Industrials, Technology, Healthcare Sep 16, 2021 05:06 PM (GMT+8) · EqualOcean
Financial Associated Press, September 16 - Xiamen tungsten industry announced that the company's subsidiary Xiamen xiatungsten new energy materials Co., Ltd. ("xiatungsten new energy") and the Management Committee of Ya'an economic and Technological Development Zone ("Ya'an economic and Technological Development Zone") signed the letter of intent for investment in lithium ion cathode material project on September 16, 2021. Xiamen tungsten new energy plans to invest in the construction of lithium ion cathode material project in Ya'an economic development zone. It is estimated that the investment intention is no less than 10 billion yuan, and invest in the construction of 100000 tons of lithium iron phosphate and 60000 tons of ternary materials.