Go out! Going to Overseas Indonesian Lithium Salt Project
Release time:
2021-10-08
National Day, the whole country rejoice. In the early morning of October 5, Sheng Xinli was able to blow the assembly horn for Indonesia. The team, led by Deputy Chief Executive Fang Yi, gathered many personnel from the project team, including finance, civil engineering, equipment management, planning and design, and flew from Guangzhou to Morovali Industrial Park (IMIP), Morovali County, Central Sulawesi Province, Indonesia.
This is the first batch of teams sent overseas by Shengxin Lithium Energy in 2021, marking the official start of Shengxin Lithium Energy Indonesia's 50000 tons of lithium hydroxide and 10000 tons of lithium carbonate projects.
After the project team arrives in Indonesia's IMIP Industrial Park, it will conduct in-depth communication with partner STELLAR in various aspects such as process plan, market, capital, scale, technology, environment, and plant construction resources to promote project construction as soon as possible. Shengxin LiNeng and STELLAR will give full play to their respective advantages and resources to build a joint venture project with an annual output of 50000 tons of lithium hydroxide and 10000 tons of lithium carbonate in Indonesia into the world's advanced power battery raw material manufacturing base. The project is in line with the Indonesian government's industrial planning, the Chinese government's "One Belt One Road" development strategy, the strategic development of both partners and the strategic needs of the global market.
After the Shengxin LiNeng Indonesia project is put into production, it will greatly expand the production capacity of the company's lithium salt business, significantly increase the company's revenue scale and profitability, and increase the company's market share and influence, which is conducive to the company's "commitment to becoming a global lithium battery with leading production capacity and quality." The realization of the strategic goal of "Leading Enterprise in New Energy Materials.
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