[Lithium Battery: XTC Plans To Invest In 40,000 Tons/Year Lithium Iron (Manganese) Phosphate Project]

Published: Apr 23, 2026 17:40

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On April 22, Xiamen Tungsten New Energy Materials Co., Ltd. issued an announcement regarding the relevant proposals to increase capital in its holding subsidiary, Ya'an XTC New Energy Materials Co., Ltd., and have it invest in the construction of an annual 40,000-ton lithium iron (manganese) phosphate project. This investment project is the third phase in Ya'an, an annual 40,000-ton lithium iron (manganese) phosphate project, with an estimated total investment of 734.29 million yuan, including fixed asset investment of 688.91 million yuan and initial working capital of 45.38 million yuan. The construction period is 25 months, with production scheduled to commence in June 2028.

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