The lithium iron phosphate project was terminated and Huiyun Titanium Industry suspended investment

Due to changes in the market environment, Huiyun Titanium decided to terminate the construction of its 100,000-ton annual new energy material iron phosphate project. The project is expected to invest 630 million yuan, and has obtained relevant licenses and invested 30.31 million yuan. This decision reflects the impact of changes in supply and demand in the upstream raw material market of new energy batteries on the lithium iron phosphate industry.