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150ktpa graphite anode material project put into operation in Fujian

Fujian Longyi Xinyuan New Energy Technology Co., Ltd. has started production at its 150,000tpa lithium battery anode material project in Longyan National Hi-Tech Industrial Development Zone of Fujian.

The project, with a total investment of RMB200 million (USD27.52 million), has both the first and second phases in full operation now, with the annual output value projected to reach RMB350 million (USD48.15 million), and it is expected to add 70 local jobs.

The project mainly includes a highly-advanced deep processing line with an annual production capacity of 150,000 tonnes of graphite anode material used for lithium battery. With the project fully operational, the company has become a leading producer of 5μm graphite anode materials in China, with products supplied to battery material enterprises such as Shanshan and BTR.