Lithium Iron Phosphate Industry Chain -Lithium - Ion Battery Equipment
China Securities News (Reporter Kang Xi) Yuntu Holdings stated on the Shenzhen Stock Exchange Interactive Platform on November 9 that in the future, the company will rely on its own advantages in phosphate rock and phosphorus chemical industry to rationally deploy the lithium iron phosphate industry chain. At present, the company has planned 350,000 tons of battery-grade iron phosphate and related supporting projects, but has not carried out the lithium iron phosphate project. The company's iron phosphate project is planned to be constructed in two phases. The first phase of 100,000 tons/year of iron phosphate is expected to be completed and put into operation in March 2023; the second phase of 250,000 tons of iron phosphate and related supporting projects is expected to be completed and put into operation in December 2023. .(Lithium - Ion Battery Equipment)
On September 4, Yuntu Holdings announced that the company plans to invest and establish Yuntu New Energy Materials (Jingzhou) Co., Ltd. (referred to as "Yuntu New Energy") in Songzi City, Hubei Province with its own (self-raised) monetary funds of 500 million yuan. And it will invest in the construction of an annual output of 350,000 tons of battery-grade iron phosphate and supporting 300,000 tons of wet-process phosphoric acid (reduced pure), 300,000 tons of refined phosphoric acid, 1.5 million tons of phosphate rock beneficiation, 1 million tons of sulfur-based acid, 600,000 tons of sulfuric acid. Tons of slow and controlled release compound fertilizer, 1 million tons of phosphogypsum comprehensive utilization and 20MW waste heat power generation projects.
The announcement stated that the company has been deeply involved in the chemical fertilizer and chemical industry for more than 20 years. At present, it has established a phosphate fertilizer industry chain starting from phosphate rock resources and a phosphorus chemical industry chain dominated by yellow phosphorus, building an integrated industrial advantage and accumulating rich experience in phosphorus chemical industry. Rich experience and technical reserves related to production management. In this context, relying on the rich phosphate rock resources in the Niuniuzhai North Mining Area of Leibo County, the company expanded downward along the "phosphate rock-phosphoric acid-iron phosphate", further extending the industrial chain and entering the new energy market at the right time.
Yuntu Holdings said that the company plans to invest in the establishment of Yuntu New Energy, and to build 350,000 tons of battery-grade iron phosphate and related supporting projects per year, which is based on the rapid development trend of new energy vehicles and energy storage fields and the lithium iron phosphate cathode material market. prudent decision-making based on the supply and demand situation. The important purpose is to take advantage of the company's own resource advantages and industrial chain advantages, seize the development opportunities of the new energy industry, fill in the company's integrated industrial chain, consolidate the company's cost control advantages and industrial synergy advantages, and further enhance the company's ability to resist risks. and core competitiveness. This investment is conducive to incubating new profit growth points for the company, and at the same time, it is conducive to expanding the company's compound fertilizer and phosphorus chemical industry scale, which is in line with the company's long-term development strategy of continuing to grow bigger and stronger.
On September 4, Yuntu Holdings announced that the company plans to invest and establish Yuntu New Energy Materials (Jingzhou) Co., Ltd. (referred to as "Yuntu New Energy") in Songzi City, Hubei Province with its own (self-raised) monetary funds of 500 million yuan. And it will invest in the construction of an annual output of 350,000 tons of battery-grade iron phosphate and supporting 300,000 tons of wet-process phosphoric acid (reduced pure), 300,000 tons of refined phosphoric acid, 1.5 million tons of phosphate rock beneficiation, 1 million tons of sulfur-based acid, 600,000 tons of sulfuric acid. Tons of slow and controlled release compound fertilizer, 1 million tons of phosphogypsum comprehensive utilization and 20MW waste heat power generation projects.
The announcement stated that the company has been deeply involved in the chemical fertilizer and chemical industry for more than 20 years. At present, it has established a phosphate fertilizer industry chain starting from phosphate rock resources and a phosphorus chemical industry chain dominated by yellow phosphorus, building an integrated industrial advantage and accumulating rich experience in phosphorus chemical industry. Rich experience and technical reserves related to production management. In this context, relying on the rich phosphate rock resources in the Niuniuzhai North Mining Area of Leibo County, the company expanded downward along the "phosphate rock-phosphoric acid-iron phosphate", further extending the industrial chain and entering the new energy market at the right time.
Yuntu Holdings said that the company plans to invest in the establishment of Yuntu New Energy, and to build 350,000 tons of battery-grade iron phosphate and related supporting projects per year, which is based on the rapid development trend of new energy vehicles and energy storage fields and the lithium iron phosphate cathode material market. prudent decision-making based on the supply and demand situation. The important purpose is to take advantage of the company's own resource advantages and industrial chain advantages, seize the development opportunities of the new energy industry, fill in the company's integrated industrial chain, consolidate the company's cost control advantages and industrial synergy advantages, and further enhance the company's ability to resist risks. and core competitiveness. This investment is conducive to incubating new profit growth points for the company, and at the same time, it is conducive to expanding the company's compound fertilizer and phosphorus chemical industry scale, which is in line with the company's long-term development strategy of continuing to grow bigger and stronger.
