Chifeng plans to invest in a 40,000 ton/year lithium carbonate project

The Chifeng Municipal Government plans to invest in a lithium carbonate project with a capacity of 40,000 tons per year, with a total investment of RMB 2 billion. After completion, the project is expected to achieve an annual output value of RMB 10 billion and tax revenue of RMB 600 million.