Nanning Anda gets approval to build 240ktpa LFP project

Nanning Anda New Energy Technology Co., Ltd. has received preliminary approval from local authority in Nanning to build a lithium iron phosphate (LFP) project with a production capacity of 240,000 tonnes per annum at an industrial park in the eastern part of Nanning.

According to the environmental impact assessment (EIA), the company plans to invest RMB4 billion (USD552 million), including RMB36.7 million (USD5.07 million) for environmental protection, to construct the project in two phases, each including eight production lines for a combined production capacity of 120,000tpa of LFP.