-
Blogs
Fulin Precision’s 500,000-ton lithium iron phosphate project is accelerating.
Release Date:
2026-04-16
Fulin Precision’s subsidiary, Inner Mongolia Fulin Times, has entered the full-scale construction phase of its 500,000-ton high-end lithium iron phosphate energy-storage project. With a total investment of RMB 6 billion and spanning 567 mu of land, the project will be developed in two phases, each with a capacity of 250,000 tons. It will focus on products featuring high tap density and long cycle life, tailored to meet the demands of large-scale energy-storage power stations. Located in the Ordos Zero-Carbon Industrial Park, the project benefits from abundant green-power resources and low-cost advantages, and is expected to generate annual output value of RMB 17.5 billion upon completion. Leveraging the rapid expansion of its lithium iron phosphate cathode-material production and maintaining close partnerships with leading downstream battery manufacturers, the company is seeing gradual relief from cost pressures as the supply of raw materials such as sulfuric acid improves. Accelerating the project’s construction will help the company capture a larger share of the energy-storage market and further strengthen its end-to-end new-energy-materials value chain.
Fulin Precision’s subsidiary, Inner Mongolia Fulin Times, has entered the full-scale construction phase of its 500,000-ton high-end lithium iron phosphate energy-storage project. With a total investment of RMB 6 billion and spanning 567 mu of land, the project will be developed in two phases, each with a capacity of 250,000 tons. It will focus on products featuring high tap density and long cycle life, tailored to meet the demands of large-scale energy-storage power stations. Located in the Ordos Zero-Carbon Industrial Park, the project benefits from abundant green-power resources and low-cost advantages, and is expected to generate annual output value of RMB 17.5 billion upon completion. Leveraging the rapid expansion of its lithium iron phosphate cathode-material production and maintaining close partnerships with leading downstream battery manufacturers, the company is seeing gradual relief from cost pressures as the supply of raw materials such as sulfuric acid improves. Accelerating the project’s construction will help the company capture a larger share of the energy-storage market and further strengthen its end-to-end new-energy-materials value chain.
Related News
On March 28, the 300,000-ton sulfur-based sulfuric acid project of Xinjiang Yingtai Energy Technology Co., Ltd. (hereinafter referred to as Yingtai Energy) was officially commissioned, effectively bridging the gap in sulfuric acid production capacity in the local market and southern Xinjiang and providing a stable supply of raw materials for key industries such as downstream fertilizer manufacturing, lithium-ion batteries, and new materials.
The first phase of the high-end fluorine-based new materials industrial park project—totaling an investment of RMB 1.182 billion—developed by Inner Mongolia Mingyue New Materials Co., Ltd., has successfully commenced production with feedstock introduction for its core product, R152a.
Paradip Phosphates Limited Successfully Commissioned New 300-Ton-Per-Day Sulfuric Acid Plant
On April 1, 2026, Paradeep Phosphates Limited in India announced the successful commissioning of a new 300-ton-per-day sulfuric acid plant at its Mangalore facility on March 31. The project represented a total investment of approximately INR 24 billion.
Paradip Phosphates Limited Successfully Commissioned New 300-Ton-Per-Day Sulfuric Acid Plant
On April 1, 2026, Paradeep Phosphates Limited in India announced the successful commissioning of a new 300-ton-per-day sulfuric acid plant at its Mangalore facility on March 31. The project represented a total investment of approximately INR 24 billion.
On March 30, 2026, the Ningxia 100,000-ton-per-year carbon dioxide chemical-looping mineralization industrial demonstration project—under EPC general contracting by Sinopec Nanjing Engineering—officially broke ground.
On March 27, 2026, Inner Mongolia Fulin Shidai New Materials Co., Ltd., a subsidiary of Fulin Precision Industry, commenced construction on its 500,000-ton-per-year high-end lithium iron phosphate project for energy storage immediately after acquiring the land. Located in the Zero-Carbon Industrial Park of the Mongolian-Soviet Economic Development Zone in Ordos, the project represents a total investment of RMB 6 billion and spans over 567 mu. It will include production facilities such as grinding and kiln systems, along with intelligent supporting infrastructure, with a primary focus on developing new high-voltage, high-density lithium iron phosphate products. The project will be implemented in two phases, each featuring a 250,000-ton production line. Upon commissioning, the project is expected to generate an annual output value of RMB 17.5 billion and annual profits and taxes exceeding RMB 100 million, while creating more than 600 jobs and helping to extend and strengthen the regional lithium-ion battery industry chain. Fulin Shidai was established in January this year and, following a capital increase completed in March, now has a registered capital of RMB 1.005 billion, with Jiangxi Shenghua holding a 77.6119% stake and serving as the controlling shareholder. The commencement of this project aligns with the growing demand in the new-energy vehicle and energy-storage markets for high-performance lithium iron phosphate batteries, accelerates the deployment of high-end production capacity, further enhances the company’s footprint in the lithium-ion battery cathode-material sector, and supports the upgrading of the regional new-energy industry.
