The vanadium battery integration project with a total investment of 3 billion yuan was launched in Neixiang, Henan

Dalian Rongke Energy Storage Group Co., Ltd. and Beijing Jinyang Group rely on the vanadium resource advantages of Neixiang County to cooperate in the construction of a full-chain integrated project in Neixiang, including mineral resource development, vanadium extraction and smelting, and battery energy storage equipment manufacturing. The project is divided into two phases. The first phase will invest about 1 billion yuan to build a high-purity vanadium production line as a raw material for vanadium energy storage batteries. The second phase will invest about 2 billion yuan to build a vanadium energy storage battery equipment manufacturing production line.