China’s Orient Zirconic Rises on Plan to Invest USD102 Million in High-End Battery Materials Plant
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Orient Zirconic Ind Sci & Tech plans to invest USD102.4 million to build a high-end battery materials factory in Henan province. The plant will have an annual production capacity of 60,000 tons of battery-grade zirconium hydroxide and 12,000 tons of high-purity zirconia and hafnia. The project will be developed in two phases, starting in January. This investment aims to expand the company's high-tech and high-value-added businesses, enhancing its competitiveness and profitability in the battery materials market.
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