The main structure of the 70,000-ton lithium-ion battery cathode material project of Xiamen Tungsten New Energy Ningde Base has been capped

On April 11, Xiamen Tungsten New Energy announced that the main structure capping ceremony of the company's 70,000-ton lithium-ion battery cathode material (CD workshop) project in Ningde was successfully completed, marking the entry of the project construction into a new stage. The total investment of the project is 2.445 billion yuan, mainly including two workshops C and D and related supporting facilities. After the project is put into production, it is expected to produce 70,000 tons of high-performance ternary cathode materials annually. By then, Xiamen Tungsten New Energy Ningde Base will reach an annual production capacity of 95,000 tons.