Shaowu Yongtai High-Tech Materials Co., Ltd.’s project for the technical renovation and expansion of its production capacity to 50,000 tons per year of lithium hexafluorophosphate

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On May 22, the first information disclosure regarding the environmental impact assessment for the technical renovation and expansion project of Shaowu Yongtai’s facility capable of producing 50,000 tons of lithium hexafluorophosphate per year was carried out. The details of the project are as follows: Project name: Technical renovation and expansion project of Shaowu Yongtai’s facility for annual production of 50,000 tons of lithium hexafluorophosphate； Construction unit: Shaowu Yongtai High-Tech Materials Co., Ltd ； Construction content and scale: Utilize the existing lithium hexafluorophosphate workshop for technological upgrades, renovation, and expansion. A new production facility capable of producing 32,600 tons of lithium hexafluorophosphate per year will be added, ultimately resulting in a production line with an annual output capacity of 50,000 tons of lithium hexafluorophosphate. Regarding Shaowu Yongtai High-Tech Materials Co., Ltd.: Established in June 2016, Shaowu Yongtai High-Tech Materials Co., Ltd. is located in the Jintang Industrial Park in Shaowu City, Fujian Province. It is controlled by Zhejiang Yongtai Technology and has Ningde Times as one of its shareholders; it is a high-tech enterprise classified as a \"specialized, innovative, and high-performing small giant\" enterprise. The company is mainly engaged in the research, development, production, and sales of lithium battery electrolytes as well as fluorine-containing advanced new materials. Its core products include lithium hexafluorophosphate, lithium bis(fluorosulfonylimide) and other lithium salts used in lithium batteries, and it possesses mature production processes as well as multiple technical patents.