CNMC Zhengyuan's 60,000-ton annual production project for lithium battery cathode material precursors started

Recently, CNMC Zhengyuan (Anhui) New Energy Technology Co., Ltd. and Hollysys successfully signed and launched the DCS system, instrumentation and valves of the 60,000-ton annual production of lithium battery cathode material precursor project (Phase I). Aiming to produce lithium battery cathode material precursors, this is the first key material project in the "1+4" strategy of CNMC. The project has a total investment of 10 billion yuan and will be built in two phases, each phase including 2 cobalt tetroxide and 4 ternary precursor production lines. After the project is completed, it will form a product production capacity of 60,000 tons.