Boqian New Materials to expand nickel powder precision classification projects

On July 21, Boqian New Materials announced plans to invest in three expansion projects, with the company and its subsidiaries--Jiangsu Guangyu Energy Storage Materials Co., Ltd. and Ningbo Guangqian Electronic Materials Co., Ltd.--serving as the implementation entities.

The projects include the nano nickel powder precision classification capacity expansion project, the 200nm and below nickel powder fine classification capacity expansion project and the 600tpy ultra-fine metal powder materials project with investments of approximately RMB35 million (USD5.17 million), RMB89 million (USD13.14 million) and RMB77.50 million (USD11.44 million) respectively. The total planned investment across the three projects amounts to approximately RMB201.5 million.