Core Viewpoint - The company has approved its wholly-owned subsidiary to invest in a project for the production of 60,000 tons of battery-grade zirconium oxychloride and 12,000 tons of high-purity zirconium and hafnium separation oxides, with a total investment budget of 737 million yuan [1] Group 1: Project Details - The project is planned to commence construction in January 2026 and will be executed in two phases [1] - Phase one will focus on the construction of 35,000 tons per year of high-purity zirconium oxychloride, while phase two will add 25,000 tons per year of high-purity zirconium oxychloride and 12,000 tons per year of oxides [1] - The funding for the project will come from the company's own resources or self-raised funds [1] Group 2: Strategic Implications - This investment aligns with the company's strategic goals and is expected to enhance its competitiveness and profitability [1] - The project is still subject to administrative approvals, which introduces an element of uncertainty [1]
东方锆业:全资子公司拟7.37亿元投建锆氧化物项目