After the opening on January 14, Yuntu Holdings (002539) issued an announcement to invest in the construction of a green chemical circular industrial park in Xiangyang Fine Chemical Park, Hubei Province. Specifically, it includes 100000 tons of battery-grade iron phosphate project, 1 million tons of mineral processing project, 200000 tons of wet-process phosphoric acid (100%P2O5) project, 100000 tons of refined phosphoric acid (85%H3PO4) project, 800000 tons of sulfur sulphuric acid project, 800000 tons of slow and controlled release compound fertilizer project and 1 million tons of phosphogypsum comprehensive utilization project, with a planned fixed asset investment of about 2.15 billion yuan.
Yuntu Holdings said that the company's cooperation with the Yicheng people's Government aims to make full use of the local location advantages and policy support, seize the development opportunities of new energy, and further expand the industrial scale of the company's phosphorus chemical industry and compound fertilizer. Improving market competitiveness and profitability is in line with the company's development strategy of continuing to grow bigger and stronger.
Data show that Yuntu Holdings was established in 1995 and listed on the Shenzhen Stock Exchange in 2011. The company has rich and high-quality upstream resources of 1 billion tons, such as phosphate rock, coal mine, salt mine, pyrite and so on. The huge advantage produced by the coordination of industrial resources has greatly improved the efficiency and efficiency of each link of production and formed the core competitive advantage of the whole industry chain of the enterprise.
Battery Network noted that in recent years, Yuntu Holdings has expanded downward along the "phosphate rock-phosphoric acid-ferric phosphate" relying on its own phosphate rock resources, and plans to invest in the construction of 350000 tons of battery-grade ferric phosphate project and related supporting projects to fill up the company's integrated industrial chain and further consolidate the company's cost control advantage and industrial coordination advantage. At the same time, in order to give full play to the advantages of the industrial chain accumulated by the company for many years, the company makes use of the resources and channels of professional investment institutions to further lay out the industrial chain of lithium iron phosphate:
On September 3, 2021, Yuntu Holdings announced its investment in the establishment of Yuntu New Energy, which invests in the construction of projects with an annual production capacity of 350000 tons of battery-grade ferric phosphate and supporting 300000 tons of wet-process phosphoric acid (converted to pure), 300000 tons of refined phosphoric acid, 1.5 million tons of phosphate mineral processing, 1 million tons of sulfur sulphuric acid, 600000 tons of slow and controlled release compound fertilizer, 1 million tons of phosphogypsum comprehensive utilization and 20MW waste heat power generation projects.
On October 25, 2021, Yuntu Holdings issued a notice on participating in the investment in Jiangsu Zangqing New Energy Industry Development Fund. The company intends to use its own monetary capital of RMB 500 million to subscribe for the partnership share of Jiangsu Zangqing New Energy Industry Development Fund and become a limited partner of the partnership. The Zangqing Fund mainly invests in global salt lake lithium mining enterprises, which are raw materials for new energy batteries. One of the projects is the acquisition of a 51 per cent stake in Tibet Ali Mamicuo Mining Development Co., Ltd., which now holds 2.4499 million tons of proven liquid brine mine LiCl, with an average grade of 5644.64 mg Uniql and 51100 tons of subsurface brine mine LiCl.
