【HaiChuan Chemical Project Updates】A new energy materials project involving ferric phosphate and lithium iron phosphate is to be built in Yidu, Hubei, with a total investment of 18.684 billion yuan

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The last edit to this post was made by Desert Fish on December 6, 2022, at 17:09. Hubei Haiges New Energy Co., Ltd., a subsidiary of Dongfang Shenghong that holds a secondary controlling interest, plans to invest in projects related to the production of raw materials as well as new energy materials such as iron phosphate and lithium iron phosphate. The total investment amount is 18.684 billion yuan, with a construction period of 2 years. The project is planned to be built in the Yidu Chemical Industry Park. The construction scope includes an ore processing plant with a capacity of 1.8 million tons per year, a sulfur-based acid production plant with a capacity of 800,000 tons per year, a wet-process phosphoric acid plant with a capacity of 400,000 tons per year, a wet-process phosphoric acid purification plant with a capacity of 280,000 tons per year, an iron phosphate production plant with a capacity of 500,000 tons per year, a lithium iron phosphate production plant with a capacity of 300,000 tons per year, a water-soluble fertilizer production plant with a capacity of 100,000 tons per year, a special compound fertilizer production plant with a capacity of 500,000 tons per year, a plant for the harmless treatment of phosphogypsum with a capacity of 2 million tons per year, a plant for producing subgrade materials with a capacity of 1 million tons per year, a plant for producing cement retarders with a capacity of 1 million tons per year, and a plant for producing anhydrous hydrogen fluoride with a capacity of 20,000 tons per year. 　　Dongfang Shenghong stated that this project uses phosphate rock as raw material to establish a complete industrial product chain ranging from phosphate rock to lithium iron phosphate. Purified phosphoric acid is used as a raw material for lithium iron phosphate, which is then produced; in addition, water-soluble fertilizers and specialized fertilizers are also manufactured. This approach aims to promote the development of the new energy materials industry through a circular economy model.