Longpan Technology Expands Lithium Iron Phosphate Industry with 80,000 Tons Shandong Plan

Layout of Dragon Source Lithium Iron Phosphate Industry: Lithium Carbonate Production, Shandong Phase III 80,000 Tons Lithium Phosphate Plan to Start Construction in the First Half of 2024

Longpan Technology has long been expanding its vertical integration layout to reduce raw material costs, including the construction of lithium carbonate and lithium iron phosphate production capacity. According to the company's disclosure on the investor interaction platform, Longpan Technology's lithium carbonate processing line was ignited in August last year, and the company has already started production of 50,000 tons of lithium iron phosphate in Shandong and another 50,000 tons in Hubei. The second phase of the 50,000 tons lithium iron phosphate project in Shandong is also in the stage of trial production and is expected to start construction of the third phase 80,000 tons lithium iron phosphate project in Shandong in the first half of 2024.