Recently, Yan Yanhong, the person in charge of Keyking Recycling in Changsha, stated that the Keyking Recycling Power Battery High-end Raw Material Industrial Park (Phase I) is about to complete equipment installation and be put into operation.
According to the related information, the project was invested of Yuan 5 billion and covers an area of over 300 acres, including 100 acres of land for the Phase I. After completion, the first phase of the project can process 70,000-tonne LFP batteries and scraps, 50000-tonne crude lithium salts and related lithium containing waste, and produce 15,000-tonne battery grade lithium carbonate. Meanwhile, it can employ for over 200 people, achieve an annual output value of Yuan 3 billion to 5 billion, and generate tax revenue of over Yuan 100 million. After the project is fully completed and reaches production capacity, it is expected to have an annual output value of over Yuan 10 billion.
Edited by Cassie Li, lixiangying@mysteel.com