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  • Fengxin Shidai begins production at 30ktpa lithium carbonate project

    2023-10-09 12:04:18   [Print]
    Fengxin Shidai New Energy Materials Co.Asian Metal Copyright The investment for the first and second phase of the project is around RMB2.Asian Metal Copyright, Ltd.Asian Metal Copyright .Asian Metal Copyright has commenced production at the 30,000tpa lithium carbonate project, the phase one of its lithium battery material project located at Fengxin Industrial Park in Yichun, Jiangxi.Asian Metal Copyright The phase one project started commercial production this September.Asian Metal Copyright The investment for the first and second phase of the project is around RMB2.Asian Metal Copyright .Asian Metal Copyright54 billion (USD347 million) and RMB4.Asian Metal Copyright, Ltd.Asian Metal Copyright54 billion (USD622 million) respectively.

    The phase one with capacity of 30,000tpa of battery grade lithium carbonate broke ground in late October 2022 and was basically completed in early July 2023 following nine months of construction. The phase one project started commercial production this September.

    Fengxin Shidai is a wholly-owned subsidiary of Tianyi Lithium, a joint venture between Canmax Technologies (75%) and Contemporary Amperex Technology (25%).

    .Asian Metal Copyright54 billion USD622 million respectivelyAsian Metal Copyright
    Lithium Carbonate 99.5%min CIF China
    Unit:USD/kg
    Lithium Carbonate 99.5%min CIF China USD/kg
    China lithium carbonate 99%min producers' inventory to production ratio statistics by province by month
    Unit: %
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