【100,000 mt/year Lithium Manganese Iron Phosphate (LMFP) Production Line Officially Launched in Gansu】On April 18, 2025, the 100,000 mt/year LMFP cathode material project of Baiyin Shidai Ruixiang New Material Technology Co., Ltd. (hereinafter referred to as "Shidai Ruixiang") was officially launched in the High-Tech Industrial Development Zone of Baiyin City, Gansu Province. The first phase of this project, with a total investment of 485 million yuan, has a production capacity of 20,000 mt. The company has a long-term plan to achieve a total capacity of 100,000 mt, which will be constructed in three phases. The first phase, with a production line capacity of 20,000 mt, has been fully operational, and is expected to generate an annual revenue of 1 billion yuan. Upon completion of the second and third phases, the total capacity will reach 100,000 mt.