On October 30, Binhai Energy announced that its subsidiary, Inner Mongolia Xiangfu New Energy Co., Ltd. (Hereinafter referred to as "Xiangfu New Energy"), intends to invest 200000 tons of anode material integration project in Huitengxile Green Economic Development Zone, Ulanchabu City, Inner Mongolia, with an estimated total investment of 8.2 billion yuan, which will be constructed in two phases. Each phase of construction is 100000 tons.
According to the announcement, the project has completed the preliminary procedures and preparations for project filing, environmental assessment, energy assessment and land use.
Binhai Energy said that at present, the company has 100,000 tons of front-end and back-end projects of Xiangfu New Energy. In addition to the 200,000 tons of anode materials to be built this time, it will also build 40,000 tons of anode materials integration project of Xinjinma. The company will make unified planning, invest in stages and put into operation step by step according to market demand.
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