Core Viewpoint - The company, Fengyuan Co., is expanding its lithium iron phosphate (LFP) production capacity significantly, with plans to reach a total capacity of 600,000 tons by 2025, supported by local government initiatives [2][3]. Group 1: Current Production Capacity - As of June 30, 2023, Fengyuan Co. has established a production line for 150,000 tons of lithium iron phosphate at its Yuxi base, although it has not yet obtained mining rights [2]. - The company has a current LFP production capacity of 22,500 tons, with ongoing projects to increase this capacity [3]. Group 2: Future Expansion Plans - Fengyuan Co. has signed a cooperation agreement with the Yuxi municipal government to build a total of 200,000 tons of LFP production capacity, with an expected expansion to 400,000 tons by 2025 [2]. - The company is also working on additional production lines, including a 100,000-ton line in Yuxi and a 25,000-ton line in Anqing, which are currently under construction [3].
15万吨!一磷酸铁锂材料项目落地!