[Haichuan Overseas Engineering] Tianci Materials’ $280 million project for 150,000 tons of electrolyte in Morocco has officially commenced construction

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Recently, the Tianci Materials electrolyte project in Morocco officially commenced construction. The total investment in the project is 2.576 billion Moroccan dirhams (approximately 280 million US dollars), and upon completion it is expected to have an annual production capacity of 150,000 tons of electrolytes and key raw materials. This is another significant initiative by the company that has entered the actual construction phase, following the progress of its previous projects in North America; it marks the transition of Tianci Materials’ globalization strategy from its initial stage to one of active implementation. According to Tianci Materials, unlike the production capacity layout in single markets, the Morocco project plays a more pivotal role within the global network. On one hand, Morocco is located at the intersection of Europe, Africa, and the Middle East, boasting significant geographical advantages that provide it with the ideal conditions to connect various markets ； On the other hand, the Jorf Lasfar industrial park where the project is located boasts a mature industrial foundation and a well-developed supporting infrastructure, providing an excellent industrial environment for the large-scale production and stable operation of new energy materials. This layout not only helps Tianci Materials to get closer to its overseas clients and improve response efficiency, but also lays a solid foundation for further enhancing global supply coordination and optimizing resource allocation in the future.