 2021 to the Indonesia Morowali Industrial Park (IMIP).

SHANGHAI, Oct 8 (SMM) – In the early morning of October 5, Chengxin Lithium sent its first batch of overseas project team in 2021 to the Indonesia Morowali Industrial Park (IMIP).

This marks the official launch of the company's project of 50,000 mt of lithium hydroxide and 10,000 mt of lithium carbonate in Indonesia.

After the project team arrives at the IMIP, it will conduct in-depth communication with the partner STELLAR in terms of process plan, market, capital, scale, technology, environment, and plant construction resources to promote project construction as soon as possible.

Chengxin Lithium and STELLAR will give full play to their respective advantages and resources to build the joint venture project with an annual output of 50,000 mt of lithium hydroxide and 10,000 mt of lithium carbonate into the world's advanced power battery raw material manufacturing base.

lithium carbonate lithium hydroxide

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

8 hours ago

Volkswagen to Launch Affordable High-Tech EVs in 2026, Aiming for Major Chinese Market Expansion

Volkswagen Group CEO said that in 2026, Volkswagen would launch affordable electric mobility products equipped with high-end technology. In the Chinese market, Volkswagen would kick off the largest product launch campaign in the company’s history. It would also set key milestone targets for the battery, software, and autonomous driving sectors.

8 hours ago

9 hours ago

Fulin Precision Expands LFP Cathode Material Capacity to Meet High Demand

Fulin Precision Machining stated on the interactive platform that its subsidiary Jiangxi Shenghua currently has a capacity of 300,000 mt of high-compaction density LFP cathode material and is advancing the construction of an additional 350,000 mt of high-compaction density LFP cathode material, as well as an annual capacity of 500,000 mt of high-end LFP for energy storage. At present, the Company’s capacity is fully utilized and fully sold.

9 hours ago

11 hours ago

[Phosphorus Chemical Industry: Tinci Materials Planned to Invest 2.1 Billion yuan to Build the Yichang New Energy Industrial Park, with 1 million mt of Iron Source and 300,000 mt of Iron Phosphate]

[Phosphorus Chemical Industry: Tinci Materials Plans to Invest 2.1 Billion Yuan to Build the Yichang New Energy Industrial Park, With 1 Million mt of Iron Source and 300,000 mt of Iron Phosphate] On March 9, 2026, Tinci Materials (002709) announced that, to strengthen its strategic layout in lithium-ion battery materials, the company plans to build a new energy materials industrial park in Yichang, Hubei, through its wholly owned subsidiary Tinci Materials (Hubei) Co., Ltd. The project is expected to have an annual capacity of 1 million mt of iron source and 300,000 mt of iron phosphate, with total investment expected not to exceed 2.1 billion yuan.

11 hours ago