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A subsidiary of CATL has started construction of NEV Battery Materials Industrial Complex in Yichang, China.

Shanghai (Gas Goo)- On December 4, CATL began construction of a NEV-related battery material industrial complex in Yichang, Hubei Province, central China.

Construction of CATL begins at Yichang Battery Materials Industrial Complex. Photo provider: CATL

Construction took place after a CATL subsidiary signed an agreement on this project with the local government in mid-October. According to a previous statement from CATL, Guangdong Brunp Recycling Technology Co., Ltd. (Brunp Recycling) and Ningbo Brunp Contemporary Amperex Co., Ltd. (Ningbo Brunp CATL) is Yichang’s battery cathode material manufacturing site, featuring a product chain throughout the life cycle from phosphoric acid, raw materials, precursors, ternary cathode materials to battery material recycling.

According to information from business data platform Tianyancha, CATL holds a 52.88% stake in Brump Recycling, and Ningbo Brunp CATL is a joint venture between Brump Recycling and CATL.

The Yichang-based industrial complex, which covers an area of ​​about 5,500 mu (about 3,667,000 square meters), has 360,000 tons of iron phosphate, 220,000 tons of iron phosphate, 180,000 tons of NCM precursor, and 40,000 tons. It has a designed annual production capacity. Battery recycling capacity of lithium cobalt oxide, 40,000 tons of recycled graphite, and 300,000 tons per year.

Phase 1 production will begin in 2023 and the entire project will end in 2025. When fully operational, the industrial zone facility will be able to provide battery cathode material for 4 million NEVs.

The project is designed to help CATL improve its strategic deployment in the battery industry for new energy vehicles, protect the raw material supply for battery production, and build a sound battery recycling system. CATL states.

https://autonews.gasgoo.com/china_news/70019276.html A subsidiary of CATL has started construction of NEV Battery Materials Industrial Complex in Yichang, China.

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