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13 Jun
03:06

Fangyuan to raise funds for lithium carbonate production, LFP battery recycling

Shenzhen-listed Guangdong Fangyuan Environment plans to invest up to CNY 1.89 billion ($263.26 billion) for its battery-grade lithium carbonate production and lithium iron phosphate battery recycling project, Kallanish reports.  According to a stock exchange announcement, the investment will enable the company to enter the lithium iron phosphate cathode precursor market, as well as coordinate development with its existing ternary cathode precursor production.…
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