Total Investment of Approximately 1.42 Billion! Construction Begins on a 60,000 mt Lithium Battery Graphitised Anode Material Project

According to "Youre Technology", on June 13, the 60,000-mt-per-year lithium battery graphite anode material project of Gansu Ruizhi New Materials Co., Ltd. (hereinafter referred to as Ruizhi New Materials), located in Wuwei, Gansu, officially broke ground in the Hongshagang Energy and Chemical Industry Concentration Zone, Minqin County, Wuwei.

It is reported that the total investment of the project is approximately 1.42 billion yuan, covering an area of 97 mu. The project will be constructed in two phases. The first phase, with a capacity of 60,000 mt of graphitised lithium battery anode materials, is expected to commence trial production in Q1 2026. Upon reaching full production, the annual output value will be nearly 600 million yuan, and the annual tax revenue will be 36 million yuan.

According to available information, Ruizhi New Materials is a subsidiary of Hunan Youre Technology Co., Ltd. Established in 2024 and located in Wuwei City, Gansu Province, it is an enterprise primarily engaged in the manufacturing of chemical raw materials and chemical products.