Fangyuan New Materials Boosts Production Capacity for Key Battery Components

Fangyuan New Materials has announced significant enhancements in its production capabilities for essential battery components. According to recent research records, the company currently boasts an annual production capacity of 86,000 tons of ternary precursor and 10,000 tons of lithium salt products. The ternary precursor production line is capable of producing intermediate nickel cobalt salts, essential materials in battery manufacturing.

To meet the rising demand for battery components, Fangyuan New Materials is expanding its production capacity. The company is undertaking new construction projects and implementing technological upgrades to increase the output of battery-grade lithium carbonate and nickel cobalt salts. These efforts are expected to result in a substantial rise in lithium carbonate production capacity during the second half of this year.