On November 11, Jiangsu Xinsi Xinneng 200000 tons cathode material project start-up mobilization meeting was held in Suqian Jingkai District, Jiangsu Province. Among them, the first phase of the project with an annual output of 80000 tons of high-energy lithium iron phosphate cathode materials was officially launched.
It is reported that Jiangsu Xinsi Xinneng 200000 tons cathode material project is the core strategic project of Shanghai Gepai Nickel Cobalt Material Co., Ltd. The total investment of the
project is over 3 billion yuan, of which the first phase of the project produces 80,000 tons of 4.5 and 5 generation high pressure lithium iron phosphate cathode materials annually, and the annual sales are expected to exceed 4 billion yuan after the first phase of the project is put into operation.
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