Gansu Company Launches $3.135B Lithium Iron Phosphate Project in Lanzhou New Area

Published: Feb 25, 2026 17:10

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On January 30th, the commissioning ceremony for a company in Gansu was held in Lanzhou New Area. The project has a total investment of 3.135 billion yuan and will be constructed in two phases, each with a capacity of 100,000 tons. The first phase, with an annual output of 100,000 tons of lithium iron phosphate production line, started construction in April 2024; the second phase, also with an annual output of 100,000 tons, is planned to commence construction in March 2026.

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