Ronbay Announces its Global Development Strategy to Implement a Project of 40,000-Ton-per-annum High-nickel Ternary Cathode and 20,000-Ton-per-annum Lithium Ferromanganese Phosphate in Korea

BEIJING, Aug. 20, 2023 /PRNewswire/ -- On August 18, 2023 local time, Ronbay, a global leading cathode material company founded by its current chairman Bai Houshan with a membership of many

Chinese and Korean scientists, held a global development strategy conference in Seoul, South Korea. It also held a commencement ceremony of the project of 40,000-ton-per-annum high-nickel ternary cathode and 20,000-ton-per-annum lithium ferromanganese phosphate cathode in Chungju, South Korea on the same day.

According to the huge investment plan for building factories around the globe announced by Ronbay this time, by the end of 2025, it will build a capacity of 380,000 tons of ternary cathode materials worldwide, of which 230,000 tons and 100,000 tons of ternary cathode materials will be produced in China and South Korea respectively; In addition to building a capacity of 500,000 tons of ternary cathode materials in China and 200,000 tons of ternary cathode materials in South Korea, it plans to...

As LMFP is increasingly widely used all over the world, Ronbay is the first to stably deliver large quantity of lithium ferromanganese products in Chinese market. The project of 20,000-ton-per-annum LMFP cathode commenced this time is the first large-scale lithium ferromanganese factory operated by Chinese cathode material enterprises outside China.

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