Baili Technology Wins Bid for Guizhou Phosphate Iron Lithium Project, First Phase of 50,000 Tons Complete

Guizhou Phosphate Iron Lithium Project Progresses with 100,000 Tons Lithium Iron Phosphate: First Phase of 50,000 Tons, Site Leveling Completed, EPC to be carried out.

Baili Technology Company has won the bid as the EPC total contractor for Guizhou Phosphate Kairui Technology Co., Ltd.'s 100,000 tons/year Lithium Iron Phosphate project (design, procurement, construction), with the original bid price of 1.48 billion RMB. After over a year of technical discussions between the company and the project employer, it was decided to adjust the project construction scale to include a first-phase 50,000 tons/year Lithium Iron Phosphate production unit and a 160 tons/year Lithium Iron Phosphate (Manganese) pilot workshop, with the contract price adjusted to 880 million RMB (tax included).

Baili Technology will form a consortium with Guizhou Construction Group Eleventh Construction Engineering Co., Ltd. and Jiangsu Industrial Equipment Installation Group Co., Ltd. for the construction. The company will lead the consortium and will be responsible for all design, procurement, and project management outside of construction. Currently, Guizhou Phosphate has been operating an 80,000-ton Lithium Iron precursor production line.