Jiuchen's Annual 100,000 Tons LMFP Project Breaks Ground in Xinjiang

Published: Apr 18, 2024 13:43

Save

Jiuchen's annual production of 100,000 tons of lithium manganese iron phosphate (LMFP) project broke ground. The construction project of Jiuchen New Materials Technology Co., Ltd. in Xinjiang with a total investment of 4 billion RMB broke ground for the construction of a 100,000 ton lithium manganese iron phosphate cathode material project, located in Huocheng County, Ili, Xinjiang. The first phase of the project will start construction in April 2024, with plans to complete and put into operation 2 lithium manganese iron phosphate production lines by the end of the year; the second phase plans to complete and put into operation 2 lithium manganese iron phosphate production lines and 2 precursor production lines in 2025. Compared to lithium iron phosphate, the energy density of lithium manganese iron phosphate is increased by about 25%, with a cost increase of only about 5%, mainly used in the field of new energy vehicle batteries and energy storage batteries.

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

3 hours ago

Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth

On January 28th, the construction of the 500-kilovolt power transmission and transformation project in Fengtai, Beijing officially started. This project is the first newly-built 500-kilovolt power grid project in Beijing during the 15th Five-Year Plan period. It will significantly enhance the resilience and power receiving capacity of the southern Beijing power grid and provide reliable power support for Beijing to continuously optimize the investment structure and vigorously develop high-end, precise, and cutting-edge industries. The 500-kilovolt power transmission and transformation project in Fengtai, Beijing is a key project of Beijing's power grid during the 15th Five-Year Plan period and one of the "3 100" key projects in Beijing this year. It is constructed and managed by the State

3 hours ago

Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run

On February 1st, the 500-kilovolt AC system of the Hezhou Converter Station, the receiving-end station of the ±800-kilovolt UHV DC power transmission project from northern Shaanxi to Anhui, was officially put into operation after a 24-hour trial run.

3 hours ago

750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational

On February 2nd, the 750-kilovolt power transmission and transformation project of the third passageway from northern Shaanxi to central Shaanxi was fully connected. The project starts from the 750-kilovolt Shuofang Substation in Shenmu City in the north and ends at the 750-kilovolt Bailuyuan Substation in Lantian County in the south. It has newly built a 1,271-kilometer line, passing through 18 counties (districts) in 4 cities including Yulin, Yan'an, Weinan and Xi'an.

3 hours ago