Mega Lithium Battery Material Project Kicks Off with 73 Billion Yuan Investment

Published: Jan 10, 2025 22:27

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[Total Investment of 73 Billion Yuan! Mega Lithium Battery Material Project Officially Commences] On the morning of January 6, the groundbreaking ceremony for the first phase of the Guizhou Bijie Phosphate-Coal Chemical Integration Project was held in the Zhijin Economic Development Zone, Guizhou. The Guizhou Bijie Phosphate-Coal Chemical Integration Project is the largest industrial project in Guizhou's history in terms of investment. Jointly developed by Tsingshan Group, Huayou Holding, and Huafon Group, the project was signed in April 2024 with a total investment of 73 billion yuan. Once fully constructed and operational, it is expected to achieve an annual output value of 120 billion yuan and create over 14,000 jobs. The project will be constructed in three phases, including facilities for an annual production capacity of 800,000 mt of LFP, 1.5 million mt of iron phosphate, 1 million mt of DMC, 5 million mt of coke, 500,000 mt of methanol, 800,000 mt of synthetic ammonia, and 1 million mt of hydrogen peroxide.

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