Xiangyang, Hubei to House 200,000 mt/year Iron Phosphate Project with Total Investment of 11 Billion Yuan

[200,000 mt/year iron phosphate project settles in Xiangyang, Hubei!] Nanzhang Lomon Phosphorus Products Co., Ltd. has conducted the second public announcement for the environmental impact assessment of its 200,000 mt/year new energy material iron phosphate entire industry chain supporting slag yard project.

The announcement information indicates that the total investment of the project amounts to 11 billion yuan. It was officially signed and settled in Nanzhang County in May 2022. The project will be constructed in two phases, covering installations such as sulfuric acid production from sulfur, wet process phosphoric acid, phosphogypsum treatment, and synthetic ammonia. After combining the capacities of Phase I and Phase II, the project will achieve an annual production capacity of 200,000 mt of iron phosphate.

Disclosed concurrently with the aforementioned project is another 200,000 mt/year new material project, with Panzhihua SD Lomon as the construction entity, with a total estimated investment of 7.25 billion yuan.