The second phase of the 120,000-ton annual lithium iron phosphate cathode material production base of Indonesia Liyuan, a subsidiary of Liyuan Technology, has officially started construction, reflecting the company's significant progress in globalization strategy and new energy industry development. Against the backdrop of deepening new energy industry cooperation between China and Indonesia, the groundbreaking ceremony for the second phase of the Indonesia Liyuan project was held in Semarang, marking the transition from preliminary piling to full-scale construction. In the future, it will become the largest lithium iron phosphate cathode material manufacturing base outside China. The Indonesia Liyuan project, launched in 2021, has attracted much attention. Its first-phase 30,000-ton lithium iron phosphate production line was completed and put into operation in 2024, and the first batch of products was shipped in January 2025, achieving a breakthrough in large-scale overseas production of Chinese lithium iron phosphate technology. The general manager of Indonesia Liyuan stated that the start of the second phase is an important reflection of the company's internationalization and green development strategy. The company will fully push forward construction to achieve early production and support the global development of the new energy industry. The project also marks a higher stage of China-Indonesia new energy industry cooperation. In the future, Liyuan Technology will continue to deepen its presence in the new energy materials field, strengthen industry chain collaboration, and promote energy transformation and sustainable development.
The second phase of the 120,000-ton annual lithium iron phosphate cathode material production base of Indonesia Liyuan, a subsidiary of Liyuan Technology, has officially started construction, reflecting the company's significant progress in globalization strategy and new energy industry development. Against the backdrop of deepening new energy industry cooperation between China and Indonesia, the groundbreaking ceremony for the second phase of the Indonesia Liyuan project was held in Semarang, marking the transition from preliminary piling to full-scale construction. In the future, it will become the largest lithium iron phosphate cathode material manufacturing base outside China. The Indonesia Liyuan project, launched in 2021, has attracted much attention. Its first-phase 30,000-ton lithium iron phosphate production line was completed and put into operation in 2024, and the first batch of products was shipped in January 2025, achieving a breakthrough in large-scale overseas production of Chinese lithium iron phosphate technology. The general manager of Indonesia Liyuan stated that the start of the second phase is an important reflection of the company's internationalization and green development strategy. The company will fully push forward construction to achieve early production and support the global development of the new energy industry. The project also marks a higher stage of China-Indonesia new energy industry cooperation. In the future, Liyuan Technology will continue to deepen its presence in the new energy materials field, strengthen industry chain collaboration, and promote energy transformation and sustainable development.